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Category: Finance

  • New Location to Accelerate Strategic Growth and Innovation: Allianz PNB Life Moves to New Makati Headquarters

    New Location to Accelerate Strategic Growth and Innovation: Allianz PNB Life Moves to New Makati Headquarters

    Makati City, Philippines — On August 8, 2025, Allianz PNB Life (AZPNBL) marked a major milestone in its journey of growth and innovation with the official opening of its new corporate headquarters at One Ayala, Makati.

    The move signals AZPNBL’s readiness to scale operations and strengthen its position as a leading player in the Philippine life insurance industry. More than just a physical relocation, the new space reflects the company’s commitment to customer-focused transformation, digital innovation, and sustainability—all aligned with Allianz Group’s 2030 ambition to be the most trusted partner in life, health, and wealth.

    “Our relocation to One Ayala is a bold step toward the future,” said Joseph Gross, President and CEO of Allianz PNB Life. “The office is designed with both clients and employees in mind—prioritizing accessibility, collaboration, and service excellence. It is a space that enables us to elevate the customer experience while driving sustainable growth.”

    A Symbol of Sustainability and Progress

    The new headquarters is LEED-certified, meeting global standards for safety, design, and environmental responsibility. It supports Allianz’s group-wide sustainability strategy and creates a modern, collaborative environment that improves employee productivity and client experience.

    “The Philippines is an important market in the Allianz Asia Pacific network,” said Anusha Thavarajah, Regional CEO of Allianz Asia Pacific. “AZPNBL’s strong performance reinforces our confidence in the region and supports our 2030 Pinnacle ambition. This new office is a testament to the company’s growth and readiness to deliver its part in achieving our shared ambitions.”

    Accelerating Toward 2030

    Central to Allianz’s roadmap is a continued focus on being customer-first, digitally enabled, and sustainability-driven. AZPNBL has made significant strides in digital transformation, most notably through initiatives like the Project Lighthouse, the OnTheGo app, and AI integration that enhance both distribution and customer journey.

    “We laid the groundwork in 2024, and this year marks the acceleration of our digital and operational transformation,” Gross added. “We are positioning Allianz PNB Life to deliver on its promise of trust, innovation, and excellence.”

    Empowering People, Expanding Reach

    Now in its ninth year of operations since Allianz’s acquisition of 51% of PNB Life in 2016, AZPNBL continues to build on a foundation of strong market performance and product innovation.

    “The Philippines has a population of over 117 million, yet insurance penetration remains around 2%,” Gross noted. “We see this as a powerful opportunity. We are committed to expanding our reach with inclusive, relevant, and affordable solutions that put our customers at the center of everything we do.”

    The new office also enhances internal collaboration, providing teams with modern layouts and amenities to better serve clients, while offering greater accessibility through its prime Makati location.

    “This new space allows us to deliver an even better experience to our clients—one that reflects comfort, security, and sustainability,” Gross concluded. “It’s a new home for our people, our partners, and our mission to secure the future of more Filipinos.”

    More information about Allianz PNB Life is available at https://www.allianzpnblife.ph/

    Reference & Media Contact:

    Lariza Garcia

  • Allianz re-opens its new Agency Office in Davao

    Allianz re-opens its new Agency Office in Davao

    Allianz PNB Life (Allianz) reinforces its local presence with the re-opening of its Agency Office in Bajada, Davao. The company’s newly refurbished business center supports its growth strategy, which is to make life insurance more accessible to its clients in Davao.

    Allianz, a global leader in insurance, started its operations in the Philippines in 2016 and now has a total of 26 business centers in key cities across the archipelago. Strategically located on the 11th floor of Pryce Tower, Unit 111, Bajada, Davao, the newly re-opened Agency Office welcomes guests to a hub where customers can access financial services and start their financial journey with their trusted financial advisor, or Life Changers.

    Floro ‘Jun’ Marasigan Jr., Allianz Chief Agency Officer said the office expansion is part of the company’s strategy to drive customer growth by ensuring the delivery of personalized service and prioritization of the needs of customers.

    “The re-opening of our Agency Office in Bajada Davao further strengthens our reach—to secure the lives of more Filipinos and opening opportunities to a fulfilling and rewarding career as a Life Changer. At Allianz, you are not just starting a career but stepping into a legacy. We are developing our Life Changers to become among the best in the industry. While our Life Changers are helping our customers meet their financial goal, they are reaching their own career goals at the same time,” he said.

    Employer of choice

    Together with its growth efforts, Allianz PNB Life has been recognised with local and regional awards for corporate governance, Environmental, Social and Governance (ESG), and employee engagement.

    Allianz, a people-first workplace, was certified Great Place To Work for two years in a row. Its diversity, equality and inclusion programs were recognized by the 2024 HR Excellence Awards – Gold Excellence in Cross Generational Workforce Management. Moreover, Allianz received two Golden Arrows from the ASEAN Corporate Governance Scorecard, which evaluates corporate governance practices of publicly listed companies in the region, and was commended by the Insurance Asia News Country Awards 2024 as the Best in Bancassurance Partnership and Exceptional ESG Leader for its Environmental, Social, Governance framework on sustainability practices.

    Marasigan said the accolades strengthen the company’s commitment to building a customer-centric organization. “These awards are a testament to Allianz’s promise of securing your future, while reinforcing our goal to be your insurer and employer of choice,” he added.

    ALLIANZ PNB LIFE INSURANCE, INC.

    Allianz PNB Life, Inc. (AZPNBL) was established in 2016 through a joint venture between German-based Allianz Group and the Philippine National Bank (PNB).

    Allianz ranked as the top insurance brand and 29th overall in the 2024 Interbrand global rankings, and it is one of the most sustainable global insurers according to the Dow Jones Sustainability Index. Locally, AZPNBL is certified Great Place To Work and is recognized by the Insurance Business Asia as a Top Insurance Employer in 2024. The company plays an active role in the community, creating a better tomorrow through sustainability advocacies such as food rescue, financial inclusion, and youth empowerment.

    AZPNBL currently operates 25 business centers in key cities in the Philippines, with over 400 financial advisors serving customers of its bancassurance partner PNB, and 2,250 active Life Changers™ catering to its agency clientele nationwide. AZPNBL also has an exclusive distributorship arrangement with HSBC Insurance Brokers Philippines, offering insurance propositions to HSBC Wealth clients. AZPNBL Life Changers™ are committed to the purpose of securing the future of Filipinos in their lifetime financial planning, wealth accumulation, and well-being aspirations, by offering a wide range of life and health insurance products catering to specific needs.

    Reference & Media Contact:

    Lariza Garcia

  • Paynamics x Sterling Bank of Asia: Empowering Businesses Together!

    Paynamics x Sterling Bank of Asia: Empowering Businesses Together!

    Why Paynamics and Sterling Bank of Asia are empowering business together?

    We’re thrilled to announce our strategic partnership with Sterling Bank of Asia! Through this collaboration, Sterling Bank will introduce Paynamics’ cutting-edge payment solutions to its merchant clients—helping businesses streamline transactions and drive growth.

    Together, we’re making digital payments more accessible, seamless, and efficient for merchants across industries. This is just the beginning of financial innovation at work!

    Sterling Bank of Asia (SBA) and Paynamics Technologies have renewed their partnership to enhance the accessibility of digital payments for SBA’s business clients. Attending the event were (L-R) SBA Retail Banking Group Head and EVP Ralph Cadiz, along with President and CEO Cecilio San Pedro; Paynamics CEO Mylene Chua-Magleo, Board Member Esther Magleo, CFO Ronald Magleo, and Chief Revenue Officer Allan Condino.

    Stay tuned for more updates as we build the future of payments!

    #Paynamics #SterlingBankofAsia #Partnership #FintechInnovation #DigitalPayments

    Reference: sbaPR

  • CIMB BANK: Be Future-Ready with MaxSave Next Gen Time Deposit

    CIMB BANK: Be Future-Ready with MaxSave Next Gen Time Deposit

    Are you ready to invest your money with CIMB BANK’s MaxSave Next Gen Time Deposit?

    On March 12, 2025, I received a system generated message from CIMB BANK, offering the MaxSave Next Gen Time Deposit.

    With the CIMB BANK’s MaxSave Next Gen Time Deposit, depositor can open an account with only P5,000 minimum to P1,000,000 maximum deposit.

    Maximize your savings with the best ever interest rates at flexible terms:

    1. 3 months – 5.5% p. a. interest
    2. 6 months – 5.75% p. a. interest
    3. 12 months – 5.75% p. a. interest
    4. 24 months – 5.5% p. a. interest

    Future-Ready with MaxSave Time Deposit!

  • Jollibee Group Named One of TIME’s ‘World’s Best Companies’ for the Second Time

    Jollibee Group Named One of TIME’s ‘World’s Best Companies’ for the Second Time

    Did you know that the Jollibee Group named as one of the “World’s Best Companies” of 2024?

    The Jollibee Group named as one of the “World’s Best Companies” for two consecutive years by the prestigious TIME Magazine.

    The Jollibee Group continues to strengthen its global standing after being included in TIME Magazine’s prestigious “World’s Best Companies” list for two consecutive years.

    “We are incredibly honored to be recognized once again on TIME’s World’s Best Companies List. This reaffirms our commitment to creating a workplace that fosters excellence and growing the business sustainably,” said Jollibee Group Global President and CEO Ernesto Tanmantiong. “This recognition belongs to our people who work hard to achieve our dreams. Together, we will continue to work with passion and purpose to bring the joy of eating to everyone. We also share this recognition with our franchisees and partners who have supported us through the years.”

    Key dimensions of the ranking

    According to the global data and business intelligence platform Statista, companies were assessed based on three key dimensions, namely employee satisfaction, revenue growth, and sustainability transparency or Environmental, Social, and Governance (ESG). The scores of all three dimensions were added on an equal percentage basis to form the final ranking score of a maximum of 100 points. The 1,000 companies with the highest score were awarded as the World’s Best Companies of 2024.

    The Jollibee Group received a score of 84.81 or “very high” mark for revenue growth. The Company’s net income rose 16% to PHP8.8 billion in 2023, while total revenues marked a 15.2% increase to PHP244.1 billion. Its systemwide sales hit PHP343.32 billion, an all-time high record with a 16.3% increase.

    The Jollibee Group’s strengthened People Agenda was key to its record business performance, which was characterized by back-to-back best-ever years in 2022 and 2023. The Company remains committed to fostering a workplace that prioritizes not only employee satisfaction and safety but also their development and well-being. Through its dedicated People Agenda, the Company ensures engagement at multiple levels, from personal to people around them and to the company and community.

    In 2023, the Jollibee Group launched its global sustainability agenda, Joy for Tomorrow, anchored on three key pillars: Food, People, and Planet. Under the People pillar, Employee Welfare stands as a key priority, with a focus on enhancing lives through initiatives such as Learning & Development, Employee Engagement, and Diversity & Inclusion. These efforts are aligned with the United Nations Sustainable Development Goals (UN SDGs), underscoring the Group’s broader mission to create positive and lasting change.

    Earlier this year, the Jollibee Group earned the Gallup Exceptional Workplace Award for the third time, recognizing its high employee engagement and strong corporate culture. Notably, the Jollibee Group remains the only Philippine-based company to receive this prestigious distinction.

    Reference:

    Ms. Lariza Garcia

  • Pag-IBIG Loyalty Card Plus: Enjoy Discounts and Rewards Plus the Convenience of a Cash Card

    Pag-IBIG Loyalty Card Plus is not just a government issued valid identification card but truly is an all-in-one card you should have in your every important single activities in the community. With your Pag-IBIG Loyalty Card Plus you can start enjoying exclusive discounts and rewards for the growing number of partner-establishments.

    On January 13, 2024, I applied and received my Pag-IBIG Loyalty Card Plus at Pag-BIG Fund Ilocos Norte Branch, Robinsons Place Ilocos, San Nicolas, Ilocos Norte. With its enhanced features, cardholder can use to received the proceeds of Pag-IBIG Multi-Purpose Loan (MPL), MP2 Savings dividends, and other benefits.

    Aside from that, you can also use it to withdraw cash in an ATM or as a debit card when you shop and with the EMV chip it ensures that your transactions are always secure.

  • Sterling Bank of Asia Recognized as One of BSP’s 30 Outstanding Institutional Partners

    Manila, Philippines – August 9, 2024 – Sterling Bank of Asia (SBA) has been honored as one of the 30 outstanding institutional partners by the Bangko Sentral ng Pilipinas (BSP). This prestigious recognition was presented during the 2024 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC), held on August 2, 2024, at the BSP’s Manila Head Office.

    In his address at the ceremony, BSP Governor Eli M. Remolona, Jr. highlighted the significance of the awards, stating, “As we bestow our latest set of awards, we recognize that the two decades of OBSAC are evidence of the rare community of partners with which the BSP is blessed. We hope you, our partners, take pride in the role you play in the BSP’s efforts to provide an enabling environment for growth.”

    The OBSAC, launched in 2004, has been a platform for the BSP to acknowledge outstanding partners who actively support its mandates of maintaining price stability, ensuring financial stability, and promoting a safe and efficient payments and settlements system.

    Sterling Bank of Asia was specifically acknowledged for its exceptional performance in sourcing its total currency requirements through the Cash Service Alliance (CSA), achieving the highest percentage among all CSA-participating banks. This accolade underscores SBA’s proactive approach to enhancing operational efficiencies and its unwavering commitment to supporting BSP’s initiatives.

    The bank’s strategic involvement in the Cash Service Alliance program not only ensures a stable and efficient currency supply chain but also contributes significantly to the overall stability and reliability of the Philippine financial system.

    Mr. Cecilio Paul San Pedro, President and CEO of Sterling Bank of Asia, expressed his gratitude for the recognition, saying, “On behalf of Sterling Bank of Asia, I am honored to accept this prestigious award. This recognition underscores our commitment to supporting BSP’s mandate and initiatives on price stability, financial stability, a safe and efficient payment system, and financial inclusion.”

    He added, “We are grateful and dedicated to our mission of excellence. This award reflects the hard work and dedication of the entire Sterling Bank team.”

    In Photo (Left to Right): BSP Governor Eli M. Remolona Jr., SBA Senior Vice President Luisito S. Mayor, SBA President & CEO Cecilio D. San Pedro, SBA First Vice President Joseph T. Sulit, and BSP Deputy Governor for Regional Operations and Advocacy Sector Bernadette Romulo–Puyat at the recognition ceremony for the 2024 Outstanding BSP Stakeholders Appreciation Ceremony (OBSAC) held on August 2 at the BSP’s Manila Head Office.

    This recognition honors SBA’s accomplishments and highlights the bank’s commitment to contributing significantly to the growth and stability of the nation’s financial landscape.

    For more information about Sterling Bank of Asia and its programs, please visit www.sterlingbankasia.com.

  • Loans Can Fuel Business Growth

    Loans Can Fuel Business Growth

    In today’s very competitive market landscape, ease of access to funding may well be one factor that will ensure any growing business’s success. Entrepreneurs need the assurance that they have easy access to financing through banks. This allows them to take advantage ofvopportunities in the marketplace, thereby ensuring business growth.

    As one of the country’s leading thrift banks that provides various business solutions to its clients, Sterling Bank of Asia (SBA) has pledged its support to help small and medium enterprises thrive in the ever-competitive marketplace.

    SBA offers a wide range of business loan products that cater to the different needs of its customers, ranging from startups to established enterprises. Their offerings include term loans, trade check discounting, developmental loans, domestic bills purchase, and more.

    Choosing the right bank financing product is crucial for a business’s success. With the appropriate loan funding, businesses can reach their full potential. Entrepreneurs are encouraged to carefully evaluate their funding requirements and select from the wide array of banking products available to meet their specific goals.

    Sterling Bank of Asia is committed to supporting businesses every step of the way. Their team is always ready and willing to assist clients in finding the perfect financial solution to achieve their business aspirations.

    For those looking to grow their business, explore SBA’s loan products and contact their team today to begin the journey toward success.

    Reference:

    Lariza Garcia