South East Asia Business Awards 2022

8 APAC / South East Asia Business Awards 2022 , The Asialink Group of Companies (AGC) came to fruition during the establishment of the Asialink Finance Corporation (Asialink) in June 1997. Since then, the company has gone on to achieve great success thanks to a high demand for its services – Asialink now employs several hundred staff members and thousands of independent loan consultants across 80 branches throughout the Philippines. 2003 was a pivotal year for the company as the South Asialink Finance Corporation, a prior division of Asialink, formed to strategically strengthen the group’s presence in the southern areas of Luzon. Furthermore, its creation factored in the provision of specialised loan products, rather than the spectrum provided by Asialink. The company further evolves in 2007 – on the 4th of May, South Asialink was incorporated as its own separate entity. Beginning with seven branches in Batangas, Legazpi, Lipa, Lucena, Naga, Santa Cruz, and Santa Rosa, South Asialink focused on supplying a plethora of products, including doctor’s loans, business loans, microbusiness loans, beneficiary loans, and allottee loans. The South Asialink Finance Corporation is on amission tomake loans and financing accessible to those that need it most. As its executives stem fromprestigious banking backgrounds, the company has first-hand experience withmany of the problems within the Philippines’ banking system, and as a result, it has created a plethora of effective solutions. Indeed, the company is a revolutionary. Vehicle Finance Specialists of the Year – Philippines & Business Resilience Excellence Award 2022 Indeed, the company has grown exponentially since then, and by the end of 2021, it boasted over 37 branches, approximately 300 competitive employees, and over 1,000 independent loan consultants. In addition, its offerings have evolved to collateralised products. Such products focus primarily upon vehicle financing – including, car and truck loans, and secondhand car and truck financing. In 2021, these services drew in a total of 10,386 clients, which was 6.4% higher than 2020’s total. 6,102 of the clients served were new to South Asialink. The company’s statistics show that of these 10,386 customers, an estimated 20% did not possess a bank account in their name, and 10% had previously had their loan or financing applications declined by banks. Moreover, these statistics show that the company possesses a varied clientele. Whilst around 70% of its clients are micro, small, or medium sized enterprises, the industries within which these businesses are based is rather diverse, for example, 34% of its clients stem from the trucking industry. Whereas approximately 10% come from the construction industry, and a further 31% work within trades, 12% are hardware specialists, and the final 13% come from other various industries. The company’s treatment of its customers is entwined with its core values. Six fundamental elements underpin South Asialink’s devotion to client-centricity, in essence, forming the foundations upon which numerous successful company-client relationships have been built. Integrity is one of the company’s primary characteristics, as it is committed to providing honest and transparent dealings with both its clients and its team. Additionally, South Asialink holds itself accountable, is deeply passionate, and prides itself upon its commitment to the customer experience. Simply, South Asialink provides excellence. Subsequently, South Asialink aligns itself with the U.S. Apr22233 SOUTH ASIALINK FINANCE CORPORATION