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Billease targets P150-B loan book after rural bank purchase - BusinessWorld Online
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Billease targets P150-B loan book after rural bank purchase - BusinessWorld Online
BUY NOW, Pay Later (BNPL) platform Billease seeks to boost its loan book to P150 billion after acquiring Rural Bank of Sta. Maria-Ilocos Sur (RBSM), executives said on Thursday. “On the lending side, this year will end somewhere around P10 billion plus,” Billease co-founder and Chief Executive Officer Georg Streiger said in a speech on Thursday. “Next year, [it will] probably be around P15 billion, and P20 billion the year after.” If the bank be…
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