For its initiatives to promote financial inclusion among Filipinos, Maybank Philippines Inc. (MPI) was recently conferred the “Most Innovative Digital Bank in the Philippines” at the International Finance Awards 2022, joining a select circle of international winners in the banking sector.

The annual International Finance Awards recognizes industry talent, leadership skills, industry net worth, and capability on an international platform.

After careful consideration of nominations, the winners were declared on the strength of their applications and accomplishments.

Maybank’s focus area. IMAGE CREDIT: Maybank

According to MPI, the award is a demonstration of the bank’s hard work, perseverance, dedication, and commitment to innovation. It is also an acknowledgment of its work of humanizing financial services.

“Maybank Philippines is proud and honored with the recognition, Most Innovative Digital Bank by the International Finance Awards 2022. Being the largest foreign bank in the Philippines, this award is an acknowledgment of our mission of humanizing financial services for our customers and the communities that we serve,” said Abigail Tina del Rosario, President and Chief Executive Officer of Maybank Philippines, in her acceptance speech.

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IMAGE CREDIT: Maybank

“This award is also an affirmation of the passion and commitment of our staff in leading the way with digitalization while meeting consumer needs and mitigating risks for a secure future and a more connected world, as we help steer the great recovery,” del Rosario added.

MPI’s digital products offer a seamless and more convenient customer experience

One of the digital innovations launched successfully by MPI is iSAVE, an all-digital savings account that customers — even new-to-bank clients — can fully open from a mobile phone or tablet, without going to the branch.

All forms and documentary requirements needed may be submitted via the Maybank2U PH App.

In addition, iSAVE requires no initial deposit and zero maintaining balance to open, but it allows you to earn interest on additional deposits maintained. Furthermore, the digital savings account comes with an EMV-enabled debit card, thereby making funds withdrawal convenient, secure, and accessible anytime, anywhere.

This month, Maybank Philippines is also set to launch a new digital account product that will be made available at a leading digital platform. The new product is also touted to offer a more seamless and convenient experience to customers.

Maybank Philippines is a member of Malaysia’s largest banking group by assets and a leading regional financial services provider with an international network of over 2,626 retail and 51 investment banking branches in 18 countries.

In the Philippines, Maybank currently maintains a “phygital” proposition, which combines physical accessibility through its network of more than 60 branches and over 90 ATMs nationwide.

By Ralph Fajardo

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