THE Embassy of Hungary has invited Rizal Commercial Banking Corporation to join the Philippine-Hungary Business Council as a pioneering member following a significant meeting with Hungary's Minister of Foreign Affairs and Trade Péter Szijjarto, Deputy Minister Katalin Bihari, and Ambassador to the Philippines Titanilla Tóth.
is actively investing in international partnerships to provide digital banking services to Filipinos working abroad.The bank aims to sustain and enhance its successful financial inclusion and literacy campaign by expanding beyond the Philippine market. Rizal Commercial Banking Corporation Executive Vice President and Chief Innovations and Inclusion Officer Lito Villanueva leads the bank in joining the Philippine-Hungary Business Council as a pioneering member.
Executive Vice President and Chief Innovations and Inclusion Officer Lito Villanueva said that the bank's membership is among its latest strategic collaborations to elevate the accessibility and quality of banking services for Filipinos nationwide and globally. Last year, signed a digital collaboration agreement with a Hungary-based fintech company to introduce digital remittance to Filipinos working in Hungary.This initiative was one of the highlights during the 50th anniversary celebration of the Philippines-Hungary diplomatic relations. He added that the bank is excited to explore more collaborations and learn from Hungarian fintech and banking institutions about their success stories in digital finance.
is passionate about connecting Filipinos to the world, and vice-versa. Our eyes are set on the world where many Filipinos reside outside the motherland yet desperately need accessible financial services. Financial Inclusion means engaging Filipinos anytime and anywhere. As we embark on this new chapter of our global presence, we hope to make banking easier and life-enabling for Filipinos abroad,' Villanueva said.
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