MANILA, Philippines \u2014 Global Dominion Financing Inc. (Global Dominion) booked P6.8 billion of loans in 2023. This infusion to the Philippine economy mobilized businesses and empowered families to achieve their goals. This growth indicator was highlighted during the company\u2019s 2024 annual stockholders\u2019 meeting, attended by its board of directors, shareholders and senior managers.<\/p>\n
Ruben Lugtu II, Global Dominion Chairman of the Board, opened the meeting with great appreciation to the company\u2019s stakeholders, especially the employees.<\/p>\n
\u201cI believe we wer e able to achieve all these because of the values and the attitude our leaders, management team and employees brought to bear,\u201d Lugtu said. Global Dominion employees grew to more than 1,000 in count when 2023 ended.<\/p>\n
\u201cI invite everyone to carry these values, the good attitude, and mental fortitude in discharging our duties,\u201d Lugtu added as he closed his speech, referring to the organization\u2019s core values integrity, excellence, innovation, care, fun and grit.<\/p>\n
The organization also boasted more of its performance numbers from its consolidated financial statement, including its 19% net income growth, 7% return-on-assets, and 0.89% non-performing loans ratio.<\/p>\n
Global Dominion vice chairman and CEO Robert Jordan Jr. said that 2023 was \u201cno easy feat,\u201d but it was successfully jou rneyed by the team through \u201cstrategic investments, innovative solutions, and relentless focus on quality.\u201d<\/p>\n
Jordan added that they \u201cwill continue to ignite and accelerate growth in people and organizations\u201d as it continues with its expansion plans through 2024.<\/p>\n
Lugtu and Jordan started Global Dominion in 2003 with the intention of helping the underbanked small and medium enterprises (SMEs) in the country. Years later, they have proven how a purpose can drive a business to success, with the virtue of shared prosperity and desire for nation-building.<\/p>\n
During the meeting, the board approved the report of the company\u2019s president and managing director, Patricia Poco-Palacios. She highlighted the team\u2019s growth and development among its people, processes, and platforms. More than 100 employees were promoted while attrition rate was maintained at 2.84%.<\/p>\n
Recruitment continues through 2024 when more branches are expected to be opened. A more efficient and secure financing is expected this year from the company, given its additional investment in new systems and technologies in 2023, particularly in line with infrastructure and security.<\/p>\n
Customer experience and reach have also been improved through enhanced inquiries management and establishment of additional channels were Filipinos can learn more about Global Dominion products and services, including kiosks in malls in the metro.<\/p>\n
Palacios also recalled the Dalawampung Kwento event, the company\u2019s 20th anniversary celebration, the on boarding of the brand amb assadors James Deakin and Ogie Alcasid, and the collaborations with universities and the media for financial literacy events and speaking engagements. She also praised the company\u2019s finance team for robust fund raising and reporting.<\/p>\n
Global Dominion has been one of the leading financial services providers in the Philippines since 2003, catering to those in need of car\/truck financing and car\/truck refinancing, and now even real estate mortgaged loan and real estate financing.<\/p>\n
For more information, visit gdfi.com.ph.<\/p>\n
Editor’s Note: This press release is sponsored by Global Dominion. It is published by the Advertising Content Team that is independent of our Editorial newsroom.\u00a0<\/p>\n
MANILA, Philippines \u2013 The qualifiers for this year\u2019s edition of the All Out Games (AOG) have commenced.\u00a0<\/p>\n
The ongoing qualifier workouts are\u00a0the initial phase of the competition season.\u00a0<\/p>\n
\u201cDuring this qualifying phase, athletes compete to achieve the best possible performance scores. Based on their performances, only a select number of athletes will advance to the final stages of the competition,\u201d the AOG said in a statement.<\/p>\n
\u201cThe event is designed to be beginner-friendly, encouraging newcomers to participate in a functional fitness competition,\u201d it added.\u00a0<\/p>\n
The qualifier workout is composed of three parts of exercises to be performed in 20 minutes.<\/p>\n
The competition proper will be held on September 21 to 22 of this year. Like last year, it will be held at the Filinvest Tent. Invitations will be released on June 15th.\u00a0<\/p>\n
For the AOG, there will be two categories \u2014 individual and teams of three.\u00a0<\/p>\n
The individual category will have several divisions \u2014 chill out, sweat out, master\u2019s sweat out, master\u2019s all out and all out. For the teams of three, there will be three divisions \u2014 chill out, sweat out and all out.\u00a0<\/p>\n
The games will be held in partnership with the Hidilyn Diaz Weightlifting Academy.\u00a0<\/p>\n
Last year\u2019s competition was a success with a total of 428 individuals taking part.<\/p>\n","protected":false},"excerpt":{"rendered":"
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