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Billease Injects Capital to Support Digital Bank Expansion
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Billease Injects Capital to Support Digital Bank Expansion
Digital lender Billease has injected ₱500 million in fresh capital into its banking subsidiary, the Rural Bank of Sta. Maria–Ilocos Sur (RBSM), as it accelerates plans to launch banking services and expand beyond consumer lending. The company said it has committed an additional ₱500 million by the end of the year, bringing the total capital infusion to ₱1 billion and raising the bank's capitalization to more than ₱1 billion. The investment marks…
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