Cathay United Bank Manila Branch Reopens with New Location and Community Spirit
Taipei (ANTARA/PRNewswire) – Cathay United Bank’s Manila Branch, established in 2015, has recently celebrated its grand reopening at a new location in the Zuellig Building, situated in Makati’s Central Business District, the heart of the Philippines’ primary financial hub. This relocation marks a significant milestone for the Branch, as it aims to better serve its customers and strengthen its commitment to the local community.
Grand Opening Event and Donation Ceremony
The grand opening event, held on November 19, was a momentous occasion attended by key figures such as Dustin Yang, Deputy Representative of the Taipei Economic and Cultural Office (TECO) in the Philippines, Aldrin Q. Javier, Director of the Central Bank of the Philippines (BSP), and Benny Miao, Executive Vice President of Cathay United Bank. The event also saw the participation of representatives from the financial industry and local businesses, highlighting the Branch’s strong ties within the community.
In addition to the grand opening, the Branch organized a donation ceremony in collaboration with the Taiwan Fund for Children and Families (TFCF) Philippines Branch Office. The ceremony aimed to provide essential supplies to underprivileged Filipino teenagers, including guitars, shoes, and other necessities. Furthermore, the event featured a captivating musical performance by 23 teenagers from the TFCF’s Youth Start-Up Program, showcasing the Branch’s dedication to youth empowerment and community support.
Vision for the Future and Commitment to Sustainability
Executive Vice President Benny Miao shared his vision for the Manila Branch, emphasizing the Bank’s commitment to providing innovative financial services with a customer-centric approach. He stated, “Since entering the Philippine market in 2015, Cathay United Bank has strived to provide convenient and innovative one-stop financial services. With this relocation and comprehensive upgrade, we aspire to achieve sustainable finance by launching new and high-quality financial services.”
Bryant Cheng, Head of the Manila Branch, echoed this sentiment by highlighting the Branch’s dedication to social and environmental causes. He emphasized the importance of youth empowerment and expressed the Branch’s commitment to making a positive impact on Philippine society through various initiatives.
Collaboration for Sustainable Development
Looking ahead, Cathay United Bank remains dedicated to aligning with Cathay Financial Holding’s sustainability goals and driving sustainable development in Southeast Asia. In a groundbreaking collaboration with the Villar Group, a Philippine conglomerate, the Manila Branch launched the Philippine financial market’s first sustainability-linked loan in 2022. This achievement was recognized with The International Business Awards in 2023, solidifying the Bank’s commitment to sustainable finance and ESG-related initiatives.
By leveraging its financial influence effectively, Cathay United Bank aims to support businesses in addressing the needs of both local and global markets while reinforcing its dedication to sustainable finance. Through ongoing efforts and partnerships, the Bank continues to make a meaningful impact on the community and contribute to the advancement of sustainable development in the region.
This rewritten article provides a comprehensive overview of Cathay United Bank’s Manila Branch reopening, emphasizing its commitment to community engagement, sustainability, and youth empowerment. The narrative unfolds seamlessly, capturing the essence of the event and highlighting the Bank’s vision for the future.
