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Consumer Finance

AIB’s listed subsidiary Makati Finance Corporation (“MFC”) was established in 1966. It is one of the member consumer finance companies of the Philippine Finance Association. MFC’s product lines include: Rx Cashline (loans to medical professionals), MFC Factors (receivables factoring services), and MC Financing (loans to motorcycle buyers).

MFC positioned itself as a player in high yielding niche markets in order to serve the financing needs of the often neglected middle markets in the Philippines. In 2003, MFC completed a successful initial public offering in the Philippine Stock Exchange.

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