One of the most dynamic rural banks in the Philippines, Cebuana Lhuillier Bank, provides credit and savings accounts to individuals, micro, small and medium enterprises to grow their personal or business finances. With more than half of the Philippines’ 113 million population living in rural areas, banks such as Cebuana Lhuillier Bank play a crucial role in serving the financial needs of those residing in remote and underserved areas of the country. To modernize its core banking platform, Cebuana Lhuillier Bank selected Temenos to give flexibility and agility to manage customer accounts and transactions with greatly improved performance and efficiency and to offer personalized products faster and at a lower cost. With Temenos’ core banking platform, the bank can introduce affordable new lending products, such as motorcycle loans, to attract new customers while also growing sustainably.

Financial Inclusion - Tourist looking for directions

“Cebuana Lhuillier’s commitment to financial inclusion remains steadfast. In a nation where access to reliable financial services is paramount, this collaboration strengthens our resolve to provide better services, products, and opportunities for Filipinos to create meaningful change.”

Jean Henri Lhuillier, Vice Chairman at Cebuana Lhuillier Bank

As a regulated financial institution, supervised by Bangko Sentral ng Pilipinas, the Temenos solution assists Cebuana Lhuillier Bank to adapt more easily to changing market conditions and local regulatory requirements. The solution will be implemented by Temenos’ delivery partner, Orion Innovation which specializes in delivering full-service implementation & integration capabilities in core banking, payments and digital banking solutions to Temenos clients across the globe. While Cebuana Lhuillier Bank will initially deploy the Temenos solution in its on-premise datacenter, the cloud-native solution gives the bank the flexibility to easily migrate to the cloud in the future.

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“The financial industry is continuously evolving due to rapid technological advancements. Our clients’ needs are changing, and it is our responsibility to not only meet but exceed those expectations. This alliance marks as a testament to our commitment to embrace innovation and redefine the banking experience for our valued customers.”

Dennis Valdes, President at Cebuana Lhuillier Bank