Global Dominion Financing, Inc. was named as the Fastest Growing Auto Finance Company by the International Finance Awards 2022.
International Finance Awards recognizes industry talent, leadership skills, industry net worth, and capability on an international platform. The winners are awarded on the strength of their credentials and past accomplishments.
The criteria include path-breaking initiatives in corporate social responsibility or charitable activities, corporate governance, and activities that benefit the global finance community, in addition to outstanding performance in their respective fields.
The title was awarded to Global Dominion Financing, Inc. due to its unwavering commitment to empowering Filipinos to achieve their goals through easy and innovative loan products that cater to diverse needs, offering affordable solutions and convenient payment options. The company’s focus on collateralized products, focusing on vehicle financing comprises about 85% of its business. Global Dominion Financing, Inc. prides itself on their fast processing of loans that are done within 24 hours at 70 strategically located branches nationwide.
“We thank International Finance for this recognition, the Fastest Growing Auto Finance Company in 2022. I am personally grateful to our team members who have consistently demonstrated outstanding performance and commitment to our purpose. And, of course, we thank our customers and partners for their continued support. Our success would not have been possible without their trust,” said Patricia Poco-Palacios, Global Dominion Financing, Inc. President & COO.
“The auto finance industry has been growing and is evolving faster globally, so we are very humbled to know that Filipinos’ trust to Global Dominion when it comes to auto financing is continuously growing strong. We will pay it forward by further improving our service speed while keeping our processes simpler. We endeavor to be of service to more Filipinos and adapt to what they need, be it hybrid cars, more SUVs, or even trucks for their businesses,” said Robert B. Jordan Jr., Global Dominion Financing Vice Chairman and CEO.
“This recognition is a testament to our hard work and a reflection of the trust and support we have received from our valued customers. We express our heartfelt gratitude for their unwavering loyalty. Their trust in Global Dominion Financing has played a pivotal role in our growth, and we are committed to continually exceeding their expectations,” said Ruben Y. Lugtu II, Global Dominion Financing Chairman of the Board. “On behalf of Global Dominion Financing, I extend my appreciation not only to our diligent employees, whose commitment drives our success, but also to our esteemed partners who have been instrumental in our journey,” Lugtu added.
In 2022, Global Dominion loans portfolio grew to P6.8 billion—a significant 45%-growth. Revenues grew to ₱2.051 billion, posting a 70% growth (from 2021 to 2022), while net income grew by 43% to ₱465.4 million (from 2021 to 2022).
Global Dominion Financing, Inc.’s Car Financing (brand new and second-hand) makes it easier for ka-partners to get their dream car or trucks (for business owners) with convenient processing methods, easy repayment terms, and low interest rates. It has the best loan and financing offers with the most competitive features in the country. known for providing refinancing also known as car collateral loan or sangla OR/CR, both online and through its 84 branches located nationwide.
To inquire, go to https://gdfi.com.ph/ and fill out a form, and a loan officer will get back to you within 24 hours.