Our Company

Radiowealth Finance Company, Inc. is a finance company whose primary purpose is to engage in consumer and retail lending by providing accessible credit to livelihood projects and to the micro-enterprise sector. It ranks among the top 10 financing companies in the Philippines in terms of both total assets and net income.

It has 65 branches strategically located nationwide covering a total of 978 cities and municipalities. It has also served over 100 thousand Filipino OFWs in Hong Kong through its subsidiary RFC-HONGKONG, LTD. Since 1993.

Incorporated in May, 1964, it presently has a certificate of authority to operate as a finance company from the Securities and Exchange Commission granted on March 25, 1996.

Since its inception, Radiowealth Finance Company, Inc. has established an extensive and gainful presence in the market. It is an industry leader in terms of collection efficiency on receivables. Its 82% average collection efficiency (with some branches attaining 98%) attained through sound and responsive credit management and its aggressive marketing efforts continue to propel the company's advancement. Its low delinquency ratio (non-performing loans ratio) of 6.8% of loan portfolio vis a vis the banking and financing industry average of 7.8% is a tribute to management expertise built around years of experience in the industry.

Its thrust at micro-lending is exemplified by its average loan size of Pesos 89,000 to more than 14,000 borrowers.

In 1995, a corporate restructuring came into effect wherein the Guevara family, being the majority shareholders of Radiowealth Finance Company, Inc., then listed with the Philippine Stock Exchange, opted to sell the said listing of the company with the provision however that the corporate name would be retained by the Guevara family. Its track record in the business industry as Radiowealth Finance Company, Inc. remained unaltered as financing activities continued and expanded.

Radiowealth Finance Company, Inc. is a member of the Guevent Group of Companies (GGC) which is the consummation of a single man's pioneering life work, that of the visionary Domingo M. Guevara. To date, majority and controlling ownership of Radiowealth Finance Company, Inc. is held by the Guevara family and affiliate/member companies.

Our Guiding Principles
  1. Faith in GOD
  2. Excellence
  3. Customer Satisfaction
  4. Partnership
  5. People Orientation
  6. Quality Service
  7. Dedication
  8. Cooperation
  9. Creativeness
  10. Open-Mindedness
Our Values
  1. Bayanihan
  2. Malasakit
  3. Fairness
  4. Truth
  5. Respect for the Individual
Mission Statement

“To deliver financial services attuned to market needs, attain growth through market coverage expansion and new product development, provide a fair return for our customers’ patronage, and to sustain satisfying and challenging work opportunities for our employees to achieve and bridge both personal and company goals.”

Vision Statement

“To be one of the top 5 finance company in the Philippines by 2010.”

Strategy

Improve the growth prospect for the next 5 years through:

  • identification and implementation of additional service(s) to offer.
  • development of the channel network to the customers.
  • launching of a program to establish brand identity.

Method

And enhancing the company

  • Information Technology
  • Human Resource Development
  • Organizational Capability

 

To ENABLE this strategy.

Online

Developed by: MIS Department