On November 21, 2019, our Philippines branch celebrated 2 years since its foundation. The company was registered with SEC of the Philippines in the end of November 2017, and the first call was made on February 1, 2018. In the beginning, there were just 3 employees in the company. As of today, the company has grown to 120+ employees.
During these two years, all necessary functional departments have been developed for the full-fledged operational process. M.B.A. Consulting Philippines conducts intensive training of every one new employee.
It also develops leadership potential of employees who would like to grow and build their career in the company through MBA Leadership Academy (MBALA). We can say that all managers and supervisors on the floor are the people who came to work as operators and grew up inside the company.
M.B.A. Consulting Philippines currently provides service to 16 clients inside Philippines and 5 foreign companies. Business Development team is constantly working on bringing on board new clients with the best reputation and firm position in the Philippines market. Among them are the largest financial companies of the country. MBAC PH performs agency-based services. On average the company manages 400,000 accounts per month. Moreover, it gained successful track record of purchasing NPL portfolios. One of the main strategic plans for 2020 is an intensive expansion of investment in NPL portfolio purchasing.
“We are negotiating on purchasing NPL accounts and have already made evaluation of several portfolios. So, our plan for the next year is to close more purchasing deals. We give a nice and easy opportunity for financial companies to eliminate the burdensome nonperforming loans and receive quick payment for it. At the same time, we’re expanding our operations, and provide more people with jobs in a modern call center with stable income, and as a bonus, we help them to develop negotiations skills and improve their knowledge of financial products,” – said John Mangalindan, the CEO of MBAC PH.
“We are very active in the Philippines market. In a short period, the company has been able to become self-sufficient and started to show stable positive margins. I am confident that this is the most successful start among the group’s companies,” said Viktor Vodenko, the Global CEO of MBA Consult.