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Makati Finance Corporation

Company Description
Makati Finance Corporation (MFIN) was incorporated on February 17, 1966 as Makati Investment & Finance Corporation. MFIN’s commercial operations started with engaging in stock dealership functions, credit line extensions, and acceptance of private placements. In mid-2000, MFIN formed a new management team which, after thorough analysis of its operations, decided to drop its less profitable product lines. MFIN decided to focus on three main loan products, namely, consumer loans to medical professionals, corporate loan via factoring of receivables, and secured business loans. Under the new management, the Company focused on the growth of its loan portfolio to take advantage of the improving Philippine economy.

MFIN’s business operations involve sales and marketing, evaluation and approval of loan applications, and collection of loan accounts. The Company has three main operating units that represent each main business line. These are Rx Cashline group, which involves loans especially tailored to medical professionals; MFC Factors group, which is responsible for running the receivables factoring business of small and medium enterprises; and Motorcycle Financing group, which is tasked with sales and promotion, credit application, investigation, evaluation, recommendation, and collection for the motorcycle financing business of the Company.

Source: SEC Form 17-A (2018)
Security Information
Sector Small, Medium & Emerging Board
Subsector Small, Medium & Emerging Board
Corporate Life 0
Incorporation Date Feb 23, 1966
Number of Directors 11
Stockholders' Meeting as per By-Laws June - first Thursday
Fiscal Year 12/31 (Month/Day)
External Auditor BDO Roxas Cruz Tagle and Co.
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 3/F, Mazda Makati Building, 2301 Chino Roces Avenue, Brgy. Magallanes, Makati City 1231
E-mail Address
Telephone Number (00632) 7751-8132
Fax Number 899-4121