Sterling Bank of Asia (SBA) and Rafeli Realty and Development Corp. (RRDC) pose after the Memorandum of Agreement signing in Makati City. In photo (L-R standing and seated): SBA AVP Myla Basa, SBA Accounting Office Joyce Denum, SBA SVP Candice Quianzon, RRDC Finance and Loan Officer Ralph Kristian Hernandez, RRDC President and CEO Rafael Hernandez, RRDC Corporate Secretary Karen Dalino and RRDC Chief Financial Officer Elaine Gardiner.

Sterling Bank of Asia (SBA) and Rafeli Realty and Development Corp. (RRDC) are delighted to announce the signing of a Memorandum of Agreement (MOA) aimed at fostering strategic collaboration in the real estate sector. The signing ceremony, a significant event, took place on September 12, 2024, in Makati City and was graced by key executives from both organizations, including SBA's Senior Vice President Candice Quianzon and RRDC's President and CEO Rafael Hernandez.

The MOA, a testament to the expertise of Sterling Bank of Asia in finance and Rafeli Realty's prowess in innovative development, outlines a partnership to enhance real estate buyers' access to financing options and promote sustainable development initiatives across various projects.

"We are excited to partner with Rafeli Realty and Development Corp.," said Candice Quianzon, Senior Vice President of Sterling Bank of Asia. "This agreement not only strengthens our commitment to providing exceptional financial services but also supports the growth of the real estate market in our region."

The MOA covers various areas, including financing programs for homebuyers, joint marketing efforts, and collaborative projects that align with sustainable development goals. Both companies are optimistic that this partnership will contribute to the real estate industry's advancement and provide significant customer benefits, such as more accessible financing options and a more comprehensive range of innovative development projects.