Miguel Alfonzo L. Vinarao - Multibank Philippines

13 July 2021

Tell us a little bit about MBFX Philippines.

MultiBank Philippines is basically the Foreign Exchange and CFD brokerage arm of Multibank Group strategically located at the Central Business District of the Philippines. We aim on opening the opportunities presented by investing in the Foreign Exchange Market to the Filipinos and envision everyone achieving their goals of financial freedom.

What problem is MBFX Philippines solving?

We are trying to solve how we can penetrate the untapped Philippine Forex market. Also, we intend on changing everyone’s perspective of what entering the Foreign Exchange means and to bring the comfort of security to their investments.

What is unique about your business?

We are offering a form of business to all our clients with unlimited earning possibilities, where they are not required to invest in overhead costs. All we do is completely mobile and digital. The client just needs to have is a smartphone and internet to take advantage of our product. And, should anyone encounter any bumps along the way, we have Filipino hospitality who is ready to assist and help you through the situation.

What has been the biggest benefit you have experienced because of working with Servcorp?

The convenience of having everything you need to run your business all in one place. We have also reduced our costs with furniture, fittings, etc. Also, the address we get when we partnered with Servcorp is great. We really love being with Servcorp.

How did you hear about Servcorp?

I actually had a Real Estate Broker look us up a great spot in BGC and ServCorp was the first place he has presented to me. It was really love at first sight during our first site visit.

If you had one piece of advice to someone just starting out, what would it be??

As we are also just starting up here in the Philippines, always remember that we may be doing small steps but we are a step closer to achieving our goal. Be patient.

If MBFX could achieve just one goal in the next 12 months, what would it be?

Is to become the company/group that is synonymous with the word Security and Free.

What advice would you give to the next generation of leaders?

Choose the person, not because of the achievements he/she made before, but of what he/she can still create and do for your company.

Who are the leaders that inspire you and why?

My Mom has always been the leader I have always look up to. When she passed, I saw all the lives she touched when they paid their tribute to her. Also, I will never be who I am without her.

What is one way that operating business today is the same as 15 years ago, and one way it’s different?

-Operating a business needs the right people in the right situation in order for the entire company to function and grow. So that one way is to choose the right people and work as a team.