Synchrony Financial officially opens in Cebu

Synchrony Financial, a US-based business process outsourcing (BPO) firm, recently opened a new office in Cebu at the Ayala Center Cebu Tower in Cebu Business Park. Synchrony Financial, headquartered in Stamford, Connecticut, specializes in consumer financial services. It first entered the Philippines in 2006 and in Cebu last September. Wawee Langit, site leader, said the company considers Cebu a key site outside Manila with a promising workforce. Many employees in Synchrony’s Manila office are from Cebu, she added. The company provides a range of credit products through programs linked with national and regional retailers, local merchants, manufacturers, buying groups, healthcare services providers among others.