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Tuesday, January 10, 2006
Bombo to improve content, continue public service
Despite the lingering economic crisis, the management of Bombo Radyo Philippines is bent on improving its content and in strengthening the execution of the network’s commitment to public service.
The radio network held its annual top level management conference at the Legend Villas in Mandaluyong City last week to conduct a strategic planning session participated in by top executives representing the 43 Bombo Radyo and Star FM stations nationwide.
Difference
Bombo Radyo president and chief executive officer Rogelio Florete assured its listeners that the network is committed to make the people truly feel that no matter how large the company grows, each and every one of them could still make a difference.
The theme of the conference is “Upholding Airwave Supremacy,” which is a testament of the network’s continued dominance in the country and a challenge for the “unparalleled excellence of the network’s driven men and women.”
Meanwhile, the Florete-led thrift bank, Queenbank, increased its capital build- up by P111 million to address a stronger than expected loan demand, especially by its niche market—the small and medium entrepreneurs.
The investment is a step towards the realization of the bank’s vision of becoming the premier provincial-based thrift bank in the country.
Upbeat
Florete said the board’s outlook on the economy is upbeat and the additional capital infusion will ensure sustained growth and market expansion.
Queenbank’s capital to risk asset ratio is at 58.17 percent, higher than the 10 percent requirement set by the Bangko Sentral ng Pilipinas for all banks.
Its authorized capital is P1.2 billion.
As of Nov. 30, its loan portfolio grew by P77.5 million, up 12.21 percent over the same period last year. (From PR)
For Bisaya stories from Cebu. Click here. (January 10, 2006 issue)
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