Saturday, July 28, 2007
ONB to open more Mindanao branches
By Joy Romares-Sevilla
AN OFFICIAL of the One Network Bank (ONB) recently revealed that they will open five more branches in Mindanao this year.
Christine Murillo, communication officer of the ONB, said these branches will be set up in Malaybalay City in Bukidnon, Maranding, Lala in Lanao del Norte, Kabasalan in Zamboanga Sibugay, Antipas in North Cotabato, and in Lagao, General Santos City.
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"The existing branches of ONB in Mindanao are 65, with the five newly approved branches to be put up, this will elevate the number of our branches to 70," Murillo told Sun.Star.
The continued expansion keeps ONB as the widest private banking network in Mindanao.
In a statement, ONB President Alex Buenaventura said with ONB's core values at hand, the bank is proud to be the rural banking industry's biggest employer, with a workforce of 768 by year-end of 2006.
ONB was also declared number one in net worth in the rural banking industry for the year 2006 by the Philippine deposit Insurance Corporation (PDIC).
Murillo also said the total number of Automated Teller Machines (ATMs) of ONB now reached to 60 units.
For foreign remittance business, ONB ATMs have tie-ups with MoneyGram, iRemit, UniTeller, BDO Remit, EPCIB-Xoom, PNB, DBP, RCBC Telemoney, and the AUG Gintong Hatid.
The bank ahs recently inaugurated its Sasa head office on Km. 9 in Sasa, Davao City.
The ONB head office has a bigger, attractive office space, and up-to-date facilities which include the PeraAgad Automated Teller Machine (ATM).
Murillo said the event was attended by Central Bank Governor Amando Tetangco Jr., Elma Tetangco, and Lucy Consunji who spearheaded the ribbon cutting ceremonies.
Distinguished guests both from private and government sectors as well as valued clients also came to witness the event, headed by the bank's chair Victor Consunji, president Alex Buenaventura, and vice chairman Antonio Avelino.For more Philippine news, visit Sun.Star Zamboanga. (July 28, 2007 issue)
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