Business

Bank of Florida opens Guagua branch

Charlene A. Cayabyab

A LOCAL bank opened its newest branch in Guagua town over the weekend.

Known for its support to micro, small and medium entrepreneurs (MSMEs), the Bank of Florida (BOF) opened a branch at Plaza Burgos in Guagua town on Friday, September 20.

Teresa David-Carlos, BOF president and chief executive officer, said BOF wants to bring its services closer to MSMEs in Guagua including deposits, withdrawals, and loans.

According to Carlos, they have new services including one-day clearing of checks and money transfer through the Pesonet platform.

Carlos also cited Guagua as one of the well-managed government units in Pampanga in terms of providing opportunities to MSMEs.

Aside from the new Guagua branch, Carlos said they are looking forward to opening more branches in Central Luzon including one in Balanga, Bataan in 2020.

BOF has 16 branches in Pampanga and another two outside the province: one in Capas, Tarlac, and the other in Pulilan, Bulacan.

WHERE’S THE WATER? Water is sparse at the Jaclupan wellfield in Talisay City in this photo provided by the Metropolitan Cebu Water District (MCWD) on Friday, April 26, 2024. Completed in 1998, MCWD’s Jaclupan facility, officially known as the Mananga Phase I Project, catches, impounds and pumps out around 30,000 cubic meters of water per day under normal circumstances. However, on Friday, MCWD spokesperson Minerva Gerodias said the facility’s daily production had plummeted to 8,000 cubic meters per day, or just about a quarter of its normal capacity, as Cebu grapples with the effects of the drought caused by the El Niño phenomenon, which is expected to persist until the end of May. The facility supplies water to consumers in Talisay City and Cebu City. /

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