2012 – CANTILAN BANK, INC.

April 2012 | Student Savers Club (SSC) is a deposit product especially designed for students with the aim of promoting savings discipline among Filipino children.   Several activities and regular granting of incentives and other giveaways are a treat for SSC active depositors.

The first of its kind, SSC held separate parties at seven (7) different CBI branches in Surigao del Sur and Surigao del Norte provinces. Within the last quarter of 2011 and first quarter of 2012, a total of almost 800 SSC depositors with their parents attended the get-together hosted by CBI Branches: Continue reading…

January 2012 | Cantilan Bank, backed with its P1.2B of assets, formally launched its first ATM savings account called MONEYCARD in November 2011.  One month after its launching, it generated 3,000 ATM accounts with a total of P6.5M deposit. Continue reading…

August 28, 2012 | LandBank of the Philippines held its Annual National Convention at the LandBank Plaza, Malate, Manila on August 28, 2012.  During the affair, LBP paid tribute to its outstanding partner countryside financial institutions (CFIs) for their valuable support to the Bank’s various credit programs aimed at promoting countryside development. Continue reading…

March 2012 | Accurate and timely report to decision makers is vital for business to sustain growth and survive in a highly competitive environment. Consolidation of these reports was a challenge faced by Cantilan Bank, Inc. considering the geographical spread of 14 branches, 22 MBOs and 3 OBOs, each reporting to a Corporate Headquarters located on a remote second-class municipality. Further, the bank had also been facing a communication problem for quite a long time. Continue reading…

Innovative banking technology – Cantilan Bank clients may now expect an uninterrupted and efficient banking service under this new pursuit.

Recently, the bank acquired a new core banking software with robust capability in centralizing CBI’s financial reports and transactions.   (The capacity of the new software is best described in another article entitled “CBI Embarks on a Modernization Program.”) Continue reading…

January 2013 | Filipinos in Hongkong can now send their remittances back home conveniently through Cantilan Bank’s  MONEYCARD.

In December 2012, the bank announced its partnership with BHF Northern Remitttance to provide electronic money transfer services to overseas Filipinos in Hongkong. Continue reading…

March 2013 | From January to July 2012, Cantilan Bank, Inc. officially opened the 22 BSP-approved Micro-Banking Offices MBOs). Sometimes described as a mini-branch, an MBO can offer a variety of products and services in addition to the nontransactional banking-related activities performed by the regular Other Banking Offices (OBOs). Continue reading…

March 2012 | The bank’s loan portfolio has always contributed greatly towards growth in earnings. Despite a slight dip from January to February 2012, Cantilan Bank’s loan portfolio enjoyed an increasing trend for the rest of the year. In October, the 2012 year-end target portfolio of Php1.01 billion was achieved, one quarter ahead of schedule. Continue reading…

February 2012 | In line with its effort to offer its services to the towns bordering Surigao del Norte and Agusan del Norte, CBI transferred its Tubod Branch to Alegria, Surigao del Norte.  The new office building of CBI – Alegria was inaugurated last January 28. Branch Head Albino Duero estimated that close to P7M was invested for the opening of CBI – Alegria. Continue reading…

Cantilan Bank has been the object of educational tours of local and international banks due to its successful practice in Mobile Phone Banking Services (MPBS) and its successful implementation of a new core banking software.

Visitors had a personal experience with CBI’s clients who have outstanding performances in MPBS and were likewise briefed on the efficiency of the bank’s new system. Continue reading…