Cantilan Bank Wins "Paeng" Microfinance Award
Cantilan Bank was honored by the Rafael Buenaventura Microfinance Center Foundation Inc. on November 27, 2013 for being one of the five most outstanding microfinance institutions and for having the best micro-deposit product for students and CCT beneficiaries in the country particularly in remote areas where microfinance services are mostly needed.
Out of the many entries submitted to the Rafael Buenaventura Microfinance Foundation, CBI was found to be deserving of the award according to their set criteria.
The first ever “Paeng” awards aim to recognize the achievements made by the outstanding microfinance institutions and at the same time to honor the late BSP governor, Rafael B. Buenaventura who made a huge impact in the positive transformation of MFIs here in the country.
The “Paeng” award for CBI was received by Executive Vice President Brig. Gen. Charles Y. Hotchkiss (Ret.) and Office of Strategic Management head Ms. Tanya P. Hotchkiss during the awarding ceremony held at BSP Complex, Roxas Boulevard, Manila.
About Cantilan Bank
Founded in 1980, Cantilan Bank, Inc. (CBI) is one of the leading community banks in the country with Corporate Headquarters in Cantilan, Surigao del Sur. Currently, CBI has P1.5 billion pesos in total assets and provides financial services through its network of 19 branches, 18 micro-banking offices, and 14 ATMs that are strategically located across Caraga, Compostella Valley, Davao del Norte, Davao Oriental and Southern Leyte.
Cantilan Bank was recently awarded by Landbank of the Philippines as one of the Top 5 Outstanding Countryside Financial Institutions in the country and by the BIR as the number one corporate taxpayer in Surigao del Sur. Its microsavings product for students was also recognized as the best in the country by the Rafael B. Buenaventura Foundation. For more information on your friendly community bank, visit www.cantilanbank.com.