- Cantilan Bank receives
distinguished partner award
- Cantilan Bank enhances
- Tanya Hotchkiss honored as
global development leader
- 2011's Most Outstanding Rural
Bank in Caraga Region
- Send remittances from HK
- CBI Loan Portfolio grew 22%
- Productive Recruitment and
Hiring in 2012
- CBI embarks on a
- CBI steps up in banking
- New ATM savings account
- SSC savings consciousness
and environmental awareness
- New Building for Alegria Branch
- CBI hosts educational tours
CBI opens 22 MBOs in 2012 and 4 branches in Q1 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).
Like regular branches, MBOs are also compliant to BSP regulations by having adequate manpower, central liability ledger systems, online and real-time core banking system, strong and reliable telecommunication lines, well trained and highly-motivated managerial staff, and a reliable security system.
Of the 22 MBOs approved, three MBOs were relocated and opened namely- Malimono, Surigao del Norte to Tag-anito, Surigao del Norte; Diatagon, Surigao del Sur to Asuncion, Davao del Norte; and Ampayon, Butuan City to Tungao, Butuan City.
On 20 July 2012, the Bangko Sentral ng Pilipinas (BSP) also approved the conversion of four (4) existing MBOs into regular branches and establishment of a new regular branch in the following locations:
1. For conversion to regular branch:
· Dapa, Surigao del Norte
· Lianga, Surigao del Sur
· Lingig, Surigao del Sur
· Gingoog, Misamis Oriental
2. For establishment of a new branch
· Sogod, Southern Leyte
On 04 February 2013, Gingoog was inaugurated as the 15th branch, Lingig and Lianga were also officially opened as regular branches on 08 February 2013, and Sogod, Southern Leyte on 18 March 2013. MBO Dapa will soon be converted into a branch in the 2nd quarter of 2013.
As of March 2013, Cantilan Bank has 18 branches, 19 Micro-Banking Offices, and 3 Other Banking Offices spread out over Caraga with a strategic presence in the Visayas.