CBI Stockholders' Meeting 2014
CBI Main office- Stockholders of Cantilan Bank, Inc. together with the bank’s Board of Directors headed by the Chairman, Lt. Gen. William K. Hotchkiss III (Ret.), gathered once again on March 29, 2014 for the annual Stockholders’ meeting.
The meeting’s highlight was the Chairman’s report wherein CBI’s 2013 performance was discussed and its growth in terms of its assets, loans, and deposits were presented. The Chairman also cited the financial inclusion services offered by the bank to the 4Ps and CCT beneficiaries that made CBI a recipient of several awards and citations.
Lt. Gen. Hotchkiss proudly shared to the audience the recognition received by CBI from Bangko Sentral ng Pilipinas for having a CAMELS (Capital, Asset Quality, Management, Earnings, Liquidity and Sensitivity to Market Risks) rating of 4 out of 5.
He also presented the new products and services being offered by the bank such as Value Chain loan product, My HoUSE (Home Upgrade for Savings and Empowerment) deposit product, and NSO Documents Processing services which all have significance to the community.
“The back-to-back achievements of Cantilan Bank come from a good plan and teamwork between CBI employees and the top management”, said Lt. Gen. William K. Hotchkiss III (Ret.) in his speech.
The stockholders’ meeting is held annually as part of the bank’s function of informing its stockholders on performance updates and growth prospects.