“Nowhere has innovation effectively reached the traditionally excluded than at Cantilan Rural Bank.”
In the national scheme of the Bangko Sentral ng Pilipinas (BSP)’s roadmap for Financial Inclusion, Cantilan Bank has consistently become a key leader in instigating financial inclusion strategies and effecting digital transformations that echo across the rural communities it serves. It goes without saying that at the heart of these transformations is Cantilan Bank’s mission of providing sustainable and reliable financial opportunities for the underserved areas of the country, while simultaneously spreading its capacity to serve clients across the globe. With ‘Cloud-based Banking’ as one of its pioneering and recently launched fintech programs in 2019, Cantilan Bank, through the grant of the Asian Development Bank (ADB), the regulatory support of BSP, and the technological partnership with Oradian, provided the Philippines with that giant leap towards Financial Inclusion that is effectively disruptive, as well as robustly secure and accessible. It goes without saying that the BSP has always been an essential partner and enabling supporter of CANBNK’s innovative success, and with the late Gov. Nestor “Nesting” A. Espenilla’s patriotic advocacy of uplifting the sector through the grassroots movement, CANBNK, alongside other rural banks, have had measurable success in elevating the countryside communities. While Cantilan Bank remains vigilant of the current pandemic’s risks and threats, it remains active in its duty to provide increased opportunities for its customers and to formulate ways of extending its digital reach, so that it can continue to support the livelihoods of those who need it the most.
Click this link to read the full publication: https://bit.ly/3bytFLr Refer to pages 81-84, 97, and 103 to see Cantilan Bank’s featured stories and snippets:
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