CBI recognized by Home Guaranty Corporation as "Valued Partner in Housing"
CBI President, Brig. Gen. Charles Y. Hotchkiss (Ret.) (right) received the trophy for Cantilan Bank. With him in the photo are HGC President Atty. Manuel R. Sanchez (left) and Corazon G. Corpuz (center) of HGC Corporate Services Group.
Cantilan Bank was recognized by Home Guaranty Corporation (HGC) as its “Valued Partner in Housing” during the 4th HGC Clients’ Appreciation Night held on August 27, 2014 at the Manila Peninsula hotel, Makati City.
State-run HGC supports homeownership among Filipinos by encouraging the banks and other financial institutions to lend to individual home buyers and housing developers. It assures lenders and investors in housing by issuing loan and securitization guarantees.
The clients’ appreciation night was attended by government executives, representatives of the property development sector, bank executives, program beneficiaries and Housing and Urban Development Council chairman Vice President Jejomar Binay.
As a friendly community bank, Cantilan bank desires to further serve the communities by coordinating with different institutions like HGC whose primary goal is to uplift the lives of Filipino families in countryside areas through housing projects.
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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. It has 22 Branches and 15 Micro-banking Offices which are
strategically located across CARAGA and the rest of Eastern Mindanao to reach
the unbanked and underbanked populations of rural Mindanao.
Currently, CBI has P1.7 billion pesos in total assets and
provides financial services through its network of 22 branches, 15
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 3 Outstanding Countryside Financial
Institutions in the country having the lowest pass-on rate 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.
