Cantilan, Surigao del Sur (March 21, 2013)– Cantilan Bank, Inc., the leading rural bank in the Caraga region, opened its 18th full-‐service
branch in Sogod, Southern Leyte to cater to its fast-‐growing business and residential clientele. The new branch located on Osmeña Street was inaugurated on Monday, March 18, 2013.
“Sogod is the logical Kirst step in the bank’s expansion in the Visayas region considering its dynamic commercial activity and fast-‐growing
economy,” said Raul Urbiztondo, CBI General Manager. “I am extremely positive with this latest development.” Sogod is strategically located at a crossroads between Visayas and Mindanao and CBI views its presence in this municipality a key component in its strategic expansion and entry into a new market place.
At the inaugural ceremony, CBI Executive VP and Acting President, Brig. Gen. Charles Y. Hotchkiss, said, “As a community bank, we endeavor to provide a more inclusive Kinancial system by reaching out to people in remote areas and providing access to Kinancial services including Kinancial education for the under-‐banked and unbanked segments of society.”
“Our company’s mission,” he further stressed, “which is that of providing banking and countryside development services, will deKinitely create a positive impact in the economy and the livelihood of the communities where we operate.”
The new Cantilan Bank branch in Sogod, the bank’s Kirst in the Visayas, is managed by Frederick Ong who most recently served Cantilan Bank’s customers out of the Alegria, Surigao del Norte ofKice. This full-‐service branch will offer a comprehensive selection of Kinancial solutions which have been tailored for both individual and business customers to meet their banking requirements that match their budgets and Kinancial goals. Cantilan Bank’s full range of rural banking services including loans, deposit products, savings and checking accounts, and microKinance will be backed by a team of professionals with excellent customer service.
Customers of Cantilan Bank can visit the new branch from Monday to Friday, 8:00 a.m. to 3:00 p.m.
About Cantilan Bank
Cantilan Bank, Inc. was established in 1980 and is presently considered as one of the top rural banks in the country with total resources of P1.46B. For two years in a row, CBI was a recipient of the Landbank awards for Most Outstanding Rural Bank in Caraga and the country’s Second Most Outstanding Rural Bank. For more information on Cantilan Bank, visit www.cantilanbank.com.