Cantilan Bank enhances network reach with the opening of its 4irst branch in the Visayas Region

By | March 21, 2013

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.