RESIDENTS and business owners in Camiguin Island no longer need to travel long hours just to do their banking activities in Cagayan de Oro as BDO Network Bank (BDONB), the community bank of BDO Unibank, recently opened a branch in the municipality of Mambajao to serve them the financial solutions appropriate to their needs.
A combination of first-time bank clients and business owners opened their account during the branch’s formal opening recently.
Mambajao Mayor Yñigo Jesus D. Romualdo said the presence of BDO Network Bank in the island’s main economic hub is a big boost for the continuous development of its local economy. Mambajao is the largest of the five municipalities of Camiguin Island, which is among the country’s top tourist destinations.
For his part, Camiguin Governor Xavier Jesus D. Romualdo hopes that the BDO Network Bank branch in Mambajao will just be one of the several branches the Bank will put up in the island. “We would like to thank BDO for coming here to Camiguin. This is a big boost for us because it validates that we are on the right track. We are looking forward to the strong engagement of BDO Network Bank with the communities here,” he said.
The newest BDO Network Bank branch is one of the 55 branches the Bank is planning to open nationwide before the end of 2022. Part of its goal is to reach and give the farmers, fisherfolk, and micro businesses, the opportunity to improve their lives and grow their businesses.
