Rang-Ay Bank’s 21st branch is now open for business

Rang-Ay Bank's 21st Branch

​A fast growing bank, the Rang-ay Bank formally opened its 21st banking office last February 27, 2012 located at the heart of the municipality of Bangar, La Union. 

The ceremonial ribbon cutting was led by the town Mayor Joy Pinzon-Merin, with former PRC Board of Dentistry Chairman Dr. Rosita Canlas-Nisce. Rev. Fr. Gregorio Q. Nillo, Parish Priest of St. Christopher Church, officiated the blessing of the newly opened branch. Rang-ay President & CEO, Ives Q. Nisce in his opening remarks stated that the opening of Bangar Branch is the first branch to open, of the ten (10) Banking Offices approved by the Bangko Sentral ng Pilipinas. Nisce is proud that Rang-ay Bank is a home-grown bank, with it’s head office in San Fernando City, La Union. The bank now has 21 branches spread in six provinces of the north: Ilocos Sur, Ilocos Norte, La Union, Pangasinan, Abra and Benguet.

​Hon. Joy Pinzon-Merin welcomed the opening of the  Branch and expressed the belief that the presence of Rang-ay Bank in Bangar signals  improved economic activity of the municipality as it  provides easy and affordable access to credit  for the local farmers and entrepreneurs.

Rang-ay Bank President and CEO Ives Nisce renewed the bank’s commitment to establish branches in towns which have limited access to formal financial services. “We would like to ensure that Rang-ay Bank services are accessible to a greater client base and to grant more people access to banking services,” said Nisce. This is in line with the advocacy of greater financial inclusion by BSP Gov. Tetangco. The opening of this banking office will surely bring banking services to the doorstep of the townspeople of this northern town of La Union, long famous for it’s hand-woven blankets.