August 2006

ONB, DBP form remittance alliance

The Philippine STAR 08/08/2006 One Network Bank (ONB) has teamed up with the Development Bank of the Philippines (DBP) recently to expand the overseas remittance payout services available in its 63 branches through DBP’s Electronic Cash Remittance (EC REMIT) Program. ONB is the first rural bank to tie-up with DBP’s foreign remittance arm.

Rang-ay Bank opens Bacnotan Branch

The Philippine STAR 08/01/2006 Rang-ay Bank is opening its 13th branch in Bacnotan on Aug. 3 as it strengthens its regional leadership among rural banks. And two more branches are poised to open in the next few months – one in Naguilian and another in La Trinidad, Benguet.