New branches, ATMs machines for ONB in 2009
by Prix D Banzon
Davao City (1 November) -- The widest banking network in Mindanao is set to open five new branches and activate at least 30 new ATM machines next year in selected areas of the island.
One Network Bank (ONB) president Alex V. Buenaventura they want to grow with Mindanao and will continue to expand in the next five years.
He said early next year ONB is set to open five more new branches making its total branch network to 75.
The new branches will be established in Gingoog, Misamis Oriental, Sindangan, Zamboanga del Norte, Ozamis City, Surigao City and Dipolog City.
"Out continued opening of new branches within the 35 identified growth areas is in line with our goal of saturating Mindanao, he said.
He said these growth centers are either "unbanked" or "underbanked" and at the rate they are going indicates that the bank is on full swing to achieve its goal.
The bank is also bullish in activating at least 30 ATMs next year which will increase the number of its ATM fleet to more than a hundred machines all over the island, he said. (PIA) [top]