Thanks to BDO Network Bank’s assistance, a dessert maker obtaining an FDA license and a hardware store increasing their inventory are among the micro, small, and medium-sized enterprises (MSMEs) in Leyte that have experienced remarkable growth. The boost needed by these local entrepreneurs can be credited to BDO Network Bank’s Negosyante Loan. With the accessibility of this support, entrepreneurs now have the funding needed to expand, diversify, and upgrade their businesses.
Fostering Business Expansion and Success Stories
The Palo Livelihood Cooperative Center, under the leadership of Chairman Carlo Romano, witnessed firsthand the transformative power of the Negosyante Loan. Romano highlighted the case of a local producer specializing in traditional rice-made desserts, Moron and Binagol. This enterprising individual utilized the loan to bolster their capital. Part of that capital also helped them obtain a crucial license from the Food and Drugs Administration. As a consequence, their products became export-ready, enabling sustained business growth even amid the challenges posed by the pandemic.
Zenaida Subang, an entrepreneur in the hardware and construction supply sector, attested to the loan’s instrumental role in her business journey. The additional funds facilitated wholesale material purchases, leading to an expanded customer base and increased job opportunities within her community.
Understanding BDO Network Bank’s Negosyante Loan
This specialized financial support initiative was designed for entrepreneurs. This access to resources to expand their enterprises by letting them able to increase inventory or procure additional equipment. Not only that, the loan also is a big help in establishing new outlets. Ranging from PHP 30,000 to PHP 1 million, the loan offers flexible repayment terms spanning one to three years.
Accessing BDO Network Bank’s Services
To explore the diverse range of products and services offered by BDO Network Bank, individuals can conveniently visit the nearest branch. They may also access the bank’s official website (https://www.bdonetworkbank.com.ph). To contact via direct message go to their official Facebook Page (https://www.facebook.com/BDONetworkBankPH).
About BDO Network Bank: Strengthening Financial Inclusion
Formerly known as One Network Bank, Inc. (ONB), BDO Network Bank operates as a subsidiary of BDO Unibank, Inc., the Philippines’ largest bank. Boasting a network of over 300 branches and 280+ ATMs, primarily situated in the countryside of Mindanao, it synergizes effectively with BDO’s extensive network, comprising 1,600+ operating branches and 4,700+ ATMs nationwide.
Commitment to Governance and Customer-Centric Solutions
The bank adheres to robust corporate governance practices aligned with its parent company’s values of fairness, accountability, transparency, integrity, and performance. Supported by BDO Unibank, BDO Network Bank continuously strives to innovate and offer convenient banking solutions to its growing customer base.
Regulation and Customer Support
BDO Network Bank operates under the regulatory oversight of the Bangko Sentral ng Pilipinas (https://www.bsp.gov.ph) and ensures customer service excellence. For account-related queries or assistance, individuals can reach out via phone at (082) 233-7777 or through email at cu*************@bd************.ph. Additionally, customers are encouraged to visit their respective branches for personalized support.
BDO Network Bank remains committed to fostering the prosperity of Leyte’s MSMEs by providing tailored financial solutions. Moreover, they also enable local businesses to thrive and contribute significantly to the region’s economic growth.
About BDO Network Bank
Formerly known as One Network Bank, Inc. (ONB), BDO Network Bank operates as a subsidiary of BDO
Unibank, Inc., the largest bank in the Philippines.
The Bank’s network of more than 300 branches and over 280 automated teller machines, most of which
are in the countryside of Mindanao, is complemented by access to BDO’s network of more than 1,600
consolidated operating branches and more than 4,700 ATMs nationwide.
The corporate governance practices of the Bank are consistent with that of its Parent Bank: fairness,
accountability, transparency, integrity, and performance. With the support and guidance of its parent bank, BDO Network Bank aims to provide more innovative and convenient banking solutions to its growing customer base.
BDO Network Bank, Inc. is regulated by the Bangko Sentral ng Pilipinas. https://www.bsp.gov.ph.
For account-related concerns, please visit your branch of account or contact us at the following:
Phone: (082) 233-7777 Email: cu*************@bd************.ph
