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PNB top honchos impressed with Zambo’s biz potentials |
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Source Sunstar
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Saturday, 27 October 2007 |
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TOP officials from the Philippine National Bank (PNB) based in Manila have recognized the potentials of Zamboanga as a business and financial center in the entire Zamboanga Peninsula, as they assured continuous and efficient service to local residents.
PNB President and Chief Executive Officer (CEO) Omar Bayron Mier and party visited Zamboanga, Asia’s Latin City, Tuesday to meet with clients and qualified investors of the bank’s credit facilities.
The group also assessed the feasibility of setting up a regional credit center in the city, a facility that will further boost the city’s capacity for development and growth.
Mier’s party included PNB Executive Vice President Renato Castillo; First Vice Presidents Lizette Racela and Nicardo Leopoldo; Senior Vice President Aida Padilla; Sam Blesilda Abella and Administrative Assistant Officer Joseph Hulguin.
The group visited Barangay Ayala in the west coast to look into the possibility of establishing a PNB branch to cater to the thousands of employees working in the numerous canning factories located in the barangay and the neighboring villages.
In a courtesy call on Mayor Celso Lobregat Tuesday afternoon, the PNB chief executive expressed admiration on the potentials of Ayala that make the barangay very conducive for business investments.
Mier likewise informed Mayor Lobregat of the bank’s continued commitment to serve not just the urban center but also the rural and emerging growth areas in the city.
Lobregat earlier has asked the PNB to branch out to areas outside the 7 kilometer radius in support of his administration’s vision to develop growth areas in the city.
The city’s vast land area provides the city the opportunity to develop growth areas to further reinforce the economic potentials thriving in Zamboanga, Lobregat said.
These business districts will be located in Ayala, Labuan, Sangali, Curuan and Vitali in addition to the booming central district and the Zamboanga Economic Zone and Free port Authority in San Ramon.
PNB Mindanao Area manager Teresita Sebastian said the chief executive officer is impressed with the potentials of Zamboanga and is very receptive to the planned establishment of a regional credit center as well as branching out to growth areas. (Sheila E. Covarrubias)
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