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BDO Network Bank
BDO Network Bank (commonly known as BDO NB, formerly One Network Bank or ONB) is a rural bank in the Philippines based in Davao City. Established in 2004 through the consolidation of Network Rural Bank of Davao del Sur, the Rural Bank of Panabo of Davao del Norte and the Provident Rural Bank of Cotabato, ONB is the largest rural bank in the Philippines in terms of assets, with a network of 96 branches in Mindanao, 1 branch in Makati and province of Iloilo (including Iloilo City) and a fleet of 135 ATMs throughout the provinces of Mindanao, including 17 localities where it is the sole provider of financial services. It is the first rural bank in the Philippines to receive the nod of the Philippine Clearing House Corporation (PCHC) to establish a checking account, as well as to have its cheques cleared directly by the PCHC, instead of an intermediary bank. It is also an equity member of MegaLink (now a BancNet member), one of the first banks in Mindanao to join an interbank netwo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agusan Del Sur
Agusan del Sur, officially the Province of Agusan del Sur ( ceb, Habagatang Agusan; Butuanon: ''Probinsya hong Agusan del Sur''; tl, Timog Agusan), is a province in Caraga region, Mindanao, Philippines. Its capital is the municipality of Prosperidad. It is bordered on the northwest by Agusan del Norte and Misamis Oriental; east by Surigao del Sur; southeast by Davao Oriental; mid-south by Davao de Oro; southwest by Davao del Norte and, mid-west by Bukidnon. It is the fourth largest province in the country in terms of area. Etymology Agusan derives its name from the Agusan word ''agasan'', meaning "where the water flows", referring to the Agusan River that splits the land and meanders south to north in a rush to Butuan Bay. It is third largest river in the country and served as highway for the Spanish colonizers in gaining access to inner northeastern Mindanao. History The Agusan Valley was settled by a variety of cultural communities like the Manobos, Mamanwas and Higaonon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bayugan, Agusan Del Sur
Bayugan, officially the City of Bayugan ( ceb, Dakbayan sa Bayugan; fil, Lungsod ng Bayugan), is a 5th class component city in the province of Agusan del Sur, Philippines. According to the 2020 census, it has a population of 109,499 people.. Gained cityhood through Republic Act No. 9405, it is the only city in the province of Agusan del Sur. Located at the northern part of Agusan del Sur, Bayugan is the "cut-flower capital" of the province owing to its lucrative cut flower industry. The city's climate, especially in the highland barangays, is conducive to high yield cut-flower production. The city is also one of the major producers of rice and vegetables in the province, even providing for neighboring municipalities and provinces. Etymology The natives called the area Bayugan since the word ''bayugan'' is a Manobo term for pathway. Another version states that ''bayug'' trees used to grow abundantly in the area. It was also believed that the natives used to make this place the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compostela Valley
Davao de Oro, officially the Province of Davao de Oro ( ceb, Lalawigan sa Davao de Oro; tgl, Lalawigan ng Davao de Oro), is a province in the Philippines located in the Davao Region in Mindanao. Its capital is Nabunturan. It used to be part of the province of Davao del Norte until it was made a separate province in 1998. The province borders Davao del Norte to the west, Agusan del Sur to the north, and Davao Oriental to the east. To the southwest lies the Davao Gulf. The first elected governor was Jose Caballero, formerly a lawyer for a mining group in the province. It was formerly known as Compostela Valley (shortened to ComVal; ceb, Kawalogang Kompostela) from its inception until December 2019, when a plebiscite ratified the law that proposed to rename the province to Davao de Oro. History Davao de Oro, the 78th province in the country, was created out of Davao del Norte Province by virtue of ''Republic Act No. 8470'', signed by President Fidel V. Ramos on January 30, 1998. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pantukan, Compostela Valley
Pantukan, officially the Municipality of Pantukan ( ceb, Lungsod sa Pantukan; tl, Bayan ng Pantukan), is a 1st class municipality in the province of Davao de Oro, Philippines. According to the 2020 census, it has a population of 90,786 people. History In 1914, Governor General Charles Yeater declared Pantukan as a municipal district. Sangui, a Mansaka, was appointed president. A year after, he was replaced by Bancas Mansaka. On November 13, 1936, President Manuel L. Quezon declared it a regular municipality, therefore becoming the oldest town in Davao de Oro province. Teodoro Fuentes was appointed its first Alkalde. Juan Caballero Sr. was its first elected Mayor. From then up to the present, the elected mayors were: Graciano Arafol (1952-1959), Diosdado Basanez (1960-1963), Celso Sarenas (1964-) with Juan Caballero, Jr. as OIC (1986-1987), Jovito Derla (1988-1992), Juan Caballero, Jr. (1992-1995), Jovita Derla (1995-2004), Tok Sarenas (2004-2013), and Roberto Yugo (2013–present) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Governor Generoso, Davao Oriental
Governor Generoso (), officially the Municipality of Governor Generoso ( ceb, Lungsod sa Gobernador Generoso; tl, Bayan ng Gobernador Generoso), is a 2nd class municipality in the province of Davao Oriental, Philippines. According to the 2020 census, it has a population of 59,891 people. It is formerly known as Sigaboy. The municipality is named after Sebastian T. Generoso, a former governor of Davao Province. Miangas, Indonesia (also known as ''Isla de las Palmas'') is located directly southeast of this municipality. Before and after World War II, Francisco Durico Serrano (son of Saturnina Dagking,founder of Cambaleon, San Isidro) was the Mayor of the undivided Governor Generoso until the time when Philippines was given independence. He took down the American flag and raised our Philippine flag with so much honor. Geography Climate Barangays Generoso is politically subdivided into 20 barangay A barangay (; abbreviated as Brgy. or Bgy.), historically referred to as ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Davao Oriental
Davao Oriental ( Cebuano: ''Sidlakang Dabaw''; tl, Silangang Davao), officially the Province of Davao Oriental, is a province in the Philippines located in the Davao Region in Mindanao. Its capital is city of Mati, and it borders the province of Davao de Oro to the west, and Agusan del Sur and Surigao del Sur to the north. The province is the traditional homeland of the Mandaya and Kalagan/Kaagan. Davao Oriental is the easternmost province in the country with Pusan Point in the municipality of Caraga as the easternmost location. The Philippine Sea, part of the Pacific Ocean, faces Davao Oriental to the east. Part of the province lies on an unnamed peninsula that encloses the Davao Gulf to the west. The province is the top producer of coconut and copra in the country, earning the province the title ''Coconut Capital of the Philippines''. It is also home to Mount Hamiguitan Wildlife Sanctuary, a UNESCO World Heritage Site. Etymology The name of the province was derived from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Isidro, Davao Oriental
San Isidro, officially the Municipality of San Isidro ( ceb, Lungsod ng San Isidro; tl, Bayan ng San Isidro), is a 3rd class municipality in the province of Davao Oriental, Philippines. According to the 2020 census, it has a population of 33,664 people. San Isidro is one of the "gulf towns" of Davao Oriental whose shorelines stretch along Davao Gulf. Other gulf towns are Banaybanay, Lupon and Governor Generoso. History The town of San Isidro was created by virtue of Republic Act No. 4744 enacted by the Philippine Congress on June 18, 1966. It started operating as a local government unit in January 1968. Its founder and the first mayor was Vicente Yu, Sr. Geography Climate Barangays San Isidro is politically subdivided into 16 barangays. Seven barangays are along the coastlines while the other nine are in the interior areas. Demographics Around 30% of the population belong to the indigenous Mandaya and Kalagan communities. Economy San Isidro is largely planted with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangko Sentral Ng Pilipinas
The Bangko Sentral ng Pilipinas (; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. History American era and World War II In 1900, the First Philippine Commission passed Act No. 52, which placed all banks under the Bureau of the Treasury and authorizing the Insular Treasurer to supervise and examine banks and all banking activity. In 1929, the Department of Finance, through the Bureau of Banking, took over bank supervision. By 1933, a group of Filipinos had conceptualized a central bank for the Philippine Islands. It came up with the rudiments of a bill for the establishment of a central bank after a careful study of the economic provisions of the Hare–Hawes–Cutting Act, which would grant Philippine independence after 12 years, bu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidation (business)
In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting, ''consolidation'' refers to the aggregation of financial statements of a group company as consolidated financial statements. The taxation term of consolidation refers to the treatment of a group of companies and other entities as one entity for tax purposes. Under the Halsbury's Laws of England, 'amalgamation' is defined as "a blending together of two or more undertakings into one undertaking, the shareholders of each blending company, becoming, substantially, the shareholders of the blended undertakings. There may be amalgamations, either by transfer of two or more undertakings to a new company or the transfer of one or more companies to an existing company". Overview Consolidation is the practice, in business, of legally combining two or more organizations into a single new one. Upon consolidation, the original ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interbank Network
An interbank network, also known as an ATM consortium or ATM network, is a computer network that enables ATM cards issued by a financial institution that is a member of the network to be used to perform ATM transactions through ATMs that belong to another member of the network. However, the functions which may be performed at the network ATM vary. For example, special services, such as the purchase of mobile phone airtime, may be available to own-bank but not to network ATM cardholders. Furthermore, the network ATM owner may charge a fee for use of network cards (in addition to any fees imposed by the own-bank). Interbank networks enable ATM cardholders to have access to ATMs of other banks that are members of the network when their own bank's ATM is unavailable. This is especially convenient for travelers traveling abroad, where multinational interbank networks, like Plus or Cirrus, are widely available. Interbank networks also permit, through different means, the use of AT ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
