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Cooperative Bank Of Misamis Oriental
The Cooperative Bank of Misamis Oriental (CBMO) is a cooperative bank based in Misamis Oriental, Northern Mindanao (Region X), Philippines. It was established in 1979, with its first office at the back of the Provincial Capitol in Cagayan de Oro Cagayan ( ), officially the Province of Cagayan ( ilo, Probinsia ti Cagayan; ibg, Provinsiya na Cagayan; itv, Provinsiya ya Cagayan; fil, Lalawigan ng Cagayan), is a province in the Philippines located in the Cagayan Valley region, covering .... It participates in the Microenterprise Access to Banking Services program. A 2003 ADB report found that the bank was then among the top ten best performing cooperative banks in the country.ADB report 2003 "For the housing loans subproject, the financial capability of Cooperative Bank of Misamis Oriental, Inc. (CBMOI), a representative CFI, was examined. CBMOI is among the top ten best performing cooperative banks in the country, with liquidity, profitability, asset quality, and capital adeq ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cooperative Bank
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower failure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Misamis Oriental
Misamis Oriental ( ceb, Sidlakang Misamis; tl, Silangang Misamis), officially the Province of Misamis Oriental, is a province located in the region of Northern Mindanao in the Philippines. Its capital, largest city and provincial center is the city of Cagayan de Oro, which is governed independently from the province. History In the 16th century, the people of the territory were obliged to pay tribute to Muslim rulers as the regional powerhouses converted to the Muslim faith. Lumads on the coast started converting into Islam or were displaced by other ethnic groups that converted earlier. Those in the interior retained their native faiths. Province of Cebu Misamis Oriental shared a history with Misamis Occidental of being part of the Province of Cebu during the Spanish colonial era. In 1818, Misamis was carved out from Cebu to become a separate province with Cagayan de Misamis ''(Cagayan de Oro)'' as its capital and was further subdivided into ''partidos'' or divisions: Par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northern Mindanao
Northern Mindanao ( tl, Hilagang Mindanao; ceb, Amihanang Mindanao; Maranao: ''Pangotaraan Mindanao'') is an administrative region in the Philippines, designated as Region X. It comprises five provinces: Bukidnon, Camiguin, Misamis Occidental, Misamis Oriental, and Lanao del Norte, and two cities classified as ''highly urbanized'', all occupying the north-central part of Mindanao island, and the island-province of Camiguin. The regional center is Cagayan de Oro. Lanao del Norte was transferred to Northern Mindanao from Region XII (then called ''Central Mindanao'') by virtue of ''Executive Order No. 36'' in September 2001. Etymology The current name of the region was derived from its position on Mindanao island. The term was officially coined by the Americans after the establishment of American colonial rule in the Philippines due to the defeat of Filipino revolutionaries. There have been proposals to rename the current Northern Mindanao region, which is dominated by the Ceb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cagayan De Oro
Cagayan ( ), officially the Province of Cagayan ( ilo, Probinsia ti Cagayan; ibg, Provinsiya na Cagayan; itv, Provinsiya ya Cagayan; fil, Lalawigan ng Cagayan), is a province in the Philippines located in the Cagayan Valley region, covering the northeastern tip of Luzon. Its capital is the city of Tuguegarao. It is about northwest of Manila, and includes the Babuyan Islands to the north. The province borders Ilocos Norte and Apayao to the west, and Kalinga and Isabela to the south. Cagayan was one of the early provinces that existed during the Spanish colonial period. Called ''La Provincia de Cagayan'', its borders essentially covered the entire Cagayan Valley, which included the present provinces of Isabela, Quirino, Nueva Vizcaya, Batanes and portions of Kalinga and Apayao. The former capital was Nueva Segovia, which also served as the seat of the Diocese of Nueva Segovia. Today, only remain of the former vastness of the province. The entire region, however, is stil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of The Philippines
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
