Minalin, Here We Come! - BOF, Inc. Opens Its 16th Branch.

MINALIN, PAMPANGA, NOVEMBER 5, 2015 – Once again, one of the biggest Rural Banks in Central Luzon, BOF, Inc. has opened its 16th branch in the region. A subsidiary of the House of David Group, BOF has proven its capital strength as it made history today in offering banking services in the Municipality of Minalin.

In this photo, (L to R): Fr. -----, Senior Executive Vice-President III, Analiza O. Pulido; Municipal Mayor of Minalin,

Honorable Mayor Edgardo Flores; Chairman & President, Teresa David-Carlos; and Senior Executive Vice

President IV, Susan David-Nunga.

The inauguration and blessing of the new Minalin Branch Office situated in Poblacion, San Nicolas, Minalin, Pampanga was attended by the inspiring Municipal Mayor of Minalin, Honorable Mayor Edgardo Flores, BOF Executives: Chairman & President, Teresa David-Carlos; Senior Executive Vice President IV, Susan David-Nunga; Senior Executive Vice President III, Analiza O. Pulido; Member of the Board of Directors, Atty. Carmelino M. Roque; Corporate Legal Counsel , Atty. Peter Paul S. Maglalang; Branch Operations Group Head, Ms. Rona Q. Binuya and Loans and Discounts Department Head, Ms. Grace D. Castro and other friends of the House of David Group and valued clients. Mr. Ladislao Sibal David, Chairman Emeritus of BOF was also there to grace the special event.

In this photo, (L to R): Fr. -----, Senior Executive Vice President IV, Susan David-Nunga.Municipal Mayor of Minalin,

Honorable Mayor Edgardo Flores; Chairman & President, Teresa David-Carlos.

For over half a century in the banking service, BOF has maintained a sound operation and sustained its passion to proactively uplift the status of the Micro, Small and Medium Entrepreneurs (MSMEs) in the region, heeding the call for countryside development.

In her speech, BOF Chairman and President, Teresa David-Carlos shared, to quote: “It feels just like yesterday when the Rural Bank of Floridablanca, Inc. opened a small edifice in Del Carmen, Floridablanca on November 10, 1964. Then, after a few years, we already inaugurated our 1st branch, then our 2nd and now - our 16th.”

She was exultant on the growth of the bank at the same time seemingly reminiscing on many good memories since she assumed presidency in 1987. She went on adding: “Despite the macro-economic downward pressure and forthcoming ASEAN integration, today’s event exhibits once again, that only BOF has the initiative and capability to manage and keep overall risks under control, supported by our adequate liquidity reserves. The opening of Minalin branch invincibly proves our desire to strengthen the rural banking industry, reaching far ends in order to provide quality and innovative financial products and services to the underserved… and the unserved.”

Senior Executive Vice President IV, Susan David-Nunga closed the event saying: “We shall endeavor, like a farmer, to sow the seed of HOPE for our dear Minalin: to rise … to grow … to thrive … to succeed. More than anything, BOF is enthusiastic to see you, the Municipality, your micro, small and medium enterprises, your locals, to grab our extended hands as you pursue all your aspirations.”

Minalin, popularly known as the "Egg Basket of Philippines" because of its large scale production of eggs and chickens, is a fourth class municipality in Pampanga with merchandising, farming and fishing as the usual source of living. Tilapia, shrimp, crabs are also major products of the town. - JVC

#Blessing