Category Archives: NEWS UPDATES


Last August 8, the employees of Banco Dipolog, Inc. (BDI) formally welcomed the arrival of Mr. Harry A. Abellana, the Bank’s new President and CEO, by virtue of his appointment by the BDI’s Board of Directors.

He obtained his Bachelor of Science in Commerce degree from University of San Jose- Recoletos (then the Colegio de San Jose-Recoletos) in Cebu City, majoring in Accounting, and one of his Post Graduate Studies on Fellow Local Government Administration for Asia at the National Institute of Public Administration(NIPA), Seoul, South Korea on 1999.He is likewise a holder of both Second-Level Professional Eligibility and Third-Level Career Service Executive Eligibility under the Civil Service Commission.

With a wide array of professional and managerial experience, Mr. Abellana had been connected with pharmaceutical, life insurance, and banking industry, earning several excellence awards for the last 35 years. His previous employment in City Savings as the Assistant Vice President for Marketing Operations for 10 years and being the Vice President for Sales for a year, together with his past managerial and leadership experiences, have made him fit and appropriate to lead BDI in the coming years in the drive to maintain industry excellence and aggressive operations expansion.


Banco Dipolog, Incorporated appoints Ramon L. Lim as Officer in Charge

Banco Dipolog, Incorporated, the pioneering rural bank of Zamboanga del Norte, announced last July 13, 2017 that it has appointed Mr. Ramon L. Lim as Officer in Charge.

Mr. Ramon L. Lim brings to the Bank over four decades of extensive knowledge in the domestic and international banking markets. He gained exposure in different areas in banking, namely in Treasury, Trust and Audit while occupying Senior Management positions at Citibank, Unionbank and PNB. He is a Consultant of the Philippine Bank of Communications (PBCom) since May 2015 and previously the Chairman of the Rural Bank of Nagcarlan, Incorporated. He also worked as the Chief Executive Officer and President of PNB Securities Inc.. He completed his Masters in Business Management at the Asian Institute of Management (AIM) in 1980 as a Citibank full scholar. He obtained his Bachelor of Science in Commerce Major in Accounting (Magna Cum Laude) from the University of San Carlos in 1971 and a Certified Public Accountant.

The bank is confident that with Mr. Ramon Lim’s leadership experiences, the company will continuously thrive in attaining its vision: to be the rural bank of choice in providing excellent banking services to all its stakeholders across generations.


Banco Dipolog fully complies with the BSP’s EMV Conversion Requirement

In consonance with Circular No. 859, series of 2014 issued by the Bangko Sentral ng Pilipinas regarding the EMV implementation on commercial / rural banks, Banco Dipolog, Inc. ,once and for all, already took the final step for the full compliance with the bank’s EMV conversion requirement.

Last June 6, 2017, the President and CEO of Banco Dipolog, Inc., Ms. Milcah A. Capundag, along with Chief Compliance Officer Flaviano B. Paloma Jr. And IT Department Head Mharjun A. Gamus, flew to Manila to finally complete the Bank’s full compliance with the EMV Conversion requirement. The steps were taken with the assistance of Ms. Joan Vergara from Bancnet.

EMV (Europay, Mastercard& Visa) is a chip-based payment card which is a more secure alternative to traditional magnetic stripe payment cards. The EMV implementation is part of the BSP’s continuing efforts to protect clients against card fraud, safeguard their information and maintain interoperability of payment network. EMV chips have been proven primarily to reduce counterfeit fraud, skimming and other related attacks perpetrated in a magnetic stripe payment cards.

Having completed the foregoing regulatory requirement, Banco Dipolog, Inc. is now set for the EMV ATM implementation this coming September 2017. It is expected that more than 9,000 cards will be replaced as soon as the implementation goes full swing.

BDI will continue to ensure sustainable growth for all stakeholders across generations protecting the latter, and their benevolent in the bank.


BDI ILIGAN BRANCH celebrates 3rd Banking Anniversary

Khaesyl T. Sotomayor
Cluster 3 Correspondent

iligan 3rd anniv

Banco Dipolog, Inc. (BDI), Iligan Branch, commemorated the commencement of its operations three years ago on August 30, serving as a venue to sincerely thank its loyal patrons for the last three years of serving the Iliganon public.

The said event started at 8am in the morning, with the festive and glamorous theme decor igniting the positive atmosphere inside the bank. As a daily tradition, the celebrations still began with a prayer, followed by the recital of the vision and mission statement of the bank. During the day, the employees of Iligan Branch prepared and distributed finger food and drinks to their clients of the day as a way of expressing their “THANK YOU’S” for patronizing the bank products for their 3 years of existence and counting.

After closing all the transaction of the day, the employees of the Iligan Branch, headed by the Branch Manager Mr. Jerome Natingga, attended a Eucharistic Mass honoring the Almighty Father for all the protection, guidance and blessings in all of the branch’s operations and for a job well done in the service of all Iliganons.

Branch dinner took place thereafter, as a thanksgiving of a continuous 3rd fruitful year of BDI Iligan Branch. The dinner also served as a special place to all employees to celebrate success, who battled everyday in bridging the gap between the investors and lenders to provide them appropriate solutions for their respective needs, and to be their “Katumanan sa Maayong Ugma”.



Khaesyl T. Sotomayor
Cluster 3 Correspondent


Banco Dipolog, Inc. (BDI)’s Ozamiz Branch celebrated three years of successful and sound banking last August 8, 2016.

BDI Ozamiz Branch celebrated its third anniversary, together with their existing patrons. They prepared sweets and drinks for their clients, as a banking culture, for lasting personal relationships between the Branch employees and their customers. They also distributed fliers to clients and to those who happen to pass by the Branch on that day for additional awareness of the public about the existing products that BDI is currently offering.

In acknowledging the 3 years of unwavering commitment to service, the employees of Ozamiz Branch, under the leadership of Branch Manager Mr. Winie L. Realiza, enjoyed their festive after-work party as a thanksgiving to everyone in the team for a strong sense of cooperation among themselves for fruitful and stable banking.



Benjie B. Elopre
Cluster 2 Correspondent


In accord with the continuous thrust of Banco Dipolog, Inc. (BDI) to continually provide responsive services and operations to its patronizing public, BDI’s Microfinance Banking Office (MBO) in Molave, Zamboanga del Sur finally completed its long-prospected location move on August 1.

The ceremonies officially gracing the opening of MBO-Molave on its new location was started with a solemn office blessing by Rev. John Cubido, which was shortly followed by the symbolic ribbon-cutting ceremony signifying the formal opening of the new headquarters along Roxas Street in downtown Molave.

Key personalities present to witness the opening ceremonies was MBO Supervisor, Mr. Ronefer Tuden, Cluster 2 Head Mr. Richard Palalon, and the Branch Operations Officer (BOO) of BDI – Pagadian, Ms. Irene Sanchez. Ms. Lira J. Lacquio, the Branch Support Services (BSS) Head was also present, and did the ribbon-cutting herself, assisted by Mr. Palalon.

After almost six years of operations, MBO-Molave has always put its clientele above everything else in the performance of its duties. And this location move is indeed another step taken to make the MBO more visible to the public who needs it, in turn, making their prime services more accessible and more receptive to the said public.



Rolette V. Barros
Corporate Correspondent

ertqk drill

In line with the observance of the National Disaster Consciousness Month for the month of July, 2016, Banco Dipolog, Inc. (BDI) participated in the 1st Dipolog Earthquake and Fire Simulation Exercises spearheaded by the City Government of Dipolog last 29 July 2016.

The said city-wide earthquake and fire simulation drill was designed to reiterate to the citizens of Dipolog City on the importance of calamity preparedness and education on appropriate actions before, during, and after a major calamity strikes in the locality.

With the excellent leadership of Mr. Wilfredo C. Santillan, Vice- President/ Administration Group Head and team leader of BDI’s First Aid Team, Cyril John O. Zason, RN, Company Nurse and Safety Officer, and the active participation of all Corporate Office and Dipolog Branch Employees, the said exercise was proven to be successful. Per Evaluation Form done by FO1 Rhedan Naquila from the Bureau of Fire Protection (BFP), BDI obtained a passing score of 91%, with a perfect score of 50 points for dealing with primary hazards and 41 points for dealing with secondary hazards.


With this year’s observance bearing the theme: “Kahandaan at Pagtugon sa Sakuna, Tungkulin ng Bawat Isa” (“Preparedness and Response to Calamity is Every One’s Responsibility”), the National Disaster Consciousness Month of 2016 was timely enough for the conduct of the said city-wide earthquake and fire drill, which was jointly facilitated by several government agencies and participated by more than twenty private and public institutions throughout the city.

The city government, seeing the success of the said activity, is planning to do it on a yearly basis, with next year’s drill to include tsunami and armed conflict scenarios, as prospected.


Bancnet features BDI on Inquirer

Daisy Mae O. Tambolero
Corporate Office Correspondent

Ph D Inquierer

On its 26th year of non-stop banking network, BancNet featured Banco Dipolog Incorporated (BDI) on the July 25 issue of the Philippine Daily Inquirer, a leading Philippine news broadsheet.

The article, entitled “Reaching Out to the Countryside”, mentioned BDI as the first rural bank in the Philippines to become a member of BancNet in Zamboanga del Norte, and as the first rural bank in the country to install POS Cash Out terminals. The following is the transcript of the published article:

Instead of the traditional way of withdrawing from an ATM, bank customers can simply swipe their cash cards at POS terminals and they will receive the requested cash from the teller or cashier.

This year, the bank will install 10 more POS units in its branches in MBO Molave and Aurora EO in Zamboanga del Sur, MBO Piñan, MBO Manukan, MBO Siayan, MBO Liloy and Sindangan Branch in Zamboanga del Norte, and MBO Calamba in Misamis Occidental.

Banco Dipolog was the first rural bank in the Philippines to become a member of BancNet in Zamboanga del Norte.

The bank has already issued a total of 8,386 cards, which represent the number of its BancNet cardholders that benefit from the use of POS terminals to get cash. Non-Banco Dipolog cardholders, whose cards are issued by other banks, also benefit from these POS terminals and the number of POS transactions for these “acquires” number 4,494.

The POS Cash Out terminal is a much cheaper alternative to the ATM machine.

It’s expensive for banks to set up ATMs in the provinces, so we developed the POS terminal so that it can be use instead of an ATM to make cash withdrawals. The person can swipe a card at the terminal and his account will be debited,” said Rovin Vincent Asadon, BancNet’s product manager.

BancNet’s e-banking outsourcing service was launched in 2008 and the service now includes ATM switch hosting, card management and ATM driving for banks.

BancNet’s operational multi-institution ATM switch can issue a bank’s ATM cards, drive a bank’s ATMs, switch ATM transactions, connect to the bank’s authorizer systems for approval and interface the bank to other switches.

With BancNet’s outsourcing service, setting up an ATM switch becomes painless particularly for banks implementing ATM systems for the first time.

For banks that already have existing networks, they may avail of the service and do away with the need to upgrade or purchase replacement systems.

The said feature story on BDI’s latest service innovation is just a proof of the Bank’s solid commitment to take a lead in the rural banking industry in putting the convenience of its clients above anything else.


BDI Joins Provincial MSME Conference

Daisy Mae O. Tambolero
Corporate Office Correspondent

MSME_for web

In order to enhance the managerial capabilities of Micro, Small, and Medium Enterprises (MSMEs), the Department of Trade and Industry (DTI), Zamboanga del Norte Office held a Provincial MSME Conference last July 21, at the Dipolog City Boulevard Function Hall.

The highlights of the conference included an inspirational talk on Entrepreneurship and Good Governance by Hon. Flora L.Villarosa, Municipal Mayor of Siayan, Zamboanga del Norte, while, as to increase awareness of MSMEs on investment scams, Atty. Annabelle F. Corrall-Respall, the Securities Counsel II of the Securities and Exchange Commission (SEC), Zamboanga Extension Office gave a lecture on Pyramid, Ponzi and Boiler Room scams, and the procedures in registering for a corporation. Members of BDI Branch Banking Group and Marketing Unit participated in the said event together with more than 600 existing and would-be MSME entrepreneurs.

Meanwhile, DTI Zamboanga del Sur Office held a similar conference on SME’s, and, at the same time, a Financing Fair a day before the Dipolog conference, on July 20. The conference, which was held at the 3rd floor of Abrenica Building, Sabado St., Sta. Maria, Pagadian City, was purposely called for the solicitation of concerns and suggestions regarding the development of small and medium enterprises.

MSME_for web 2

With the other reason of being the avenue of the meeting of SME owners and representatives of financial institutions, DTI Zamboanga del Sur also invited representatives from leading banks and FI’s throughout Pagadian City, including Banco Dipolog (BDI), Pagadian Branch. The BDI team, headed by Branch Manager Ms. Gay Resma, led the delegates sent to the conference, and distributed flyers and other advertising materials throughout the event through a stall installed for financial institutions.