went straight through Northern Mindanao. Infrastructures were destroyed‚ lives were lost‚ and dreams were shattered. It was a catastrophe that shocked not only the country‚ but the whole world. Cagayan de Oro and Iligan‚ cities known to be rarely hit by typhoons‚ were‚ in this case‚ the cities directly hit and damaged by the said storm. Sendong came at the dead of the night thus being the main reason that the victims were unprepared. Sendong’s havoc was manifested with an unprecedented flash
Premium Cagayan de Oro City
Disadvantages: • Conflicts of interests between bank and investor: For banks savings deposits are a financing possibility at a favorable rate of interest; private investors‚ however‚ would usually prefer investments in securities to realize higher interest earnings. • Risk of concentration processes; but in spite of a decreasing number of banks‚ especially of private banks‚ neither a suppression strategy of big universal banks against smaller competitors nor a cartelization is to constate in
Premium Bank Banking Fractional-reserve banking
• CASE OVERVIEW 1964- Banco Filipino was established. 1969- Banco Filipino starts giving customers the ability to deposit in any online BF branch‚ making it the first bank to process online transactions in real-time. 1970- Banco Filipino started expanding into the countryside with its first provincial branch opening in Naga City. 1972- The bank’s customer base grew to one million customers‚ even in the midst of martial law. 1975- It was voted as the most preferred bank in Metro Manila
Premium Bank Fractional-reserve banking Central bank
OVERVIEW OF THE CASE “Subok Na Matibay‚ Subok Na Matatag” (Tested Strong‚ Proven Stable)‚ the slogan of once well-known and once most popular bank in the Philippines‚ the Banco Filipino‚ formerly known as Banco Filipino Savings and Mortgage Bank‚ but surprisingly‚ it was closed twice in 1985 and in 2011 in the history of banks in the Philippines. Banco Filipino started its operation in 1964‚ founded by Tomas Aguirre and was known as one of the thrift bank. The Aguirre family together with
Premium Bank Supreme Court of the United States Philippines
highly lucrative bank. Banco Compartamos portrays itself as the gentler lender to Mexico’s poor. Compartamos means "let’s share‚" reflecting the philosophy of its founders‚ the two Carlos’. The non-profit Grameen Bank model and the commercial for-profit Banco Compartamos have many differences‚ the fundamental distinctions between them is in their funding methods. Grameen Bank funds microloans primarily through local funds usually from savings deposits‚ while Compartamos Banco takes a funding approach
Premium Economics Poverty Capitalism
“Banco Filipino” (From Wikipedia‚ the free encyclopedia) Banco Filipino Savings and Mortgage Bank Type Public (PSE: BF) Industry Finance and Insurance Founded Manila‚ Philippines (1964) Headquarters Makati‚ Philippines Key people Teodoro O. Arcenas‚ Jr.‚ Chairman and President Perfecto Yasay‚ Vice Chairman Products Financial Services Revenue P2.932 billion PHP (37%) (2001)[2] Employees unknown Website www.bancofilipino.com Banco Filipino Savings and Mortgage Bank (PSE: BF)
Premium Bank Manila
by virtue of the doctrine set forth in the ruling Number 322 dated 19-11-09‚ in ref. "Tulosai Alberto Pascual w/Banco Central de la República Argentina". The gratification or annual bonus is similar to the legal nature of the supplementary annual salary‚ as both concepts are of an undeniable wage nature and the payment is made in annual or biannual periods‚ so that if
Premium Balance sheet Generally Accepted Accounting Principles Asset
question about travelling is‚ is it worth getting there? I am always ready to visit a new place‚ always excited to find more things about an unfamiliar area. That is why‚ when we were informed that we’re going to have an educational trip at Cagayan de Oro‚ also known as the City of Golden Friendship‚ I was delighted. I love the road. It may be a little tough on my part because I easily miss my family‚ but it has been and will remain a great thrill and challenge to me. Though I don’t really get the
Premium Customer Cagayan de Oro City
Nabisco Oreo Cookies‚ a brand that is older than the automobile assembly line. It is estimated that an average of 4.3 billion cookies have been eaten each year over the last 90 years. How does the number one sandwich cookie remain number one and not crumble? This paper will examine the marketing messages conveyed via television‚ print‚ and point of purchase for the 91-year-old sandwich cookie created in 1912. Secondly‚ an overview evaluating message positioning as it relates to the appeal of the
Premium Marketing Oreo Brand
The external relations section of Universal Fabrics is a rather small unit. Mr. Stanford is only responsible for the two attendants and a secretary. It is important to understand that the unit is allocated a substantial budget‚ and thus although Linda and Louise are only ‘attendants’‚ they are close to the top of their organisational world. Zaleznik (1963) describes a main pattern of inner conflict called competition anxiety. This anxiety refers to the feelings generated in people who are climbing
Premium Trip Fear Conflict