Davao City – The Enterprise Bank, Inc. successfully held the Women Entrepreneurs Exhibit and Business (WEB) Forum 2014 at the Davao Convention and Trade Center on May 9, 2014.

          Envisioning a brighter future by helping entrepreneurs has been the thrust and goal of Enterprise Bank Incorporated since it began operations 38 years ago. All throughout its existence, the bank has been recognized for its valuable microfinance services in the rural community and it has soared to greater heights when it helped small and medium enterprises with its SME Lending program.

          Today, the former “New Rural Bank of Lianga” is still eyeing on the same goal and is playing a pivotal role in the development of entrepreneurs.

Purpose of the Event

         Admission was free for everyone who wanted to enter the exhibit area. Consumers shopped from the booths and learned about local businesses owned (mostly) by women entrepreneurs. The exhibit was a venue for these women entrepreneurs to showcase their products and services while mingling with their supporters, patrons and walk-in customers. This opportunity builds networks for all the participants in a day of fun and learning. The business forum provided the learning part of the activity to empower women with knowledge on business trends.

           WEB 2014 was in line with The Enterprise Bank’s 38^th year anniversary as one of the leading financial service providers in Mindanao.

The event was co-sponsored by the Department of Trade and Industry, People’s Credit and Finance Corp., Land Bank of the Philippines, Philippine Business for Social Progress, Malayan Insurance, Philamlife Insurance and AXA Philippines. 

Enterprise Bank’s Founder and Director Mr. Ignacito U. Alvizo

delivers a message during the event.

Enterprise Bank, Inc. (A Thrift Bank) recently partnered with Agusan del Sur Electric Cooperative  (ASELCO) with the launching of Enterprise Bank and ASELCO co-branded card.

Currently, the Enterprise Bank-ASELCO co-branded card serves as lifetime membership card of ASELCO members.  It also doubles as ATM and debit card which can be transacted with any Bancnet ATM nationwide.

But preparations are underway to level up the features of this co-branded card so that in the near future, the card will benefit ASELCO members with ease and convenience of not only settling their electric bills with ASELCO but for other banking transactions as well.

Specifically, Enterprise Bank is working out for ASELCO to become one of the billers in the Bancnet network so that ASELCO consumers will have option to pay their bill online using their Enterprise Bank-ASELCO cards.

Aside from the cards, Enterprise is now providing ASELCO a wide range of services to meet the cooperative’s banking requirements as a result of the partnership.

Enterprise Bank branches in San Francisco, Bayugan and Trento are collecting points for ASELCO bill payments, aside from other services such as online deposit, fund transfers and transfer of banking technology and IT solutions from Enterprise Bank to ASELCO for better implementation of projects.

Taking advantage of Enterprise Bank’s  wide network in Agusan del Sur and ASELCO’s  target market of 75,000 to 100,000 clients in the area,  the tie-up between these two established institutions have proven to be a mutually compensating business relationship that boils down to benefit the member-depositors.

For its part, Enterprise Bank commits to strengthen the said partnership and enhance future projects with ASELCO to better serve Agusan del Sur’s general public.

Signing of the Service Agreement between Enterprise Bank and ASELCO held during ASELCO’s General Annual Membership Assembly on July 20, 2013.

Representing the two institutions are the following:

For Enterprise Bank – Atty. Ronald E. Alvizo, Chairman of Board and President  and Venus M. Sejalbo, Cluster Head for Agusan del Sur and Surigao del Sur area.

For ASELCO – Engr. Emmanuel B. Galarse – General Manager, Dir. Joel Q. Jumanong-Board President and Mr. Francisco L. Suarez, Jr. Finance Manager.