By Ted P. Torres (The Philippine Star) Updated September 20, 2011 12:00
AM Comments (0)
MANILA, Philippines - One Network Bank (ONB) is spending a total of P212
million for the expansion of its electronic banking (e-banking)
capabilities, automated teller machine (ATM) distribution network as
well as its seven-story corporate center.
ONB is the widest and technologically-advanced rural bank in the country
today with 81 branches and 104 ATMs.
According to ONB president and chief executive officer Alex V.
Buenaventura, roughly half of the budgeted expenditures will go to the
construction of its seven-story ONB Center located along Kilometer 9,
Sasa, Davao City.
"However, an additional P120 million will still be required for
architectural finishes, equipment and furniture and fixtures. The total
estimated project cost for the ONB Center is P240 million," Buenaventura
said.
The 9,670-square meter building, with a footprint of 1,182 square meters
per floor and an additional 1, 396 square meters for the basement,
features three state-of-the-art training rooms, a 200-seat modern
cafeteria, two executive dining lounges, a customer service call center,
spacious offices including a modern data center, a conference room with
videoconferencing facility, and a roof deck that can accommodate more
than 1,000 people for multi-purpose functions including sports and
employee and stockholder meetings.
The roof deck will also have a chapel and a gym. There is basement
parking area for 41 cars of ONB executives and 41 parking slots in the
surrounding open areas for clients.
It will house all of ONB's support units presently made up of 325 head
office employees.
"This demonstrates the ONB's commitment to providing better and more
streamlined services to its countryside clients," Buenaventura added.
Meanwhile, a total of P17 million would be allocated for the
installation of 36 more PeraAgad ATM units, bringing to a total ATM
network of 140 ATMs by yearend.
Another P11 million will be spent for the second ONB e-banking channel
called ONB Online Banking, the bank's internet banking facility which
will be launched before the end of this year. This new e-banking
facility will allow clients to do their banking transactions as well as
pay bills and transfer money to other ONB deposit accounts through the
Internet without having to go to ONB branches.
The P3-million, ONB Help Line, meanwhile, will be the customer service
call-center facility to respond to calls from clients for complaints and
inquiries through call center number (082) 233-7777.
Buenaventura said that ONB will be opening new branches in Pasong Tamo
Extension in Makati City; a second branch in Butuan City; Esperanza in
Sultan Kudarat; and Sangali, Zamboanga City, which will cost P 31
million of the total branch expansion and renovation budget.
It will likewise be relocating existing branches to bigger bank-owned
sites in areas such as Cabadbaran, Agusan Del Norte, Surigao City and
Libungan, South Cotabato. Branch renovations will likewise be undertaken
on its branches in Bansalan, Don Carlos, Monkayo and Compostela.
The ONB chief executive said that by yearend, ONB would be operating a
total number of 85 branches and 140 PeraAgad ATMs all over Mindanao and
Makati City.
--
---------------------------------------------
CARLOS ANI - SEEDFINANCE Corporation - http://www.seedfinance.net
Email: carlosani@seedfinance.net
Landline Phones: +63495010127 and +63495762924
Cellphone: +639152919580
DEVJOBS - http://www.devjobsmail.com
PHILDEVFINANCE - http://phildevfinance.posterous.com
CONSULTING - http://www.carlosani.com
My News Clippings - http://www.myclipps.posterous.com
Family website: http://www.anifamily.net
------------------------------------------
