Banco Dipolog, Inc.
An Impressive Heritage
Banco Dipolog, formerly the Rural Bank of Dipolog, Inc. (RBDI), being incorporated on October 17, 1957, came out as the first bank established in Dipolog City. It was organized for the purpose of carrying and engaging in business of extending rural credit to small farmers and tenants and to deserving industries and enterprises; and with only three employees. The stockholders were, and still are, comprised of family groups, with some shares owned by bank employees.
In 1989, Banco Dipolog rejoiced over its greatest achievement after being cited as the Top Rural Bank for Region IX by the Rural Bank Association of the Philippines.
As Banco Dipolog entered the late 90s, it recognized the need to address the changing face of the market and the industry. In continuing to strengthen partnership with its clientele, it expanded its services and product offerings.
Banco Dipolog continued to go on with its journey, with accomplishments being made one leap at a time until in 1998, the started operations for two branches. The first branch was opened in Dapitan City and the second branch in Sindangan, Zamboanga del Norte. Banco Dipolog further broke new ground in 2006 with the addition of Ipil Branch to its banking network. During the year ended December 31, 2008, it graciously opened its fifth branch in Pagadian City, Zamboanga del Sur. Five Microfinance Kiosks were also opened in Oroquieta City, Pinan, Manukan, and Liloy, Zamboanga del Norte; and in Molave, Zamboanga del Sur.
As a company that strategically schemes and applies the results of thorough market research, Banco Dipolog moves toward the bolstering of marketing efforts in generating more prospects for continued success. The Management also anticipates that it will set itself apart from other rural banks currently on the market. Despite the turmoil in the Philippine economy, Banco Dipolog will continue to bear the challenges of the years ahead. It will, however, remain committed to its target of exemplary returns to its shareholders. For them, Banco Dipolog has surpassed five decades of experience in the safe handling of funds, and pledges to continue to apprise them of the strategic goals to achieve sustained long-term profitability. Safe cost-cutting systems will also be developed to obviate the need for some routine expenditures.
Steadily and firmly, the focus is now confined to research and development moves and the opportunities for corporate advertising that will ever provide Banco Dipolog the glowing cutting-edge that it genuinely deserves.
Zamboanga - Dumaguete City
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