Wednesday July 30, 2003
Plantersbank Awarded for Consistent Bank Excellence in SME Finance
Planters Development Bank (Plantersbank) was recently awarded by Small Business Corporation (SBCorp) the Most Distinguished Partner Award under the Guarantee Program and the Special Award of Consistent Bank Excellence under Omnibus Credit Program for small and medium enterprises (SMEs). Her Excellency President Gloria Macapagal-Arroyo bestowed the two awards to Plantersbank chairman and chief executive officer Jesus P. Tambunting during the SME Week awarding ceremonies at Malacañang Palace. Also present are (from left to right) SBCorp chair and chief executive officer Zorayda Amelia C. Alonzo and Department of Trade and Industry Secretary Mar S. Roxas III.
Plantersbank, the country’s largest private development bank, is fully committed to developing the country’s SME sector whose potential for economic growth remain largely untapped. Backing its mission are prestigious foreign institutional shareholders such as the World Bank’s International Finance Corporation, Netherlands Development Finance Company and the Asian Development Bank.