DBP installs ATMs in Ticao Island, Masbate

by The Manila Times

Nov 08, 2021 12:06 am

THE Development Bank of the Philippines (DBP) recently installed automated teller machines (ATMs) in the underbanked municipalities of San Jacinto and San Fernando in Ticao Island in the province of Masbate, a top official said.

DBP President and Chief Executive Officer Emmanuel Herbosa said the installation of two ATMs in the remote island was the first time by a universal bank and was part of the bank's thrust to promote financial inclusion, especially in unbanked and underserved areas in the countryside.

Shown in photo during the ribbon-cutting ceremony of the Development Bank of the Philippines (DBP) automated teller machines in the local government unit of San Jacinto are (from left) DBP Assistant Manager Eugene Alej Espenilla and Mayor Ciceron Altajeros. CONTRIBUTED PHOTO

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