Producers Bank opens its sixty-eighth (68th) branch at Maharlika Highway, H. Concepcion, Cabanatuan City on December 29, 2011. This will be the eighth (8th) branch opening of Producers Bank in the year 2011.
Mr. Edmundo C. Medrano, Vice Chairman, President and COO, is pleased to announce the opening of the second (2nd) branch of Producers Bank in the City of Cabanatuan. Mr. Medrano mentioned that the opening of Cabanatuan South Branch is perceived to further strengthen the presence of the Bank in the City and to increase its market base.
Mr. Rolando B. Simbulan, a veteran banker, leads Cabanatuan City South Branch as Area Marketing Head and con-current Branch Marketing Head. Customer-service oriented personnel make up the officers and staff of the branch, namely, Ms. Joymee P. Santos as Cashier, Ms. Analyn L. De Guzman as Marketing Officer, Ms. Gretchen S. Reyes as bookkeeper and Ms. Marie Fe B. Coronel as NAC/ Marketing Assistant and Mr. Rafael N. Bayan as Teller.
Cabanatuan City is a first class, urban city in the province of Nueva Ecija. The city is considered the commercial, industrial and educational hub of the province.
The City is strategically located in the heart of the Province of Nueva and is bounded on the North by the Municipalities of Talavera and General Natividad, on the East by the City of Palayan and the Municipality of Laur, on the South by the Municipality of Sta. Rosa and on the Northwest by the Municipality of Aliaga.
With a total land area of 19,228.63 hectares, Cabanatuan City is an inseparable part of the Rice Granary of the Philippines. Approximately 58.19% of its total land area are agriculturally developed and utilized as farmland, grazing land and fishponds.
The City of Cabanatuan has a population of 259,267 people in 45,424 households based on the latest census. A larger portion of the population is concentrated in the urban area. It is the largest city in the province and fifth all over the region.
Cabanatuan City boasts of the presence of a number of banks, schools, hospitals, telecommunication company business centers, shopping centers, car companies, etc. The City is considered as one of the most competitive cities for doing business in the country.
Mr. Andres M. Cornejo, Chairman and CEO, has expressed his genuine gratitude for the continuous success of Producers Bank Cabanatuan North Branch. He further mentioned that he is hopeful and positive that Cabanatuan South Branch will enjoy the same growth in terms of loans and deposits.
Producers Bank now has fifteen (15) branches in the province of Nueva Ecija. Producers Bank Cabiao Branch was recently opened last September 30, 2011 while Zaragoza Branch also opens on December 29, 2011.