Connect with us

Hi, what are you looking for?

News

Veterans Bank expands ATM network

Amidst the ongoing pandemic, Philippine Veterans Bank (PVB) expanded its VeteranTeller ATM Network especially in the countryside where convenient and easy access to cash is much needed by the local populace.

PVB has already deployed a total 81 GRG-branded H22V model ATMs as of October as part of its ATM expansion program with 19 more on the way. Out of the total number already operational, 70 of these ATMs have been installed offsite at public facilities such as hospitals, city or municipal halls, provincial capitals, government offices, or public markets while the rest of the newly-installed machines were at the Bank’s branches.

Nineteen (19) of the ATMs already deployed were for replacement of older or defective units that regularly break down. These include the City and Municipal Halls of Trece Martirez, Marikina, Angat, Tayabas, Rodriguez, Malvar, Lobo, Tanauan, Banga; at the Provincial Capitol of Batangas; at the Marikina Sports Complex; in hospitals including the De Vera Medical Center in Santiago City, Isabela; the Philippine Port Authority offices in the North and South Harbor; at the PVAO Building in Camp Aguinaldo; and at the National Housing Authority offices in Pasig City.

On the other hand, the remaining 61 ATMs were new installations in PVB branches – Imus, Tacloban, San Pablo, Pagadian, General Santos, Santiago, Taguig, Cagayan de Oro, Laoag and Zamboanga; and in Provincial Capitol Buildings such as Palawan, Zamboanga del Sur, Rizal, and Pampanga, plus an additional ATM for the Provincial Government of Batangas.

Cities and municipalities accounted for the biggest beneficiaries of the PVB ATM roll-out. Cities where VeteranTeller ATMs were deployed include Antipolo, Trece Martirez (Cavite), Legaspi (Albay), Koronadal, and San Pedro (Laguna). In addition, the City of Marikina received an additional ATM on top of its replacement units while one of its barangays, Brgy. Concepcion Uno, also received their own ATM at their barangay hall. For municipalities, PVB has installed new ATMs at Sto. Domingo (Albay), Angat (Bulacan), Tayabas (Quezon), Surallah (South Cotabato), Anda in Bohol, Carmen (Agusan del Norte), San Pascual (Batangas), Canaman and Milaor which are both in Camariner Sur, Calumpit (Bulacan), Lingayen (Pangasinan), Binangonan (Rizal), Bustos (Bulacan) and Bauang in La Union.

The Bank also deployed new ATMs at the following locations: Caticlan Jetty Port in Malay, Aklan, Nueva Ecija Electric Cooperative 1 Head Office in Nueva Ecija, Bicol Regional Training and Teaching Hospital in Legaspi City, Department of Health Region 9 in Zamboanga City, Department of Education Offices in San Fernando, La Union; General Santos City; and Pagadian City; PhilHealth Cebu Office along Gorordo Avenue, San Pascual Public Market in Batangas, AFP Finance Center – Multi Purpose Coop along Bonny Serrano in Quezon City, Gerona Public Market in Tarlac and the Ospital ng Muntinlupa in Alabang

While the advent of the pandemic has increased the reliance on and the usage of digital and online banking resulting in the adoption of a cash-lite mentality, there is still a considerable demand for cash especially true in the countryside. PVB’s ATM expansion is the Bank’s way of responding to the needs and requests of their clients.

Spotlight is BusinessWorld’s sponsored section that allows advertisers to amplify their brand and connect with BusinessWorld’s audience by enabling them to publish their stories directly on the BusinessWorld Web site. For more information, send an email to online@bworldonline.com.

Join us on Viber to get more updates from BusinessWorld: https://bit.ly/3hv6bLA.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

A worker of Ayala Corp’s Integrated Micro-Electronics Inc. (IMI) solders an automotive computer component part at an electronics assembly line in Binan, Laguna south...

News

MARI GIMENEZ-UNSPLASH THE NATIONAL Government plans to borrow P200 billion from the domestic market in July, the Bureau of the Treasury (BTr) said on...

News

SCOTT GRAHAM-UNSPLASH PHILIPPINE PRESIDENT Rodrigo R. Duterte has signed an order updating the list of investment areas where foreign ownership is limited or barred....

News

ETIENNE GIRARDET-UNSPLASH WHOLESALE PRICES of building materials in Metro Manila jumped to their highest in more than a decade in May as construction activities...

News

MAYNILAD Water Services, Inc. targets to distribute starting in July up to 10 million liters per day (MLD) of its “new water” or treated...

News

SOLAR Philippines Power Project Holdings, Inc. was able to forge contracts for at least 60% of the 10 gigawatts (GW) of energy capacity that...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Financial Advisors

The healthcare ecosystem is one that has thrived on the cusp of scientific progress, benefitting enormously from the winds of change in the technological...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.