Banco Dipolog
[4][5] Banco Dipolog started in 1957 by Justice Florentino Saguin who retired from government service due to his various capacities.Florentino said to his son, ”I want to spend what little time I have left and what little resources I possess for the benefit of the small people from where I came.” And so the decision was final.They started with a manpower of only three people with Augusto as the Manager, Mrs. Gregoria Espiritu, CPA as the Bookkeeper – Accountant, and Mrs. Araceli Zapanta as Cashier – Teller.In 2014, The Philippine Bank of Communications (PBCOM) signed a memorandum of agreement with the Controlling Stockholders of Banco Dipolog.The agreement will give PBCOM a majority stake of Banco Dipolog, subject to the Central Bank's approval.
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