Bancommerce, Petron in strategic tie-up | Inquirer Business

Bancommerce, Petron in strategic tie-up

/ 08:43 PM June 12, 2011

Bank of Commerce (Bancommerce) has garnered yet another landmark achievement with the relocation of its former Acropolis branch to the Eastwood C5 Petron service station in Barangay (village) Bagumbayan, C-5, Quezon City.

This first Bancommerce branch at a Petron service station marks the first milestone in the bank’s strategic partnership with Petron Corp., which is owned by conglomerate San Miguel Corp.

The establishment of branches in Petron service stations is part of the bank’s strategy to reach out further to its target clients through synergies with SMC and its subsidiaries such as Petron. It is also in line with the bank’s goal of becoming one of the country’s leading commercial banks.

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“This first branch demonstrates the strength of the Bancommerce and Petron collaboration, as it is in line with the bank’s vision to help build a better nation by serving Filipino families and corporations, one banking transaction at a time,” Deo Jacinto, SVP and branch banking head, said.

Bancommerce offers a wide range of financial products and services, including deposit and investment products, corporate banking, consumer banking, cash management services, treasury and trust services, asset management, and trade facilities.

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TAGS: Banking, Petron, Quezon City

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