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Showing posts with the label Covid-19 pandemic

BDO Network Bank brings its exemplary community service online

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BDO Network Bank (BDONB) has been more than just a business in the communities that it serves. The rural bank has become a valuable member of each community, responding to their financial needs and even beyond. SAMA-SAMA TAYO. Despite the ongoing pandemic and the enforcement of the enhanced community quarantine, BDO Network Bank continues to serve its clients, especially small businesses urgently in need of a financial boost during these tough times However, the various lockdowns have put many businesses on hold. As a result, business owners and their employees find themselves struggling to maintain their livelihoods. A loan as a lifeline As sales dwindle for many businesses due to the lack of customers, loans from banks and financial institutions are necessary to keep them afloat and tide them over until the economy recovers. This was true for a 51-year old seamstress in Davao City, who was struggling to sustain her sewing and apparel business. She was lucky enough to receive a huge o...