2004 EAGLE Awardees Announced
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The MABS Program announced the EAGLE Awardees for 2004 at ceremonies held April 26 in Davao City. Participating banks Bangko Kabayan, First Isabela Cooperative Bank, Maranao Rural Bank, GreenBank of Caraga, and Cantilan Bank received EAGLE Awards in recognition of their excellent performance in managing their MF operations. Two of the winners, Bangko Kabayan and Cantilan Bank, received their third EAGLE Award this year.
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Since developing the EAGLE Rating System in 2002, the MABS Program has recognized PBs that have attained outstanding EAGLE scores. EAGLE scores are based on five components (Efficiency, Asset quality, Growth, Liability structure, Earnings). MABS also awarded compliance certificates to four new PBs: the Rural Bank of Goa, CARD Rural Bank, Rural Bank of Placer, and Rural Bank of San Enrique. Compliance certifications are given to new PBs trained by MABS Service Providers (MSPs)– organizations trained and licensed to rollout MABS ApproachTraining and Technical Services – that meet bank wide and MF specific indicators.
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MABS Chief of Party John Owens (extreme left) presents the plaque to the staff of three-time EAGLE Awardee Cantilan Bank (CB). Photo also shows (left to right) MABS Mindanao Regional Manager Eduardo de Castro, MABS Deputy Chief of Party Meliza Agabin, RBAP President Senen Glorioso, USAID Deputy Mission Director Frank Donovan, BSP SED Director Wilfredo Domo-ong, CB President William Hotchkiss III, General manager Raul Urbiztondo, and MFU Head Eric Mendiola.
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