(Article from BusinessMirror)
AL AMANAH Islamic Investment Bank of the Philippines (AIB), a subsidiary of the Development Bank of the Philippines (DBP), will play a vital role in the rehabilitation of war-torn Marawi City and the development of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
Standing from left: AIB Marawi Branch Personnel: Fatima Marangit, Sittierohsanie Faisal, Aiman Sultan, Nasima Abdulbasit, Mohammad Usman, Amilolkhair Botawan;
Seated from left: UN Habitat Livelihood Officer Francia Villavicencio, UNH Project Manager Warren Ubongen, Amanah Islamic Bank Branch Head Sarima Punguinagina and UN Habitat Finance and Admin Assistant Gennie Febe Bulaclac Bulaquena.
Standing from left: AIB Marawi personnel Fatima Marangit, Aiman Sultan, Nasima Abdulbasit, UNH Project Manager Warren Ubongen, Sittierohsanie Faisal Mohammad Usman, Amilolkhair Botawan;
Seated from left: UN Habitat Finance and Admin Assistant Gennie Febe Bulaclac Bulaquena, Amanah Islamic Bank Branch Head Sarima Punguinagina and UN Habitat Livelihood Officer Francia Villavicencio.
The UNH Group, headed by its Country Manager Christopher E. Rollo (3rd from left), went to the Executive Office of AIB in Makati to meet with its Chairman and CEO Alex P. Bangcola (2nd from right) to finalize the Agreement on the PHP300M Housing and Livelihood Project for implementation from 2019 to 2020.
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AIB Head of Treasury Nursalyn H. Ladjabassal, UN Habitat Finance and Admin Officer Valerie V. Ong, UN Habitat Country Manager Christopher E. Rollo, AIB COO Atty. Tarhata Imelda F. Macarambon, Former Branch Head Marawi Sarima M. Punguinagina, AIB Chairman and CEO Alex P. Bangcola and AIB Head of Investment Banking Arleth A. Mendoza.
(Article from EasyDebitAsia)
Fexco, one of the world’s leading independent financial technology providers, has today announced its partnership with Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) or Amanah Islamic Bank (AIB). Fexco’s EasyDebit microATM is the country’s first mobile cash withdrawal solution. The partnership with AAIIBP, a subsidiary of Development Bank of the Philippines (DBP), marks further expansion by Fexco in the Philippines.
In the celebration of Amanah Islamic Bank’s 46th year, AIB launched its General Islamic Investment Account (GIIA) and Trust Waqf Fund (TWF), where Chief Minister Al-Hajj Murad Ebrahim of Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) graced and showed his full support to the Bank.
Expressing his appreciation for the invitation for the important occasion, CM Murad recalled that Chairman and CEO Alex P. Bangcola is one of the first visitors in the new BARMM, where Chairman Bangcola made a presentation about the features and potentials of the Islamic Bank. CM Murad appreciated the presentation and saw the potentials of the Bank and hence he told Chairman Bangcola that AIB and BARMM should work as partners.
The Amanah Islamic Bank (AIB) and the Provincial Government of Bataan through their representatives Alex P. Bangcola, Chairman and CEO and Albert S. Garcia, Provincial Governor, respectively, signed on August 8, 2019 a Memorandum of Agreement to form a Joint Venture to implement the projects of Gov. Garcia for the Province of Bataan.
Governor Albert S. Garcia and Chairman and CEO Alex P. Bangcola
The two Heads of Agencies with their Staff as they pose for a photo shoot after signing the MOA
The project stipulated in the MOA with a total estimated development cost of nearly PHP283B shall be for the construction of the following:
- The Manila Bay Bridge;
- The Bataan International Port Terminal in the Freeport Area of Bataan;
- The Freeport Area of Bataan (FAB) Mixed-use Seaport, Central Business District (CBD) and Offshore Financial Center; and
- Bataan Government Center and Balanga Convention and Central Business District at the Provincial Capitol Compound
The Bank engages its services to the Province of Bataan to provide Capital Raising Services for its Project Development via Sukuk in a joint effort with suitable funders preferably from the Middle East and/or ASEAN countries.
As part of Amanah Islamic Bank’s 46th year celebration on August 30, 2019, where the General Islamic Investment Account (GIIA) and Trust Waqf Fund (TWF) were launched, the 2nd Program on Awards and Incentives for Service Excellence (PRAISE) was likewise held.
Bagging the "Best Organization Unit Award" for FY 2018, the General Santos Branch received a plaque and a cash reward of P5,000.00.
Loyalty Award Certificates were also granted to employees who have served 10 years or more of continuous and satisfactory service to the Bank. The grantees that were given a certificate of recognition and cash awards were as follows:
- Ms. Janet L. Chua (20 years)
- Mr. Nasor P. Abdullatif (10 years)
- Ms. Nieser G. Malinao (10 years)
- Ms. Fatimah R. Marangit (10 years)
Recognizing their efforts, achievements, and contributions, the following were likewise given incentives:
- Wow Award (for his Very Satisfactory Performance as employee of the Bank for CY 2018)
Recipient: Mr. Joe Bryan E. Abayon
- Hyper Helper Award (for his commendable contribution on the successful reconstruction and inauguration of the New Marawi Branch)
Recipient: Mr. Amilolkhair S. Botawan
- Bringing It Beyond Award (for his notable contribution in improving the economic viability of Jolo Branch)
Recipient: Mr. Al-Khram A. Pandangan
The annual holding of the activity is in compliance with the Revised Policies on Employee Suggestions and Incentive Awards System (ESIAS) provided under CSC MC No. 01, s. 2001 and CSC Resolution No. 010112 which intend to encourage creativity, innovativeness efficiency, integrity and productivity in the public service by recognizing and rewarding officials and employees, individually or in groups for their suggestions, inventions, superior accomplishments and other personal efforts which contribute to the efficiency, economy, or other improvement in government operations, or for other extraordinary acts or services in the public interest.
Finally, Mr. Amer Hussien Y. Mitmug, Acting Branch Head, has likewise been recognized for his remarkable contribution in the relocation of Makati Branch & Makati Executive Office at Greenhills, San Juan City now called AIB Greenhills SJC Branch and Metro Manila- Executive Office, respectively. With this, Mr. Mitmug is said to be the First Branch Manager of the Greenhills SJC Branch.
Ms. Janet L. Chua, the lady who is known to possess the “institutional memory of the Bank” receiving her Loyalty Award Certificate from COO, Atty. Imelda Tarhata F. Macarambon, for serving the Bank for 20 years. The Bank hopes to give Ms. Chua another milestone of an award!!
The Head of Operations, the man who is always in action and can be seen anywhere and everywhere, Mr. Nasor P. Abdullatif, finally decided to take a break for a photo to show his Loyalty Award Certificate for serving the Bank for 10 Years.
Ms. Nieser G. Malinao, Davao Branch Cashier, smiles for the photo op she receives her Loyalty Award Certificate for serving the Bank for 10 Years. “Nice”, as she is fondly called by her colleagues, always wear that big smile on and off camera. Keep it up, Nice!
The Branch Accountant of Marawi, Ms. Fatima R. Marangit, displays her Certificate of Loyalty Award for serving the Bank for 10 Years. Fatima is one of the brave souls who survived the war that broke out in Marawi in 2017.
Mr. Amer Hussien Y. Mitmug as he receives the Plaque of Appreciation for being the last Branch Head of Makati Branch and first Branch Head of Greenhill, SJC branch. “Ngiting Tagumpay!”