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Archive for April, 2009

GM Bank’s Laur Satellite Office: Bringing Mobile Phone Banking Technology to the Rural Microfinance Market

About 15 kilometers from Palayan City, Nueva Ecija lies the municipality of Laur, the home of GM bank’s satellite office (or other bank office - OBO), which opened in August 2008. A third class municipality with about 5,500 households or 30,900 people, Laur serves as an ideal place to accommodate both existing and potential bank clients.

To get to Laur, one has to drive along this winding road.

To get to Laur, one has to drive along this winding road.

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GM Bank’s Security Guard Enjoys Benefits of Mobile Phone Banking

Who says only clients can enjoy rural banks’ mobile phone banking services (MPBS)?

Mr. Catalino Vegiga, the security guard of GM Bank’s Laur satellite office (or other bank office, OBO) in Nueva Ecija, receives his monthly salaries directly through his mobile phone.

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