D.M. Consunji bags P8B contract
MalayaBusinessInsight (http://www.malaya.com.ph/feb23/busi4.html)

http://davaodaily.com/wp-content/uploads/2011/05/one-network-bank-office.png
courtesy of davaodaily.com

BY ALBERT RUELLE D. CASTRO
Listed DMCI Holdings Inc. (DMCI) yesterday said its construction unit D.M. Consunji Inc. has bagged a P8.59 billion contract to build a gaming complex at the Pagcor City in Pasay.

The contract with Sureste Properties Inc., which is investing $1 billion into the gaming venture, covers construction and development of an 11-story hotel and a three-level entertainment podium with a covered floor area of 180,000 sq.m. Construction will run for 22 months.

Sureste Properties, which is controlled by Enrique K. Razon, is a partner of Bloomberry Resorts and Hotels Inc. for the development of the casino complex.

D.M. Consunji will also build the P625 million Makati Diamond Residences of the San Miguel Group. Makati Diamond Residences is a 28-floor, four-basement residential condominium in Legaspi Village in Makati. Building will take 26 months.

Completing the list of D.M. Consunji’s new contracts is the P117 million One Network Bank office in Sasa, Davao City, which will serve as the headquarters of Mindanao-based lender.

^^ where\'s the pic? :dunno: I think andun sa davao projects thread eheheh post mo rin dito :)

ONB to build new headquarters

Written by: Francisco , Carmelito Q.
Monday, 14 February 2011

ONE Network Bank, considered the widest rural bank in the country in terms of reach, is building a P230-million seven-story main headquarters.

Alex V. Buenaventura, president of the bank, said the building of the new headquarters is among the key programs of the bank this year.

The bank needs the headquarters considering that it will continue expanding this year with 10 branches already in the pipeline, among them a branch in Makati City as rural banks are allowed to apply for a branch in the financial capital of the country.

The budget for the headquarters is about a fourth of the P800 million that the bank is planning to spend this year for its branching and the rollout of the points of sale facilities. Buenaventura said the construction of the new building is scheduled to be completed in Janaury next year.

Aside from Makati City, the bank is also setting up five branches initially for areas in the Visayas and the remainder will be in Mindanao, including the one in Baganga, Davao Oriental.

The bank is setting aside P15 million for the setting up of each branch and another P15 million for the capital of the branch.

“In terms of expansion (in Mindanao), I think we are already in the 80% level,” said Buenaventura, adding that the bank already has 81 branches of the 100 branches that it is targeting in Mindanao, particularly the areas that are either unbanked or underbanked.

With the wide reach, the bank is able to offer to the countryside services that only commercial banks are offering like automated teller machines and check clearing. On the checks clearing,
Buenaventura is even the only rural bank that has this service.

The bank is also allocating P50 million for the rollout for information and communications technology software and hardware facilities.

This year, the bank is rolling out about 1,000 point of sale systems, although the bank is not spending for the systems as these are to be rented.

http://www.mindanaotimes.net/?p=17418

ONB to build new headquarters

Written by: Francisco , Carmelito Q.
Monday, 14 February 2011

ONE Network Bank, considered the widest rural bank in the country in terms of reach,
is building a P230-million seven-story main headquarters.


http://www.mindanaotimes.net/?p=17418


:okay:

ONB to build new headquarters

Written by: Francisco , Carmelito Q.
Monday, 14 February 2011

ONE Network Bank, considered the widest rural bank in the country in terms of reach, is building a P230-million seven-story main headquarters.

Alex V. Buenaventura, president of the bank, said the building of the new headquarters is among the key programs of the bank this year.

The bank needs the headquarters considering that it will continue expanding this year with 10 branches already in the pipeline, among them a branch in Makati City as rural banks are allowed to apply for a branch in the financial capital of the country.

The budget for the headquarters is about a fourth of the P800 million that the bank is planning to spend this year for its branching and the rollout of the points of sale facilities. Buenaventura said the construction of the new building is scheduled to be completed in Janaury next year.

Aside from Makati City, the bank is also setting up five branches initially for areas in the Visayas and the remainder will be in Mindanao, including the one in Baganga, Davao Oriental.

The bank is setting aside P15 million for the setting up of each branch and another P15 million for the capital of the branch.

“In terms of expansion (in Mindanao), I think we are already in the 80% level,” said Buenaventura, adding that the bank already has 81 branches of the 100 branches that it is targeting in Mindanao, particularly the areas that are either unbanked or underbanked.

With the wide reach, the bank is able to offer to the countryside services that only commercial banks are offering like automated teller machines and check clearing. On the checks clearing,
Buenaventura is even the only rural bank that has this service.

The bank is also allocating P50 million for the rollout for information and communications technology software and hardware facilities.

This year, the bank is rolling out about 1,000 point of sale systems, although the bank is not spending for the systems as these are to be rented.

http://www.mindanaotimes.net/?p=17418

tnx a lot sa info nbrDVO :)

Good! A 7F Financial HQ in the City is definitely welcome! :cheers:

ONB to build new headquarters

Written by: Francisco , Carmelito Q.
Monday, 14 February 2011

ONE Network Bank, considered the widest rural bank in the country in terms of reach, is building a P230-million seven-story main headquarters.

Alex V. Buenaventura, president of the bank, said the building of the new headquarters is among the key programs of the bank this year.

The bank needs the headquarters considering that it will continue expanding this year with 10 branches already in the pipeline, among them a branch in Makati City as rural banks are allowed to apply for a branch in the financial capital of the country.

The budget for the headquarters is about a fourth of the P800 million that the bank is planning to spend this year for its branching and the rollout of the points of sale facilities. Buenaventura said the construction of the new building is scheduled to be completed in Janaury next year.

Aside from Makati City, the bank is also setting up five branches initially for areas in the Visayas and the remainder will be in Mindanao, including the one in Baganga, Davao Oriental.

The bank is setting aside P15 million for the setting up of each branch and another P15 million for the capital of the branch.

“In terms of expansion (in Mindanao), I think we are already in the 80% level,” said Buenaventura, adding that the bank already has 81 branches of the 100 branches that it is targeting in Mindanao, particularly the areas that are either unbanked or underbanked.

With the wide reach, the bank is able to offer to the countryside services that only commercial banks are offering like automated teller machines and check clearing. On the checks clearing,
Buenaventura is even the only rural bank that has this service.

The bank is also allocating P50 million for the rollout for information and communications technology software and hardware facilities.

This year, the bank is rolling out about 1,000 point of sale systems, although the bank is not spending for the systems as these are to be rented.

http://www.mindanaotimes.net/?p=17418

Nice thread..... pero asa na man ang official rendering? :dunno:

Very Very Nice. Another huge project sa North Davao! :D

sister company man ang dmci and onb.

http://davaodaily.com/wp-content/uploads/2011/05/one-network-bank-office.png

ang bag o na rendering ani naa sa ilang monthly news,..pede man cguro mangayu...3 wks ago mn ko nakakita sa design, naa lang gamay chages sa design....

congratulations Dabawenyos for this 1st in Mindanao's HQ bank! :applause:

Good! A 7F Financial HQ in the City is definitely welcome! :cheers:
P230 million could probly buy out a depreciateing value of durian hotel:D nice for a bank headquarter imo. gives them freedom of space utilisation. and lease out spare spaces for more income:D

http://davaodaily.com/wp-content/uploads/2011/05/one-network-bank-office.png

^^ 7 or 8 floors to sya ang bag-ong render ani, naa sa actual site..:)
taas na sya karon from 5 to 7or8 floors na sya :)

^^ 7 or 8 floors to sya ang bag-ong render ani, naa sa actual site..:)
taas na sya karon from 5 to 7or8 floors na sya :)

nice info, at least dagdag sa floors dili bawas parehas sa alveo. :)

nice info, at least dagdag sa floors dili bawas parehas sa alveo. :)

@Yre mao gyud, sige lang tong Abreeza Res. baceg ma suprisa na pud ta ana niya puhon baceg patas-on pa ang 26 to 30+ jejeje :lol:

okay ito na, katkat version :rofl:


http://a1.sphotos.ak.fbcdn.net/hphotos-ak-snc4/39161_1456083816367_1661510793_1107782_4162299_n.jpg

^^ 7 or 8 floors to sya ang bag-ong render ani, naa sa actual site..:)
taas na sya karon from 5 to 7or8 floors na sya :)

...tnx 4d infor @ dj_olrac :okay:
More Progress Davao City :) it's DABAWIZATION time :)

P230 million could probly buy out a depreciateing value of durian hotel:D nice for a bank headquarter imo. gives them freedom of space utilisation. and lease out spare spaces for more income:D

Not a good idea.office buildings are entirely different from that of hotels.You will need millions more for renovating inside out.

Commenced putting up the crane yesterday. They must have completed pile driving, cannot hear the noise in the evenings anymore

Commenced putting up the crane yesterday. They must have completed pile driving, cannot hear the noise in the evenings anymore

Nice! :)

SOCO glenntoy15 pasok! :lol:

installing pictures initiated!

http://a3.sphotos.ak.fbcdn.net/hphotos-ak-snc6/250076_227501660594702_100000046086386_999290_5764806_n.jpg

http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/248736_227501700594698_100000046086386_999291_828206_n.jpg

installing pictures initiated!

http://a3.sphotos.ak.fbcdn.net/hphotos-ak-snc6/250076_227501660594702_100000046086386_999290_5764806_n.jpg

http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/248736_227501700594698_100000046086386_999291_828206_n.jpg

sana ginawa na lang ninlang 15 floors :bash: (katkat ba? :D )

bdw, t crane installing.

Correct me if i am wrong but this is 8 floors in total, right?

installing pictures initiated!

http://a3.sphotos.ak.fbcdn.net/hphotos-ak-snc6/250076_227501660594702_100000046086386_999290_5764806_n.jpg

http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/248736_227501700594698_100000046086386_999291_828206_n.jpg

Nice update bai! Thank you kaayo! :cheers:

Correct me if i am wrong but this is 8 floors in total, right?

7 floors lang..mukhang elevator room and roofdeck access staircase lang yung pang 8

dapat i base unta nato ni sa height para makita jud ang kataas ani.

http://i605.photobucket.com/albums/tt139/nbrDVO/248736_227501700594698_100000046086386_999291_828207_n.jpg

akong gihilabtan gamay ang picture. unta dili masuko si lord glenntoy. :lol:

^^

Looks like it's 8 floors.

^^
same observation

^^

The topmost floor looks a little short but surely that is another usable level.

Its not counted if its area is for minor purposes lang
Case in point Metrobank Uyanguren. One may assume nga 9 storeys ito but Metrobank (at least nung bago pa ang building) used to refer to this building as 8 storeys. That 9th floor is only accessible (If I remember correctly) via the fire exist staircase.bale penthouse lang kasi yan and parang function room lang and they do not refer to it as 9th floor per se

http://i51.photobucket.com/albums/f368/badith/c05.jpg

^^
utility floor, maybe

http://i605.photobucket.com/albums/tt139/nbrDVO/248736_227501700594698_100000046086386_999291_828207_n.jpg

akong gihilabtan gamay ang picture. unta dili masuko si lord glenntoy. :lol:

i think ang top floor ani pwede pa for expansion. just look at metro lifestyle expansion also with g-mall.

OK nalibog ko gamay, are you guys referring to the part nga naay ONB sign or kanang sa likod pa? either way, IMO, its safer to qualify it as 7 since mas clear naman na 7 floors ito than 8 :)

seven lang jud ni. then the roof deck.

installing pictures initiated!

http://a3.sphotos.ak.fbcdn.net/hphotos-ak-snc6/250076_227501660594702_100000046086386_999290_5764806_n.jpg

http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/248736_227501700594698_100000046086386_999291_828206_n.jpg

^^ tnx sa update pis glen :)

http://i75.photobucket.com/albums/i292/naxju/nax98.jpg

http://i75.photobucket.com/albums/i292/naxju/nax100.jpg

http://i75.photobucket.com/albums/i292/naxju/nax99.jpg

^^^I guess that settles it, seven floors lang. Di na ta mo katkat pag ayo kay basin mahulog unya.

7F kung front view pero 8F kung backside view na. :lol:

wow! nice one. naa na jud thread. ngano ang agdao multi purpose walay thread?tungod kay dili sya bonggacious?:lol:

Dba na may thread ang Agdao Building long tym ago? Ganahan baya ko sa design sa building ato... mura siyag building nga nagsuot ug gown... hehehe

WOW! ONB building..... dali ra ni mahuman....

kuyawa na sa network bank ba

pila ka davao based companies ang pede magbutang sa ila hq (hi-rise) sa davao...

(katkat ni sya nga statistic :lol: )

1. onb (u/c)
2. phoenix
3. kimball (aka nccc)
4. anflocor
5. dlpc
6. davao doc
7. davao savings bank (buhi pa ba ni sa crooked road?)
8. jva
9. alcantara & sons
10. dmci
11.cosmopolitan funeral parlor ( :lol: )
pls. add :cheers:

pila ka davao based companies ang pede magbutang sa ila hq (hi-rise) sa davao...

(katkat ni sya nga statistic :lol: )

1. onb (u/c)
2. phoenix
3. kimball (aka nccc)
4. anflocor
5. dlpc
6. davao doc
7. davao savings bank (buhi pa ba ni sa crooked road?)
8. jva
9. alcantara & sons
10. dmci
11.cosmopolitan funeral parlor ( :lol: )
pls. add :cheers:

12. citi hardware / decoarts
13. central warehouse - felcris - central convenience
14. nenita farms
15. dimdi (asaje realty)
16. TADECO
17. EMCOR

tadeco, di na kailangan, naa nasa anflocor sila ug ilahang central office sa panabo.

installing pictures initiated!

http://a3.sphotos.ak.fbcdn.net/hphotos-ak-snc6/250076_227501660594702_100000046086386_999290_5764806_n.jpg

http://a5.sphotos.ak.fbcdn.net/hphotos-ak-ash4/248736_227501700594698_100000046086386_999291_828206_n.jpg

maayo ky naa na jud xay T-Crane... :cheers2:

12. citi hardware / decoarts
13. central warehouse - felcris - central convenience
14. nenita farms
15. dimdi (asaje realty)
16. TADECO
17. EMCOR

18. Dapecol ( :rofl: )

12. citi hardware / decoarts
13. central warehouse - felcris - central convenience
14. nenita farms
15. dimdi (asaje realty)
16. TADECO
17. EMCOR


18.Bonbon:ohno:
19.Happy Imporium:lol:
20.Bhavna :nuts:
21.RDL:okay:
22.Davao Bombay Bazaar:lol:
23.Oroderm:okay:

Stanfilco (DOLE) -> Dili homegrown but one of the biggest companies na naay Office diri sa Davao

18.Bonbon:ohno:
19.Happy Imporium:lol:
20.Bhavna :nuts:
21.RDL:okay:
22.Davao Bombay Bazaar:lol:
23.Oroderm:okay:

pwede e add ang
24. Datu Complex
25. Borgaily
26. Mantex

Stanfilco (DOLE) -> Dili homegrown but one of the biggest companies na naay Office diri sa Davao

Dole website (http://www.dolecsr.com/DoleWorldwide/DoleFreshFruit/Philippines/tabid/446/Default.aspx): "Stanfilco produces and sources bananas and other tropical fruit. It is part of Dole Asia’s operations and is headquartered in Davao City, the Philippines."

More precisely, its HQ in the Philippines is in Belisario Heights after moving from rented space just outside the main entrance of Ladislawa Village. Prior to moving to Belisario Heights, their facilities in Belisario Heights was used for housing their expats (during the 70s). In the early 80s, they bought adjoining lots (to grow their HQ location) and several other lots within Belisario for their smaller offices for the other fruit divisions.

Dole website (http://www.dolecsr.com/DoleWorldwide/DoleFreshFruit/Philippines/tabid/446/Default.aspx): "Stanfilco produces and sources bananas and other tropical fruit. It is part of Dole Asia’s operations and is headquartered in Davao City, the Philippines."

More precisely, its HQ in the Philippines is in Belisario Heights after moving from rented space just outside the main entrance of Ladislawa Village. Prior to moving to Belisario Heights, their facilities in Belisario Heights was used for housing their expats (during the 70s). In the early 80s, they bought adjoining lots (to grow their HQ location) and several other lots within Belisario for their smaller offices for the other fruit divisions.

you should know, because you own the subdivision ;) .... nasaan na kaya yoong mga ex-classmates ko sa ateneo high from honduras, brazil, india, atbp. mga anak sila ng mga expats

sana magtayo sila ng high rise building na hq sa davao in the future :cheers:

Dole website (http://www.dolecsr.com/DoleWorldwide/DoleFreshFruit/Philippines/tabid/446/Default.aspx): "Stanfilco produces and sources bananas and other tropical fruit. It is part of Dole Asia’s operations and is headquartered in Davao City, the Philippines."

More precisely, its HQ in the Philippines is in Belisario Heights after moving from rented space just outside the main entrance of Ladislawa Village. Prior to moving to Belisario Heights, their facilities in Belisario Heights was used for housing their expats (during the 70s). In the early 80s, they bought adjoining lots (to grow their HQ location) and several other lots within Belisario for their smaller offices for the other fruit divisions.

Dito kami nakatira dati(kung san ang present office ng Stanfilco).. My Mom works for the research department.

And the Stanfilco office is just a couple of blocks from our house. wala lang. share lang :lol:

malaki rin ang stanfilco with a tennis court inside. isa pang office nila nasa kabilang street pa ng belisario.

you should know, because you own the subdivision ;) .... nasaan na kaya yoong mga ex-classmates ko sa ateneo high from honduras, brazil, india, atbp. mga anak sila ng mga expats

sana magtayo sila ng high rise building na hq sa davao in the future :cheers:

Hey, Jude. (Di ba kanta 'yon?) Sino-sino sa mga ex-pats ang naging classmates mo? One of the Posas brothers? One of them Enrique (Kike) Posas is a cardiologist with St. Luke's in Manila - married to a Davaoenya.

I remember when ADD had Costa Ricans, Hondurans, etc. Mga mahilig sa football...

malaki rin ang stanfilco with a tennis court inside. isa pang office nila nasa kabilang street pa ng belisario.

Diyan ako natuto nang tennis. During that time most of the expats were American executives...

Hey, Jude. (Di ba kanta 'yon?) Sino-sino sa mga ex-pats ang naging classmates mo? One of the Posas brothers? One of them Enrique (Kike) Posas is a cardiologist with St. Luke's in Manila - married to a Davaoenya.

I remember when ADD had Costa Ricans, Hondurans, etc. Mga mahilig sa football...

omg di ko na maalala ang mga names nila, matagal na na panahon yon, kelangan halungkatin ang mga old yearbooks :lol: yang kike familiar ang name, i believe senior siya sakin..... oo mahilig sila sa football (soccer) at mukha silang mga artista :lol:

deleted

updates

june 11

crane, done

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash4/251303_230087773669424_100000046086386_1018672_643147_n.jpg

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-snc6/255646_230087897002745_100000046086386_1018675_283316_n.jpg

foundation works.
http://a6.sphotos.ak.fbcdn.net/hphotos-ak-ash4/254375_230087807002754_100000046086386_1018673_4808840_n.jpg

http://a7.sphotos.ak.fbcdn.net/hphotos-ak-snc6/259948_230087850336083_100000046086386_1018674_4402456_n.jpg

thanks sa mga pics Sir Glenn... :okay:
grabeng updates ha...;)

good for ONB

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-snc6/255646_230087897002745_100000046086386_1018675_283316_n.jpg

^^ nice one for ONE NETWORK BANK!!!

mas malalim pa yata ang hukay nito kesa sa isang 18 storey bldg. na u/c :lol:


updates

june 11

crane, done

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash4/251303_230087773669424_100000046086386_1018672_643147_n.jpg

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-snc6/255646_230087897002745_100000046086386_1018675_283316_n.jpg

foundation works.
http://a6.sphotos.ak.fbcdn.net/hphotos-ak-ash4/254375_230087807002754_100000046086386_1018673_4808840_n.jpg

http://a7.sphotos.ak.fbcdn.net/hphotos-ak-snc6/259948_230087850336083_100000046086386_1018674_4402456_n.jpg

malay natin 18 storeys din ito dear.

Daghang salamat sa update glenntoy15!

updates

june 11

crane, done

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-ash4/251303_230087773669424_100000046086386_1018672_643147_n.jpg

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-snc6/255646_230087897002745_100000046086386_1018675_283316_n.jpg

foundation works.
http://a6.sphotos.ak.fbcdn.net/hphotos-ak-ash4/254375_230087807002754_100000046086386_1018673_4808840_n.jpg

http://a7.sphotos.ak.fbcdn.net/hphotos-ak-snc6/259948_230087850336083_100000046086386_1018674_4402456_n.jpg

looks like t-cranes are sprouting across the city

malay natin 18 storeys din ito dear.

magdilang anghel ka sana gang... :kiss:

^^ nice update @Don Alberto:lol

^^tnx sa update pics @Glen :)

btaw mas lalum pa ang foundation ani kaysa sa 18 storeys... malay natin 21 ni....eheheheh

thanks @rod, @alen, @dj_orlac. busy na talaga ang onb hq.

thanks for the pics.

Mukhang mabilis ang construction nila.

unta sa pagkapaspas malampas..hahaha :banana:
Contractor: highrise na diay? aw sorry wla mi kapansin...hehehe:lol:

unta sa pagkapaspas malampas..hahaha :banana:
Contractor: highrise na diay? aw sorry wla mi kapansin...hehehe:lol:

hoping and praying :banana::banana::banana:

malay natin 18 storeys din ito dear.
kung unsa ang naa, payts na! :D

labi nag ma-18 stories ni, mas payts! ;)

Happy Father's Day to all great Dads in th world:):)
:dance:

largest mindanao based bank. and philippines largest ?rural bank to date. and one of the fastest growing banks

http://static.panoramio.com/photos/original/54133450.jpg
http://www.panoramio.com/user/5235285?comment_page=1&photo_page=5

reaching out to the remote rural areas whis is good.

not a plant but grows branches. hehe so drowsy have to stop nowlol

http://i75.photobucket.com/albums/i292/naxju/nax98.jpg

http://i75.photobucket.com/albums/i292/naxju/nax100.jpg

http://i75.photobucket.com/albums/i292/naxju/nax99.jpg

MegaLink awards ONB top onsite, offsite for 2010
http://www.sunstar.com.ph/davao/business/2011/06/10/megalink-awards-onb-top-onsite-offsite-2010-160505

ONE Network Bank (ONB), the widest banking network in Mindanao recently received two major MegaLink awards.

These are the 2010 Top Onsite ATM Award for its ONB M'lang North Cotabato Branch PeraAgad ATM with 141,747 interbank transactions as of end 2010 and 2010 Top Offsite ATM Award for its PeraAgad ATM deployed in Gaisano Mall, Cagayan de Oro City with 119,404 interbank transactions as of end 2010.

ONB is the only member bank receiving awards in both award categories.

These awards were given to ONB for its PeraAgad ATMs consistently belonging to the top onsite and offsite ATMs of MegaLink's 2,900 ATMs nationwide.

MegaLink handed out the awards to ONB president Alex V. Buenaventura during its MegaLink Members' Appreciation Cocktails and Shareholders Meeting held last May 24 at the BDO Corporate Center, Makati Ave., Makati City.

The bank became an equity member of MegaLink in 2006, the same year the bank also bagged its first Award for Best-selling Offsite ATM Location in GMall, Cagayan de Oro.

Last year, ONB also bagged the award for 2009 Most Strategically Located ATMs for its 13 PeraAgad ATMs belonging in the top 50 onsite ATMs and another 8 in the top 50 offsite ATMs of MegaLink nationwide.

One Network Bank (ONB) continues to expand its network of ATMs to provide customers with easier access to their money particularly those residing in the countryside. It is currently operating a total of 80 branches and 107 ATMs throughout Mindanao with a cardholder base of 310,000.

ONB recently installed an ATM in its newly opened branch in Babak, Island Garden City of Samal and in Mountain View College a Seventh-Day Adventist Institution located in Mt. Nebo, Bukidnon.

It looks forward to further network expansion with the opening of 5 new branches and installation of additional 36 ATMs by end of 2011.

MegaLink, is the country's pioneering ATM and financial services provider and the first shared operational ATM network in the country with a total of 22 member institutions.

MegaLink awards ONB top onsite, offsite for 2010
http://www.sunstar.com.ph/davao/business/2011/06/10/megalink-awards-onb-top-onsite-offsite-2010-160505

ONE Network Bank (ONB), the widest banking network in Mindanao recently received two major MegaLink awards.

These are the 2010 Top Onsite ATM Award for its ONB M'lang North Cotabato Branch PeraAgad ATM with 141,747 interbank transactions as of end 2010 and 2010 Top Offsite ATM Award for its PeraAgad ATM deployed in Gaisano Mall, Cagayan de Oro City with 119,404 interbank transactions as of end 2010.

ONB is the only member bank receiving awards in both award categories.

These awards were given to ONB for its PeraAgad ATMs consistently belonging to the top onsite and offsite ATMs of MegaLink's 2,900 ATMs nationwide.

MegaLink handed out the awards to ONB president Alex V. Buenaventura during its MegaLink Members' Appreciation Cocktails and Shareholders Meeting held last May 24 at the BDO Corporate Center, Makati Ave., Makati City.

The bank became an equity member of MegaLink in 2006, the same year the bank also bagged its first Award for Best-selling Offsite ATM Location in GMall, Cagayan de Oro.

Last year, ONB also bagged the award for 2009 Most Strategically Located ATMs for its 13 PeraAgad ATMs belonging in the top 50 onsite ATMs and another 8 in the top 50 offsite ATMs of MegaLink nationwide.

One Network Bank (ONB) continues to expand its network of ATMs to provide customers with easier access to their money particularly those residing in the countryside. It is currently operating a total of 80 branches and 107 ATMs throughout Mindanao with a cardholder base of 310,000.

ONB recently installed an ATM in its newly opened branch in Babak, Island Garden City of Samal and in Mountain View College a Seventh-Day Adventist Institution located in Mt. Nebo, Bukidnon.

It looks forward to further network expansion with the opening of 5 new branches and installation of additional 36 ATMs by end of 2011.

MegaLink, is the country's pioneering ATM and financial services provider and the first shared operational ATM network in the country with a total of 22 member institutions.

^^ask lang saan sa Davao yung HeadQuarters ng ONB?

dona pilar, just in front of st. joseph parish, malapit din sa petron tankers.

Pansin ko lang, magkapareho ang color ng 2 Davao's homegrown company. ONB & Phoenix! hehe :D

^^ask lang saan sa Davao yung HeadQuarters ng ONB?
http://www.onenetworkbank.com.ph/

sikat ang may ari ng one network bank diba?

Pansin ko lang, magkapareho ang color ng 2 Davao's homegrown company. OMB & Phoenix! hehe :D

+1 :banana::lol:

Construction of 7-storey bank center in full swing
Sunstar Davao (http://www.sunstar.com.ph/davao/business/2011/06/24/construction-7-storey-bank-center-full-swing-162883)

CONSTRUCTION of the seven-storey corporate building that will serve as One Network Bank's (ONB) central headquarters is now in full swing.

The homegrown ONB, the widest rural banking network in the Philippines with 80 branches and 106 ATMs all over Mindanao, recently held the first pouring of concrete for the construction of its ONB Center at Km. 9 in Sasa, Davao City.

The total project cost is estimated at P200 million, 50 percent of the total capital expenditures (Capex) set by the bank for this year. The other 50 percent of the Capex is allotted for the banks' expansion program.

In an earlier interview, Alex Buenaventura, ONB president, said they expected the ONB Center to be completed by early next year.

The first pouring of concrete started with the blessing of the construction site officiated by Davao City Archbishop Fernando R. Capalla, D.D.

The event was led by Buenaventura, together with ONB vice-chairman Antonio P. Avelino, Board of Director Antonio R. Cabreira Jr., and Architect Pablito P. Labao.

ONB group heads Romulo Guererro and Dario Magnaye, Loreto Dalangin, ONB Civil Works Department head, and Engr. Raymundo P. Pronda of D.M. Consunji Inc. (DMCI) also took part in the ceremony.

The multi-storey corporate center is currently under construction by DMCI, known today as the country's prime "Builder of Landmarks" and pioneer of advanced engineering technology application in Philippine construction.

This future Davao City landmark is a product of collaborative efforts of the country's leading building consultants in structural, electro-mechanical and sanitary engineering as well as in interior design.

Due to be completed in March 2012, the structure, with its 9,670 square meters of space, will unite and be home to all of the 300 ONB head office employees, a move towards streamlining the bank's branch support system in its vision of being the primary provider of modern banking services to Mindanao's countryside.

ONB Center will also house state-of-the-art training facilities for the officers and staff of the bank.

Published in the Sun.Star Davao newspaper on June 24, 2011.

hayun si consunji ang may ari nito at kapartner nya si nuenaventura...dmci,maynilad at part ng petron at meralco din may ari din ang consunji

hayun si consunji ang may ari nito at kapartner nya si nuenaventura...dmci,maynilad at part ng petron at meralco din may ari din ang consunji

:okay:

Construction of 7-storey bank center in full swing
Sunstar Davao (http://www.sunstar.com.ph/davao/business/2011/06/24/construction-7-storey-bank-center-full-swing-162883)

CONSTRUCTION of the seven-storey corporate building that will serve as One Network Bank's (ONB) central headquarters is now in full swing.

The homegrown ONB, the widest rural banking network in the Philippines with 80 branches and 106 ATMs all over Mindanao, recently held the first pouring of concrete for the construction of its ONB Center at Km. 9 in Sasa, Davao City.

The total project cost is estimated at P200 million, 50 percent of the total capital expenditures (Capex) set by the bank for this year. The other 50 percent of the Capex is allotted for the banks' expansion program.

In an earlier interview, Alex Buenaventura, ONB president, said they expected the ONB Center to be completed by early next year.

The first pouring of concrete started with the blessing of the construction site officiated by Davao City Archbishop Fernando R. Capalla, D.D.

The event was led by Buenaventura, together with ONB vice-chairman Antonio P. Avelino, Board of Director Antonio R. Cabreira Jr., and Architect Pablito P. Labao.

ONB group heads Romulo Guererro and Dario Magnaye, Loreto Dalangin, ONB Civil Works Department head, and Engr. Raymundo P. Pronda of D.M. Consunji Inc. (DMCI) also took part in the ceremony.

The multi-storey corporate center is currently under construction by DMCI, known today as the country's prime "Builder of Landmarks" and pioneer of advanced engineering technology application in Philippine construction.

This future Davao City landmark is a product of collaborative efforts of the country's leading building consultants in structural, electro-mechanical and sanitary engineering as well as in interior design.

Due to be completed in March 2012, the structure, with its 9,670 square meters of space, will unite and be home to all of the 300 ONB head office employees, a move towards streamlining the bank's branch support system in its vision of being the primary provider of modern banking services to Mindanao's countryside.

ONB Center will also house state-of-the-art training facilities for the officers and staff of the bank.

Published in the Sun.Star Davao newspaper on June 24, 2011.

Nice! :)

+1 :banana::lol:

bat OMB? :lol:

^^:banana:

.
ONB builds corporate center in Davao City

SUNDAY, 26 JUNE 2011
By: M. Cayon

DAVAO CITY*—The One Network Bank (ONB) would soon be headquartered in a seven-story building here that would soon rise next year in a testament to its faith in the bankability of the Mindanao countryside.

The P117-million building would be constructed by the D.M. Consunji Inc. (DMCI), one of the country’s leading real-estate builders, inside a 9,670-square-meter area along the national highway in Sasa, nine kilometres north of downtown.

The building would be the home of all 300 ONB Head Office employees in the bid of the bank management to streamline the ONB branch support system and to house state-of-the-art training facilities.

The ONB is the widest rural banking network in the Philippines with 80 branches and 106 automated teller machines (ATMs) all over Mindanao. The ceremonial pouring of cement was made on June 3 led by ONB officers Alex V. Buenaventura, president and Antonio P. Avelino, vice chairman, and officiated by Archbishop Fernando R. Capalla of Davao City.

The building would be completed in March next year. --M. Cayon

Business Mirror (http://businessmirror.com.ph/home/banking-a-finance/12956-onb-builds-corporate-center-in-davao-city)

bat OMB? :lol:

^^:banana:

Oh My Bank na siya, igsoon ni Oh My God! :lol:

.
ONB builds corporate center in Davao City

SUNDAY, 26 JUNE 2011
By: M. Cayon

DAVAO CITY*—The One Network Bank (ONB) would soon be headquartered in a thirty seven-story building here that would soon rise next year in a testament to its faith in the bankability of the Mindanao countryside.

Business Mirror (http://businessmirror.com.ph/home/banking-a-finance/12956-onb-builds-corporate-center-in-davao-city)


mas maganda sana kung ganito ang storya, daghan makuyapan.... boink 911 :lol:

mas maganda sana kung ganito ang storya, daghan makuyapan.... boink 911 :lol:

Hahaha! ayaw ana oi. daghan magsakit ang heart. get ready to call 911 :bash:

asa ba based ang dmci originally?

Buanga uy...pag open nako ani na thread, red and white building man dayun ako nakita abi nako nasaag ko sa backpacker hotel..:lol:

^^buti pa nga sa'yo backpacker hotel, eh aq dati kala ko may supermega station thread ang Phoenix! :lol:

^^buti pa nga sa'yo backpacker hotel, eh aq dati kala ko may supermega station thread ang Phoenix! :lol:

+1

Ako pud. Mura jud og Phoenix corporate center :D

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-ash4/264887_10150244583952964_828587963_7251782_4003090_n.jpg

originally posted by the_pseudonero

murag flak kannon. hahah.

wrong quote

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-ash4/264887_10150244583952964_828587963_7251782_4003090_n.jpg

originally posted by the_pseudonero

ayuz!:cheers:

OT: there's a kwaknit on the lower left...:lol:

^^dilikado na mapalid sa hangin inig agi sa eroplano, or madagit hahaha

^^ starring ang hinayhay na brief

:rofl: eto ang klarong flight path obstruction :rofl:

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-ash4/264887_10150244583952964_828587963_7251782_4003090_n.jpg

originally posted by the_pseudonero

ayuz!:cheers:

OT: there's a kwaknit on the lower left...:lol:

^^dilikado na mapalid sa hangin inig agi sa eroplano, or madagit hahaha

;80800446']^^ starring ang hinayhay na brief

kawaton ang brief beh! :D

july 8

http://a7.sphotos.ak.fbcdn.net/hphotos-ak-snc6/263146_246616322016569_100000046086386_1072683_4754150_n.jpg
http://a6.sphotos.ak.fbcdn.net/hphotos-ak-snc6/264121_246616412016560_100000046086386_1072684_6442225_n.jpg
http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc6/265126_246616502016551_100000046086386_1072685_4209001_n.jpg

july 8

http://a7.sphotos.ak.fbcdn.net/hphotos-ak-snc6/263146_246616322016569_100000046086386_1072683_4754150_n.jpg
http://a6.sphotos.ak.fbcdn.net/hphotos-ak-snc6/264121_246616412016560_100000046086386_1072684_6442225_n.jpg
http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc6/265126_246616502016551_100000046086386_1072685_4209001_n.jpg

^^tnx a lot sa update pics @glen :)

^^unta cementohon and road pa sulod... az en!!!

Sementuhon na nila pag nahuman na ang building para dili madaut ang kalsada..murag ka level na nya ang metrobank sa height..

Mao diay gi relocate ang Sodaco last year kay gamiton na diay nila ni nga area..

^^unta cementohon and road pa sulod... az en!!!

Agree! Napansin naku dira na part kay medyo abog jud kaayo. Daghan man gud trucks diha gaagi especially katong dapit sa Quaco beach!

^^unta cementohon and road pa sulod... az en!!!

mao jud,.. :cheers:

Mao diay gi relocate ang Sodaco last year kay gamiton na diay nila ni nga area..

abi ko si sadaco. :lol:

sa foundation pa kaya sila karon?:)

hay salamat na bayran na nako 2 weeks ago ako utang sa ONB, astang dakoa sa deduction sa akong sweldo......okey an lang pud kay ang kita sa high rise itukod, at least makita sad nako ang fruits sa kadako sa deduction sa sweldo...

2AmgoyDnU4I


SSC Davao breaking boundaries with consecutive meets over the weekend, July 30th in Davao and July 31st in Metro Manila.

http://a4.sphotos.ak.fbcdn.net/hphotos-ak-snc6/215164_10150271870667140_500867139_7462270_7050693_n.jpg

kumusta na ni? hehehh...

Bitaw. Any recent pics mga goys?

Welcome back Dakpa ang akong tiil! sa dihang wala gihapon naku na dakpan imong tiil lol

SUNDAY, AUGUST 14,2011 video update :cheers:

DDeNRVrN8y4

thnx for d update

SUNDAY, AUGUST 14,2011 video update :cheers:

DDeNRVrN8y4

^^ wow tnx sa update @MARCHman00 :)

^^ Thanks for the update bai! :cheers: to your priceless effort! :)

Bitaw. Any recent pics mga goys?

Welcome back Dakpa ang akong tiil! sa dihang wala gihapon naku na dakpan imong tiil lol

:lol::bash:
murag kami ra man ata ni RheanCorbz ang nkadakop sa tiil ni Yong...:)

@MARCH man, thanks sa update... ;)
:cheers:

As of August 22, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00295.jpg

wla lng kau npansin, mag’4th floor naman diay ni.
Thanks Milcah :cheers2:

As of August 22, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00295.jpg

wow ang taas ng floor to ceiling height parang equivalent to two floors. kaya ang total floor count ko dito is 16 storeys!

kindly change the thread title to 16F. paaaaaaaaak!

:rofl:

Wow ang lapad ng building, hindi manipis..:lol:

^^ enough siguro ang budget kaya hindi tinipid

wow thanks for the updates Milcah... parang kailan lang... pa 4th floor nman diay...hahah:cheers::cheers::)

As of August 22, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00295.jpg

^^ tnx sa update pic @Milcah :) paspasa oi, mag 4th Floor naman :)

^^ Filipayns largest Rural Bank! :cheers1:

lpK6qpET0OY

^^ cp lang po gamit ko dito... senxa po :)

^^ Salamat kaayo.... pansin naku, taas kaayo ang crane, basi mo extend ang floor count ani into 12 floors. :lol:

^^ Salamat kaayo.... pansin naku, taas kaayo ang crane, basi mo extend ang floor count ani into 12 floors. :lol:

pag-ampo na lang... :bash: :lol:

^^ Salamat kaayo.... pansin naku, taas kaayo ang crane, basi mo extend ang floor count ani into 12 floors. :lol:

:lol:natakdan naman yata ka...:bash::nuts::lol:

Natakdan????... Ewwww...hahaha

:lol:natakdan naman yata ka...:bash::nuts::lol:

:lol:


mahimo man 12 kay i-skip man ang 3rd to 7th floor :rofl:

:lol:


mahimo man 12 kay i-skip man ang 3rd to 7th floor :rofl:

:lol::bash: HAHA!!

lpK6qpET0OY

^^ cp lang po gamit ko dito... senxa po :)

WoW! paspas jud tawon ang construction... :cheers2:

^^ nice! paspasa na jud diay oi..unta ila pa ipasaka sa 12.hehehe

^^ Tama.... paspas jud. Naa na sila sa 7th floor.

^^ Tama.... paspas jud. Naa na sila sa 7th floor.

parang kailan lang!:lol:

One Network bares its future investment plans (http://www.mindanaotimes.net/one-network-bares-its-future-investment-plans/)

Written By: Cqfrancisco
Monday, 12 September 2011
Category: Economy News

ONE Network Bank has set aside P212 million in capital expenditure this year, half of which will go to its main center and another P35 million for electronic banking technology.The bank said in a statement that it has earmarked P120 million for a seven-story main corporate center, a 9,670-square meter building which will have a footprint of 1,182 square meters per floor and an additional of 1,296 square meters for its basement.

The new building will have a three state-of-the art training rooms, a 200-seater modern cafeteria, two executive dining lunges, a customer service call center, a modern data center, an executive committee conference room equipped with a videoconferencing facility and a roofdeck that can accommodate 1,000 people.

Aside from the multipurpose room for meetings and sports activities, the roofdeck will also have a chapel and a gym. The basement, on the other hand, will have 80 parking spaces, half of them for clients of the bank.

The bank will again set aside another P120 million for the furniture and other facilities for the center which is scheduled to be completed in March next year.

The building will house the 325-member head office unit of the bank, an indication of its “commitment to providing better and more streamlined services to its countryside clients.”

As part of its investment in technology, the bank is also setting up 36 automated teller machines this year to boost its fleet to 140 machines by the end of the year. This will cost the bank P17 million.

The bank is also unveiling an P11-million Online Bank, an electronic banking system that will allow its clients to do banking transactions through the Internet, pay their bills and transfer money to other bank accounts.

To strengthen its customer service, the bank is also investing P3 million for its call center facility which will have a call center number of (082)233-7777, while another P4 million for the acquisition of a software for its electronic banking technology.

The bank is also opening its branch in Makati City this year, part of its plan to open five branches within the year that will also include those in Esperanza, Sultan Kudarat, Sangali, Zamboanga City and a second branch in Butuan City. Another part of the plan is a branch in Baganga, Davao Oriental.

The bank has also allocated P14 million to buy sites for its branches in Cabadbaran, Agusan del Norte; Surigao City; and Libungan, South Cotabato. It is also renovating its branches in Bansalan, Davao del Sur; Don Carlos, Bukidnon; Monkayo and Compostela, Compostela Valley.

Mindanao Times (http://www.mindanaotimes.net/one-network-bares-its-future-investment-plans/)

One Network bares its future investment plans (http://www.mindanaotimes.net/one-network-bares-its-future-investment-plans/)

Written By: Cqfrancisco
Monday, 12 September 2011
Category: Economy News

ONE Network Bank has set aside P212 million in capital expenditure this year, half of which will go to its main center and another P35 million for electronic banking technology.The bank said in a statement that it has earmarked P120 million for a seven-story main corporate center, a 9,670-square meter building which will have a footprint of 1,182 square meters per floor and an additional of 1,296 square meters for its basement.

The new building will have a three state-of-the art training rooms, a 200-seater modern cafeteria, two executive dining lunges, a customer service call center, a modern data center, an executive committee conference room equipped with a videoconferencing facility and a roofdeck that can accommodate 1,000 people.

Aside from the multipurpose room for meetings and sports activities, the roofdeck will also have a chapel and a gym. The basement, on the other hand, will have 80 parking spaces, half of them for clients of the bank.

The bank will again set aside another P120 million for the furniture and other facilities for the center which is scheduled to be completed in March next year.

The building will house the 325-member head office unit of the bank, an indication of its “commitment to providing better and more streamlined services to its countryside clients.”

As part of its investment in technology, the bank is also setting up 36 automated teller machines this year to boost its fleet to 140 machines by the end of the year. This will cost the bank P17 million.

The bank is also unveiling an P11-million Online Bank, an electronic banking system that will allow its clients to do banking transactions through the Internet, pay their bills and transfer money to other bank accounts.

To strengthen its customer service, the bank is also investing P3 million for its call center facility which will have a call center number of (082)233-7777, while another P4 million for the acquisition of a software for its electronic banking technology.

The bank is also opening its branch in Makati City this year, part of its plan to open five branches within the year that will also include those in Esperanza, Sultan Kudarat, Sangali, Zamboanga City and a second branch in Butuan City. Another part of the plan is a branch in Baganga, Davao Oriental.

The bank has also allocated P14 million to buy sites for its branches in Cabadbaran, Agusan del Norte; Surigao City; and Libungan, South Cotabato. It is also renovating its branches in Bansalan, Davao del Sur; Don Carlos, Bukidnon; Monkayo and Compostela, Compostela Valley.

Mindanao Times (http://www.mindanaotimes.net/one-network-bares-its-future-investment-plans/)

baka they mean, Libungan, North Cotabato.:) congrats for ONB, andami na nilang Branches.sana meron na din sa cotabato city..:cheers:

^^ Tama.... paspas jud. Naa na sila sa 7th floor.

aw maayo man ug parehas sa 40% sold out-utang sa banko-condomenteryo nga maglugos na intawon ug human bisan pila ka tuig na gipanghambog. kahilas manaway pa sa ayala davao ang mga ignoranteng ugobs oi pero laparohon lang diay ug rural bank. :nuts:

http://i75.photobucket.com/albums/i292/naxju/nax98.jpg

:lol: grabe sad ng laparohon ra ug rural bank oi..too harsh idol.:lol::lol:

Tomoh..... murag easy rah mag construct ug ing-ani nga building sa Davao. Boring na siya..... 12 floors and up ang labanan na ngayun.

aw maayo man ug parehas sa 40% sold out-utang sa banko-condomenteryo nga maglugos na intawon ug human bisan pila ka tuig na gipanghambog. kahilas manaway pa sa ayala davao ang mga ignoranteng ugobs oi pero laparohon lang diay ug rural bank. :nuts:

http://i75.photobucket.com/albums/i292/naxju/nax98.jpg

:hilarious :rofl:

Pwede pa na inaton ug tawagong 10 storeys kay murag equivalent sa 3 storeys nang nisimang na parte :lol:

;83837903']Pwede pa na inaton ug tawagong 10 storeys kay murag equivalent sa 3 storeys nang nisimang na parte :lol:

pag suggest na lang didto na butngan nila og Spire or Lightning Rod :bash: :lol:

pero base sa ilang tarp, ganahan ko sa design sa building. simple ra pero gapuwa-puwa ray agi.:lol::cheers:

One Network bares its future investment plans

Written By: Cqfrancisco
Monday, 12 September 2011
Category: Economy News
ONE Network Bank has set aside P212 million in capital expenditure this year, half of which will go to its main center and another P35 million for electronic banking technology.The bank said in a statement that it has earmarked P120 million for a seven-story main corporate center, a 9,670-square meter building which will have a footprint of 1,182 square meters per floor and an additional of 1,296 square meters for its basement.

The new building will have a three state-of-the art training rooms, a 200-seater modern cafeteria, two executive dining lunges, a customer service call center, a modern data center, an executive committee conference room equipped with a videoconferencing facility and a roofdeck that can accommodate 1,000 people.

Aside from the multipurpose room for meetings and sports activities, the roofdeck will also have a chapel and a gym. The basement, on the other hand, will have 80 parking spaces, half of them for clients of the bank.

The bank will again set aside another P120 million for the furniture and other facilities for the center which is scheduled to be completed in March next year.

The building will house the 325-member head office unit of the bank, an indication of its “commitment to providing better and more streamlined services to its countryside clients.”

As part of its investment in technology, the bank is also setting up 36 automated teller machines this year to boost its fleet to 140 machines by the end of the year. This will cost the bank P17 million.

The bank is also unveiling an P11-million Online Bank, an electronic banking system that will allow its clients to do banking transactions through the Internet, pay their bills and transfer money to other bank accounts.

To strengthen its customer service, the bank is also investing P3 million for its call center facility which will have a call center number of (082)233-7777, while another P4 million for the acquisition of a software for its electronic banking technology.

The bank is also opening its branch in Makati City this year, part of its plan to open five branches within the year that will also include those in Esperanza, Sultan Kudarat, Sangali, Zamboanga City and a second branch in Butuan City. Another part of the plan is a branch in Baganga, Davao Oriental.

The bank has also allocated P14 million to buy sites for its branches in Cabadbaran, Agusan del Norte; Surigao City; and Libungan, South Cotabato. It is also renovating its branches in Bansalan, Davao del Sur; Don Carlos, Bukidnon; Monkayo and Compostela, Compostela Valley.

Taken this AM.

http://img23.imageshack.us/img23/3160/photo0654.jpg (http://imageshack.us/photo/my-images/23/photo0654.jpg/)

http://img829.imageshack.us/img829/9672/photo0652q.jpg (http://imageshack.us/photo/my-images/829/photo0652q.jpg/)

http://img687.imageshack.us/img687/8407/photo0653g.jpg (http://imageshack.us/photo/my-images/687/photo0653g.jpg/)

^^ Ang bilis ng pag top off.

Daghang Salamat sa update Sir! :cheers:

Taken this AM.

http://img23.imageshack.us/img23/3160/photo0654.jpg (http://imageshack.us/photo/my-images/23/photo0654.jpg/)

http://img829.imageshack.us/img829/9672/photo0652q.jpg (http://imageshack.us/photo/my-images/829/photo0652q.jpg/)

http://img687.imageshack.us/img687/8407/photo0653g.jpg (http://imageshack.us/photo/my-images/687/photo0653g.jpg/)

Taken this AM.

http://img23.imageshack.us/img23/3160/photo0654.jpg (http://imageshack.us/photo/my-images/23/photo0654.jpg/)

http://img829.imageshack.us/img829/9672/photo0652q.jpg (http://imageshack.us/photo/my-images/829/photo0652q.jpg/)

http://img687.imageshack.us/img687/8407/photo0653g.jpg (http://imageshack.us/photo/my-images/687/photo0653g.jpg/)

:cheers:

.
ONB completes merger with New Corella

By Lawrence Agcaoili
The Philippine Star (http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=731562)
September 28, 2011 12:00 AM

MANILA, Philippines - The Securities and Exchange Commission (SEC) has approved the plan of agreement and articles of consolidation paving the merger between Davao-based One Network Rural Bank Inc. and Rural Bank of New Corella (Davao del Norte).

The Bangko Sentral ng Pilipinas (BSP) through Circular Letter 2011-069 announced the incorporation of One Network Bank Inc. (A Rural Bank) with the approval of the plan of agreement and articles of consolidation of the two banks.

As early as January this year, the BSP has given the largest rural bank in the Visayas and Mindanao areas the greenlight to merge its operations with Rural Bank of New Corella that was acquired in August last year.

Rural Bank of New Corella is the fourth bank in the merged One Network Bank. Other banks included the former Rural Bank of Panabo of Davao del Norte, Provident Rural Bank of Cotabato, and Network Rural Bank of Davao del Sur.

Based on its proposal with the BSP, the bank wants to consolidate with the RB New Corella, thereby absorbing its operations since it will be renamed as One Network Bank Inc.

Latest data showed that total deposits of One Network Bank is nearing the P10-billion level while total loans is approaching the P7-billion mark. At the end of the first semester of 2011, the biggest rural bank in Mindanao reported total deposits amounting to P9.9 billion, or an approximate 34 percent growth rate from the P7.381 billion in the same period last year.

The rate of growth mimics the previous record high growth of 37 percent in deposits achieved last year versus previous year of 2009.

Total resources likewise ballooned to P12.3 billion in the first six months of 2011, or 30 percent higher than P9.48 billion recorded in the same period last year.

ONB president Alex Buenaventura said the huge increase in deposits was due to an increase in number of branches from 75 to 81 that widened the base of low-cost current accounts-savings account (CASA) depositors.

“Attractive time deposit interest rates brought in large depositors who are also commercial bank clients, and an increase in number of ATMs (automated teller machines) from 93 units to 107 units, generating a 26-percent increase in ATM active cardholder base from 251,000 in June 2010 to 316,000 end of the first half of 2011,” Buenaventura said.

ONB has a total depositor base of 525,000 accounts end June this year.

Meanwhile, loan portfolio quality improved as the non-performing loan (NPL) ratio declined to four percent as of end June 2011 from the six percent NPL ratio in the same period last year.

The Bangko Sentral ng Pilipinas (BSP) has been encouraging thrift, rural, and cooperative banks to consolidate their operations to boost the competitiveness of the industry.

The BSP recently tied up with the state-run Philippine Deposit Insurance Corp. (PDIC) and Land Bank of the Philippines for a coordinated incentive program designed to support the development of a stronger cooperative banking sector.

BSP Governor Amando Tetangco Jr. earlier said the Strengthening Program for Cooperative Banks (SPCB) would ensure that cooperative banks could meet the capital requirements set by the central bank.

Data from the BSP showed that there are 40 operating cooperative banks in the country with resources aggregating P15.9 billion as of end-March.

While the assets of the cooperative banking sector accounts for only a small fraction of the assets of the entire banking system, the BSP said it plays a vital role in the financial system since almost all of these 40 cooperative banks operate in the countryside

These banks, according to the central bank, provide the much needed financial services to hundreds of primary and federation cooperatives and their individual members who usually face difficulties in accessing banking services.

In August last year, a similar program for rural banks dubbed as the Strengthening Program for Rural Banks (SPRB) involving P5 billion in financial assistance was launched. To date, not a single transaction has been completed.

Good news! :cheers:

.
ONB completes merger with New Corella

By Lawrence Agcaoili
The Philippine Star (http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=731562)
September 28, 2011 12:00 AM

MANILA, Philippines - The Securities and Exchange Commission (SEC) has approved the plan of agreement and articles of consolidation paving the merger between Davao-based One Network Rural Bank Inc. and Rural Bank of New Corella (Davao del Norte).

The Bangko Sentral ng Pilipinas (BSP) through Circular Letter 2011-069 announced the incorporation of One Network Bank Inc. (A Rural Bank) with the approval of the plan of agreement and articles of consolidation of the two banks.

As early as January this year, the BSP has given the largest rural bank in the Visayas and Mindanao areas the greenlight to merge its operations with Rural Bank of New Corella that was acquired in August last year.

Rural Bank of New Corella is the fourth bank in the merged One Network Bank. Other banks included the former Rural Bank of Panabo of Davao del Norte, Provident Rural Bank of Cotabato, and Network Rural Bank of Davao del Sur.

Based on its proposal with the BSP, the bank wants to consolidate with the RB New Corella, thereby absorbing its operations since it will be renamed as One Network Bank Inc.

Latest data showed that total deposits of One Network Bank is nearing the P10-billion level while total loans is approaching the P7-billion mark. At the end of the first semester of 2011, the biggest rural bank in Mindanao reported total deposits amounting to P9.9 billion, or an approximate 34 percent growth rate from the P7.381 billion in the same period last year.

The rate of growth mimics the previous record high growth of 37 percent in deposits achieved last year versus previous year of 2009.

Total resources likewise ballooned to P12.3 billion in the first six months of 2011, or 30 percent higher than P9.48 billion recorded in the same period last year.

ONB president Alex Buenaventura said the huge increase in deposits was due to an increase in number of branches from 75 to 81 that widened the base of low-cost current accounts-savings account (CASA) depositors.

“Attractive time deposit interest rates brought in large depositors who are also commercial bank clients, and an increase in number of ATMs (automated teller machines) from 93 units to 107 units, generating a 26-percent increase in ATM active cardholder base from 251,000 in June 2010 to 316,000 end of the first half of 2011,” Buenaventura said.

ONB has a total depositor base of 525,000 accounts end June this year.

Meanwhile, loan portfolio quality improved as the non-performing loan (NPL) ratio declined to four percent as of end June 2011 from the six percent NPL ratio in the same period last year.

The Bangko Sentral ng Pilipinas (BSP) has been encouraging thrift, rural, and cooperative banks to consolidate their operations to boost the competitiveness of the industry.

The BSP recently tied up with the state-run Philippine Deposit Insurance Corp. (PDIC) and Land Bank of the Philippines for a coordinated incentive program designed to support the development of a stronger cooperative banking sector.

BSP Governor Amando Tetangco Jr. earlier said the Strengthening Program for Cooperative Banks (SPCB) would ensure that cooperative banks could meet the capital requirements set by the central bank.

Data from the BSP showed that there are 40 operating cooperative banks in the country with resources aggregating P15.9 billion as of end-March.

While the assets of the cooperative banking sector accounts for only a small fraction of the assets of the entire banking system, the BSP said it plays a vital role in the financial system since almost all of these 40 cooperative banks operate in the countryside

These banks, according to the central bank, provide the much needed financial services to hundreds of primary and federation cooperatives and their individual members who usually face difficulties in accessing banking services.

In August last year, a similar program for rural banks dubbed as the Strengthening Program for Rural Banks (SPRB) involving P5 billion in financial assistance was launched. To date, not a single transaction has been completed.

Taken this AM.

http://img23.imageshack.us/img23/3160/photo0654.jpg (http://imageshack.us/photo/my-images/23/photo0654.jpg/)

http://img829.imageshack.us/img829/9672/photo0652q.jpg (http://imageshack.us/photo/my-images/829/photo0652q.jpg/)

http://img687.imageshack.us/img687/8407/photo0653g.jpg (http://imageshack.us/photo/my-images/687/photo0653g.jpg/)

Paspasa sa construction ani oi. parang kelan lang.

Kudos to the developer of this project.

Pas pas gyud bai... in ani gyud diri sa davao kalit lang sulpot... unya humana dayon... dili pa iagi ug tarpaulin...whahahaha

Pas pas gyud bai... in ani gyud diri sa davao kalit lang sulpot... unya humana dayon... dili pa iagi ug tarpaulin...whahahaha

tama jud bai. makakurat ning mga projects na ni.

malay nato.. pati si Lumeire mukalit lang pud og tubo :lol:

paspas jud bitaw ang construction sa ONB! parang kelan lang ako dumaan doon.. :D

and shanz.. speaking of Lumiere, do you know its whereabouts right now? I wanna know.. :D:D:lol:

Paspasa oi.... grabeh wala man abtig tuig top off dayon. nice nice nice :banana:

http://img829.imageshack.us/img829/9672/photo0652q.jpg

Very massive indeed... layo man gud ni dapit sa amoa ba, Lisud picturan..hehehehe:cheers::cheers:

Paspasa oi.... grabeh wala man abtig tuig top off dayon. nice nice nice :banana:

http://img829.imageshack.us/img829/9672/photo0652q.jpg

DMCI - impressive. Parang kailan lang....

^^ Tan-awa sa taas oh.... ni gimaw pa ang mga poste ug kabilya. Basig going 10F floor pa ni nga building. :lol:

^^ Tan-awa sa taas oh.... ni gimaw pa ang mga poste ug kabilya. Basig going 10F floor pa ni nga building. :lol:

Yup, parang they can easily add 5 more stories to the structure...that of course is only my pedestrian opinion.

^^ Tan-awa sa taas oh.... ni gimaw pa ang mga poste ug kabilya. Basig going 10F floor pa ni nga building. :lol:

Be Humble gang.

An additional 5 storeys, payts na! :lol:

Maayo gani kay nagmerge, narumor man gud ni nga mosunod unta daw sa LBC.

Maayo gani kay nagmerge, narumor man gud ni nga mosunod unta daw sa LBC.

Really? Kadako ra sa ONB compared sa LBC. Murag layo lang man siguro na mahitabo.

Maayo gani kay nagmerge, narumor man gud ni nga mosunod unta daw sa LBC.

Unsa na bank ang naka merger sa ONB? TIA.

Really? Kadako ra sa ONB compared sa LBC. Murag layo lang man siguro na mahitabo.

Sa akong nasinati nga ang kasagaran mga banko kay mamalit ug gagmay nga banko aron makadani ug mga investors and only for them (i.e. investors) to find out that in the end nga losing diay ug after a year or two kay magsarado na.

Ang lain sab nilang strategy kay mag-offer ug taas nga interest rates sa mga depositors ug ang mga inosente sab nga mga depositors kay mokagat only to find out also that in a year or two magsarado diay. Daghan kong nahibaw-an nga nabiktima ani nga modus. Dako ug kita ang banko maski magsarado pa sila kay nagsalig man kay ang gobyerno man pabayaron. Sa ilaha kay "There is nothing personal, it is strictly business."

Sana dili ingon ani ang mahitabo.

"The bigger they are, the harder they fall."

Maayo gani kay nagmerge, narumor man gud ni nga mosunod unta daw sa LBC.

FYI, article states all the info about ONB and it's financial capacity.

Latest data showed that total deposits of One Network Bank is nearing the P10-billion level while total loans is approaching the P7-billion mark. At the end of the first semester of 2011, the biggest rural bank in Mindanao reported total deposits amounting to P9.9 billion, or an approximate 34 percent growth rate from the P7.381 billion in the same period last year.

The New Corella Rural Bank is a small one with 1 branch only located in New Corella.

I think that what you heard was just as you stated, a rumor, regarding the bank folding operations.

Really? Kadako ra sa ONB compared sa LBC. Murag layo lang man siguro na mahitabo.

Yes, ONB is really big.

ONB Deposits up 34% (http://www.sunstar.com.ph/davao/business/2011/08/09/onb-deposits-34-p99-billion-h1-171796)

http://davaodaily.com/one-network-bank-posts-growth-in-deposits/

:cheers:

Dako gyud paminawon ang assets pero pila kaha ang liabilities pod ani? Daghang dagkong banko nga nagsalig dili magsarado dayon kay naa man B|S|P morehab sa ilaha para lang dili makahatag ug dautan nga impression sa mga tao ug dili usab maapektuhan ang ubang bangko (Bankrun) ug unya ang ekonomiya. Sabagay, ok lang sa mga tag-iya sa mga bangko magsara kay mag-open lang man ug bag-o under a new name. "PURELY BUSINESS!"


Pila kabook sa inyong tan-aw magsarado nga mga banko karong umaabot?
- Beats me, let's ask P|D|I|C.

- Don't worry dili dali magsarado ang maski kinsang bangko kay naa ang B|S|P to the rescue. (with the exception of most rural banks)


---------------
"He who knows what he knows and knows what he knows not has true knowledge."

I already became a victim of two bank closures for the past two years.

The first one was with Legacy group (which is still under trial up to this day grrrr)

And the second was with Banco Filipino.

Good thing all our assets were splitted into multiple small accounts to be included in the PDIC insurance coverage.

It's good that you did not put all of your eggs in one basket. Meanwhile, if your purpose of putting your money in the bank is only to save then think again. You may put your money only for liquidity purpose. I'm sure that you are well aware that banks normally give a maximum of 6% for a long term investment (i.e. Time deposit) and at 2% per annum for savings account. Eventually, banks will only loan your money to other entities at 23% or more on interest rates. Others also put it in high yield investments while some even gamble diverting or should I say malverse their assets to other form of investments. Blah! Blah! Blah! (Just my two cents worth.)

---
Be thankful that Einstein discovered the "Rule of 72". Apply it!

the outskirts of davao are shaping up. this is 10 kilometers away from downtown...
http://i75.photobucket.com/albums/i292/naxju/IMG_5838x.jpg

viewed from samal...
http://i75.photobucket.com/albums/i292/naxju/IMG_5835x.jpg

http://i75.photobucket.com/albums/i292/naxju/IMG_5835x.jpg

wow! nice shot tiyo naxju! :okay:

Ganahan ko sa view diri kay walay mga illegal settlers.. :okay:

busy nasad na gyud og maayo among area dira... tapos naa nasad mga yards gipang develop... az en!!!

ONB update... :lol:

http://i1183.photobucket.com/albums/x478/johncarlo2012/DSC08396-1.jpg

laagan jud ka @kingcity bah. pati sa blue jaz hatag gihapon update.hehehe :bow: ko nimo.

pangpila na ni ka floor ang naabot? murag paspas mn gud kaayo construction.

---grabe kanindot sa BlueJazz sah? i miz the place na jud...
thanks KC sa pic :okay:

hahaha naa sad ko pix sa ONB ky ng Bluejazz ko tong sunday....xD

As of Oct 27, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00249.jpg

As of Oct 27, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00249.jpg


correct me if i'm wrong, murag hiwi lagi ng ilang haligi.. dili ba na delikado or mao gyud na iyang style?:banana:

^^ sa camera lang ho yan sir. :)

As of Oct 27, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00249.jpg

Nice one pag kunan mo banda sa Del Pilar Road...

Makit-an ni xa sa SASA CITY, MEtro Davao...:banana::banana::banana::banana:

^^maremind lang ko ba kanang going to Sasa kay murag paadto ug Las Pinas.well, sa ako lang man..:D

If South has Matina Crossing, North has Sasa-Panacan.. The busiest highway sa North. LOL!

wow equivalent to 10 storeys :lol:

As of Oct 27, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00249.jpg
HIWI CGORO ANG PAG KA SHOT ANI SIR:lol::lol::lol: NICE UPDATE SIR:bow::bow::banana:

correct me if i'm wrong, murag hiwi lagi ng ilang haligi.. dili ba na delikado or mao gyud na iyang style?:banana:

That's just lens distortion.

As of Oct 27, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00249.jpg

^^ tnx sa update pic @Milcah :) More Progress Davao City :) it's DABAWIZATION time :)

As of Oct 27, 2011

http://i232.photobucket.com/albums/ee49/2351156/SkyCity/DSC00249.jpg

If ingun ani iya design, first in MIndanao gyud! :lol::lol::lol::lol:

^^ the leaning bank of sasa. :lol:

If ingun ani iya design, first in MIndanao gyud! :lol::lol::lol::lol:


FIRST IN THE PHILS KUYA :hilarious:hilarious:hahaha:

Nice one pag kunan mo banda sa Del Pilar Road...


asa na dapit nga road? taga Dona Pilar ko pro dili ko familiar ana na road..:bash::lol:

FIRST IN THE PHILS KUYA :hilarious:hilarious:hahaha:
nooo! 1st in Asia! :D

Pera ng Mindanao Para sa Mindanao. Im also excited for this project. In a way, Ive seen how the bank had grown from a small rural bank to well still a rural bank but the biggest in the city or probably in Mindanao.

nooo! 1st in Asia! :D

Definitely not bro... Beijing has at least 2 leaning towers... :)

^^oh.. ok ok... so, 1st in the Philippines nalang.. hehe! :D

Leaning Tower of One Network Bank! haha!

^^ the leaning bank of sasa. :lol:

murag cake na nahilis :lol:

Pera ng Mindanao Para sa Mindanao. Im also excited for this project. In a way, Ive seen how the bank had grown from a small rural bank to well still a rural bank but the biggest in the city or probably in Mindanao.

ONB is actually the biggest rural bank in the country in terms of assets and branch network

murag cake na nahilis :lol:

pero massive pa rin ha.. dili ng murag 3/3 lang na mga poste ang gamit, aw bakal diay :lol:

^^oh.. ok ok... so, 1st in the Philippines nalang.. hehe! :D

Leaning Tower of One Network Bank! haha!

ang design sa cvg diri kay leaning man sad...:cheers:

murag cake na nahilis :lol:

first in southwesteastnorth asia. :nuts:

ang design sa cvg diri kay leaning man sad...:cheers:
mao ba? I should have travelled further to know all of these.. :D

Gwapo baya daw mag loan sa ONB..... hehehe

pero massive pa rin ha.. dili ng murag 3/3 lang na mga poste ang gamit, aw bakal diay :lol:

kabalo ko asa na. kahadlok ay! :lol:

ang design sa cvg diri kay leaning man sad...:cheers:

haha.. i3 @ IT Park ikaw ba yan?

mao ba? I should have travelled further to know all of these.. :D
bitaw il tenore,...
haha.. i3 @ IT Park ikaw ba yan?

yezz!!!:cheers:

any pictures on its update?

^^sa sige nakong labay sa site, di man jud nako mapicturan uy.. hahay..

^^sa sige nakong labay sa site, di man jud nako mapicturan uy.. hahay..

hala... picturan na gyud na... lol... we can wait... pero klaro kaayo ang structure from paradise....

As in klaro kaau...halos ka height nya ang tower sa usa ka milling company...lol

Kanang lote sa may SM Ecoland bah.... ONB pud bah to didto...?
Pwede sila maghimo ug skyscraper didto para bongga... :okay:

ONB is actually the biggest rural bank in the country in terms of assets and branch network

....with a network of 75 branches and 96 ATMs....:)

Kanang lote sa may SM Ecoland bah.... ONB pud bah to didto...?
Pwede sila maghimo ug skyscraper didto para bongga... :okay:

Yup, ONB property na pero no plans as of now..pwede kaau hi-rise na kay wala sa flight path..:)

Yup, ONB property na pero no plans as of now..pwede kaau hi-rise na kay wala sa flight path..:)

Ngano naa pay flight path diha sa Abreeza Complex oi.......Kung ang airplane na lang diay ang molikay.....kalapad sa sa atmosphere...ang building pa jud e-control,..:lol:

^^bitaw.. ang ubang highrise man gani sa Manila, duol sa flight path, sa Davao pa kaha?

Ngano naa pay flight path diha sa Abreeza Complex oi.......Kung ang airplane na lang diay ang molikay.....kalapad sa sa atmosphere...ang building pa jud e-control,..:lol:

:lol: :lol: nalingaw ko anang ingon nimo Erek nga ang plane ang molikay :lol: :lol: Daw ako'y nahadlok mosakay sa plane coming to Davao kay maglikay-likay sa mga Davao Skyscrapers :lol:. Murag fresh pa man kaayo sa atong memory ang 911 that the images still bring shriver in our spines. I would prefer to bring the airport to Cabantian as many years ago was proposed. :)

:lol: :lol: nalingaw ko anang ingon nimo Erek nga ang plane ang molikay :lol: :lol: Daw ako'y nahadlok mosakay sa plane coming to Davao kay maglikay-likay sa mga Davao Skyscrapers :lol:. Murag fresh pa man kaayo sa atong memory ang 911 that the images still bring shriver in our spines. I would prefer to bring the airport to Cabantian as many years ago was proposed. :)

:lol: Daghan na baya Anti-Davao Extremists sa mga silingang lugar :lol: basig mahitabo sa atoa ang nahitabo sa 9/11...:nuts:.....Gi atake nata in legal aspect unya unsa sunod? e-crash na cguro sa Aeon ang gi-hi jack na airplane sa mga tao nga nasuya sa davao....:bash: joke lang po!;)

:lol: Daghan na baya Anti-Davao Extremists sa mga silingang lugar :lol: basig mahitabo sa atoa ang nahitabo sa 9/11...:nuts:.....Gi atake nata in legal aspect unya unsa sunod? e-crash na cguro sa Aeon ang gi-hi jack na airplane sa mga tao nga nasuya sa davao....:bash: joke lang po!;)

.... ATR or Q400 ang gamiton? ka cute....

http://a1.sphotos.ak.fbcdn.net/hphotos-ak-snc7/298897_303736539637880_100000046086386_1308896_1338637567_n.jpg

pas pas ilang construction no? 8 floors man ni...

^^ I notice too... murag naa pay isa ka floor after sa 7th floor.... hmmmm..

with its solid growth spurt and massive and aggressive expansion, have no doubt they will build a highrise to base their headquarter in the fututre. that would probly be in the abreeza cbd

pas pas ilang construction no? 8 floors man ni...


I agree this one is 8 floors easy. :cheers:

http://farm7.static.flickr.com/6116/6334557482_abb8768b76_z.jpg (http://www.flickr.com/photos/40389966@N06/6334557482/)

This is 10 floors. Because the ground floor is higher than street level then the last floor has a height equivalent to 2 floors. So this is 10 floors! :cheers:


Katkat ba? :bash: :lol:

^^ hala inata pa jud ninyo...mapaabot pa nag 12 floors ba..nakatoon na mo ha :lol:

Bisag unsaun 7 floors lang gyud ni sya technically.We don't need to stretch the heights of these short buildings as there are tall ones in the pipeline.All we need to do is wait for these tall ones in the drawing boards to sprout up then we can cheer again.

This is 10 floors. Because the ground floor is higher than street level then the last floor has a height equivalent to 2 floors. So this is 10 floors! :cheers:


Katkat ba? :bash: :lol:

Katkatism is that contagious. :cheers:

i think seven floors lng ito, sumpay ang kanang seventh & "supposed" eight floor. if you look closely walay, ceiling ang back portion sa 7th floor. bc high ceiling ni nga floor. bc auditorium nila...

;85646372']^^ hala inata pa jud ninyo...mapaabot pa nag 12 floors ba..nakatoon na mo ha :lol:

cgurado kaayong 22f jud kaau ba unya 19f ra jud diay! :lol::lol::lol::lol::lol::lol::lol::lol::lol:

..the most successful Davao/Mindanao-based bank! :okay:

^^

Hands down!

Marami nang pero ang bangko na to.... mga suweldo ng mga teachers andyan na lahat sa kanila... hehehehe

i guess nag top off na ang project na to...any new pics and updates guys ;)

imposing kaayo ang building. dako pud.

new pics pls... :D

as of nov 28
http://i1122.photobucket.com/albums/l535/wowdvo/28-11-11_1222.jpg
http://i1122.photobucket.com/albums/l535/wowdvo/28-11-11_1220.jpg

^^pwede iapil ug count ng migimaw sa ibabaw to make it 10 storey? :D

di mana uso dire ang dagdag bawas o inat inat method.. hahaha

wow 10 storeys!

:rofl: