D’ ASIANHILLS BANK

AWARDEDBIR

CITATION

(from left) Nelson M. Aspe (DEPCOM - Operations Group),, Lilia C. Guillermo (Deputy Commissioner-Information Systems Group), Cesar V. Purisima (Sec. of Finance), Estelito R. Marabe, CPA (D’AHB-President/CEO), Kim Jacinto-Henares (Commissioner), Estela Sales (BIR Deputy Commissioner), Celia King (BIR Deputy Commissioner for Resource Management).

On June 2, 2012, MR. ESTELITO R. MARABE, CPA, President & CEO of D’ Asian Hills Bank was also

honored as most Outstanding Mindanao Business Leader in Banking and Finance (Individual Category) during the Awards Night for Outstanding Business Leader Awards at Pryce Plaza Hotel, Cagayan de Oro City.

This event was hosted by BusinessWeek Mindanao, Mindanao Daily, BPI Foundation, Inc., STEAG State Power Inc., TIEZA & Pryce Gas.

MR. ESTELITO R. MARABE, CPA,

President & CEO of D’ Asian Hills Bank

received a Plaque of Appreciation from

the Bureau of Internal Revenue (BIR)

for his generous support to the Bureau’s

endeavors to promote and sustain

desirable working conditions in the revenue

service,. The awarding was held during

BIR’s 108th Anniversary Celebration,

August 1, 2012 at Quezon City, Philippines.

Why don’t we teach our kids sound and proper financial management?

This might sound like quite a complex and intricate idea to impart to children who are only starting to learn about ABC’s and 1-2-3’s. But simply put, financial management is all about learning how to effectively manage one’s money – learning how to spend and save wisely. And there’s really no appropriate age when this should be taught to our children as they are exposed to money at such an early age.

Another academic year has just began and millions of kids are now going back to their respective schools for another year of learning bringing with them their books, writing pads, pencils and pens, and of course, their baon or allowance.

Rather than their allowances go to waste with cheap toys and trinkets, not to mention unhealthy food, it would be better if our kids’ extra allowances go to a savings account of their own for their future use. Not only that, this is one way of educating our kids about the value of saving. And I believe it’s never too early to teach kids the value of saving for their future.

This is the recent advocacy being undertaken by

the Bangko Sentral ng Pilipinas (BSP) entitled “Building for the Future Program for the Filipino Children”. Together with the Bank Marketing Association of the Philippines (BMAP) and DepEd, the BSP is teaching kids as young as grade-schoolers the value and importance of, as they like to say, “Saving for the rainy days”. This is done by incorporating simple financial teachings in their HeKaSi subject. This way, children learn the importance of saving money and it eventually becomes a habit for them.

The banking industry is also participating in this advocacy program by coming up with special deposit savings products targeted towards kids from 0-12 years. Several banks, including Philippine Veterans Bank, are now offering these kiddie deposit savings and with the BSP’s approval, account opening rules have been relaxed to further entice kids (and their parents) to go to the bank of their choice and avail of the product.

In the case of Veterans Bank, our kiddie savings called “Bulilit Build-Up Savings” requires just P100 to open and maintain the account. When the kiddie account reaches P1,000, it begins to earn interest just like a regular deposit account. There’s also a 12-month

build-up period wherein the Bulilit Build-Up Savings won’t be charged for dormancy or if the account falls below the minimum maintaining balance. Also, our Bulilit Build-Up Savings is a passbook-only account further strengthening the idea of saving on our kids because with a passbook they won’t be able to easily just withdraw money if they were instead issued ATMs.

Kids and parents interested in opening a Bulilit Build-Up Savings simply have to visit one of our 60 branches nationwide and bring along the following:

- 1x1 ID picture of the child- Identification of the child (birth certificate and/or school ID)

The Bulilit Build-Up Savings is targeted towards kids 0 – 12 years. For kids 7 years and below, the account will be In-Trust-For (ITF).

So, this early in the school year, encourage your kids to save part of their baon and when they have earned at least a hundred pesos, open a kiddie savings for them.

Let’s start teaching them the value of saving this early so they’ll grow up financially responsible.

Learning the Value of Saving for the FutureBy Jesus Vicente O. Garcia, EVP and Branch Banking Group Head

“Unleash the Inner Flame” is the biggest running event ever to be staged in Cagayan de Oro City, the City of Golden Friendship and Northern Mindanao. This competi-tion has a running distance of 42k, 21k & 5k. PRYCEGAS has allotted the Biggest Cash Prize ( amounting

to Php 1 Million) is at stake for the winners on all categories vying for the Top 10 Male & Female Finishers. This race will use a State of the Art Timing System for all categories.

Runners from all over the Ar-chipelago, International Athletes and Enthusiasts are invited to this

prestigious event. Come December 2, 2012 Sunday at the Pryce Gar-dens, Cagayan de Oro City will be converted into a Festive Atmosphere by a gathering of Family & Friends through running.

This event is brought to you by the countries’ leading manufacturer and distributor of Industrial, Medical Gases and Liquefied petroleum Gas (LPG), the PryceGases, Incorporated. It is the same Core Values that this esteemed company who is also a staunch supporter of a SMOKE – FREE Environment started promoting an Active and Healthy Lifestyle through the Sports of Running. Thus the birth of the “PRYCEGAS INTERNATIONAL MARATHON – Unleash the Inner Flame”. Part of the proceeds of this event will go to various Scholarship and Community Outreach Programs of the company.

The PRYCEGAS INTERNATIONAL MARATHON

Romero, Sison top 1st GreenhillsSummer Arts Festival

Photography Competition

First Place Landscape POND & THE GOOD SAMARITAN CHAPEL by CARLO ROMERO

by MIKE BAÑOS

Two veteran amateur photographers captured

the grand prizes in the First Greenhills Summer Arts Photography Competition held July 15-August 15, 2012 at Greenhills Park, Bulua, Cagayan de Oro City.

“Please take note that it is called Greenhills Park because it is not just a memorial park but is more of a park for the living,” Greenhills President Danilo P. Olivares said. “Like our On-the-Spot Visual Arts Competition last May 27, these events will give Greenhills Park a different, positive and wholesome image as a Park for the living and not just another memorial park.”

Some 11 participants submitted 21 entries in either the Landscape and/or Human Interest categories. Architect

Kim Oraiz, Architect and Multi-Awarded Visual Artist Cocoy Paano and Journalist Mike Baños judged the entries August 24 at the Greenhills Reception Room. Mr. Paano is also the grand prize winner in the Greenhills Visual Arts Competition held last May.

Mr. Olivares officially declared the winners in a statement released earlier this week.

“Greenhills boasts of lush greenery, tall trees, fountains, ponds and wishing wells, flowery landscaping, a hidden lovers' lane and the most spectacular sunsets that can be viewed from a vantage point 300-feet above sea level that only Greenhills among the several memorial parks in Cagayan can boast of,” Mr. Olivares said. “Being a

trendsetter, Greenhills now has a butterfly farm and the only horse-drawn carriage in Mindanao. All these can be the subjects of the creative visual artists in their paintings and photographs.”

Dr. Carlo Romero won P5, 000 for topping the Landscape Category with his entry “Pond and the Good Samaritan Chapel”. Second place went to Dr. Vic Orencia’s “Sunset at Greenhills Overlooking Macajalar Bay (P3, 000) while Mr. Ronald Quitos' entry “Trellis of Yellow Bells under the Blue Sky" was third (P 1,000).

Mr. Manuel Sison’s entry “Perpetual Care at the Park” won the Human Interest Category (P5, 000) while 2nd place went to Dr. Carlo Romero’s entry “Children at the Playground” (P3, 000). There was no third place winner since the other entries were disqualified on technical grounds for failing to comply with the contest rules.

“All photographs must be taken inside Greenhills Park or even near/outside Greenhills Park, as long as the main subject can be clearly identified without any doubt as Greenhills Park,” read a part of the contest rules. “No photos may convey a

depressing, eerie or otherwise disheartening mood.”

The winning entries will be displayed and the winners as well as the other participants will receive their cash prizes at the ORO BEST EXHIBIT sponsored by the Oro Chamber of Commerce at the Limketkai Exhibit Hall on Oct. 2, 2012. Mr. Olivares said a consolation prize of P500 will be given to all participants.

The Greenhills executive said the festival is the start of the park’s initiatives to “make over” people’s stock concept of a memorial park from a cemetery into a real park for the living by providing amenities inside the park.

“Families, groups and individuals have made Greenhills their venue for jogging, exercising, or simply sitting around communing with nature early in the morning or late in the afternoon in time to view the ‘red sails in the sunset’,” Mr. Olivares explained. “Photography enthusiasts have taken pictures of this sunset and have donated their spectacular shots to Greenhills. The park is also fast becoming a favorite backdrop for pictorials by fashion models and photographers.”