Stateland taps BDO for cash mgm’t services

MANILA, Philippines - Stateland Inc. has signed a memorandum of agreement (MOA) with Banco de Oro to provide bills pay service, a system that will pave the way for easy and reliable bills payments. The service will allow Stateland clients to pay their bills, monthly amortization and other fees to any BDO branch. The service also includes a live deposit pick-up, with Washington Place in Dasmarinas, Cavite as site for cash collections. Present during the MOA contract signing are: (from left): Manuel Locsin Jr. BDO senior vice president IBG-Corbanc team; Bernice Hung, Stateland head for financial services; Emmanuel Narciso, BDO senior vice president for transaction banking; Mary Macquilan, Stateland acting executive vice president; Delie Chua, Stateland senior vice president for sales and marketing; and Jaime Nasol, BDO senior vice president for cash management services.