The Cibao Savings and Loan Association was recognized as one of the companies with the greatest impact on the social and economic development of the northern region, during the "Santiago 2024 Business Trajectory Recognitions" ceremony, awarded by The Ballester Business & Media Group and other international organizations.
Randolph Phipps, Vice President of Corporate Banking, who accepted the award on behalf of the Association, stated in his remarks that "it is an honor to receive this recognition, which highlights our business trajectory. For 61 years, our institution has supported Dominicans through every step of their lives, and we have fulfilled our founding mission of financing the acquisition and construction of homes.".
Randolph Phipps receiving the award. (External source).
"This recognition underscores the Association's commitment to promoting economic and social well-being through its accessible financial services and its constant support for community and development projects, always responding to the specific needs of each of our members and clients," the executive highlighted.
Pedro J. Díaz Ballester, president of the sponsoring organizations, highlighted the importance of recognizing the trajectory of institutions such as the Cibao Association, standing out as a key institution in the Dominican financial system, which has had a significant and positive impact on society, in favor of the communities and on this occasion, the northern region of the country.
The ceremony was attended by business leaders from the region, officials, and representatives of national and international organizations such as the Dominican Federation of Chambers and Organizations Abroad based in Washington, DC, and the Dominican International Chamber of Business and Tourism in Florida.
