First Consolidated Bank declares 20% Cash Dividends to Stockholders

The First Consolidated Bank (FCB) has declared a twenty (20%) Cash Dividend for the year 2011 to all stockholders on record as of June 30, 2011. Bangko Sentral ng Pilipinas has already approved the declaration of the Cash Dividends. The distribution and release of the cash dividend will start on January 18, 2012.

The year 2011 has been another banner year for FCB with growth rates and financial performance exceeding the average of the top 5 universal banks in the country. FCB continues to perform consistently with a sustained growth in profits, liquidity, and solvency.

From its humble beginning in historic Bohol, FCB is now in 30 provinces with 53 branches and 20 marketing centers. The bank plans to inaugurate another 5 branches this first quarter of 2012 in Surigao City;  Guinobatan, Albay;  Abuyog, Leyte; Estancia, Iloilo and Espanola, Palawan.

FCB is pleased to be given the opportunity to meet the growing needs of its customers in micro, small and medium business markets in the community it operates.  With its sustained growth, FCB shares its blessings by allocating more funds for investments in people and communities.