Their reelection comes as BancNet reported a strong operational and financial performance in 2024. In a briefing to stockholders, Dee cited ongoing investments in digital infrastructure and operational resilience as core to BancNet’s strategy.
The company reported that fund transfers and payments through InstaPay dominated transaction volume last year, reflecting consumers’ continued preference for digital payments, a trend accelerated by the COVID-19 pandemic.
Bankers Nestor Tan and Fabian Dee received fresh mandates to lead BancNet for another year, being reelected as chairman and president, respectively, during the recent annual stockholders’ meeting of the country’s largest electronic banking consortium.