Loading a combo box with branch names

I'm using this way to load a combo box with branch names, but it's taking more time if there is more number of data.

Is there a better way to do this, like binding in PHP?

                                            
  
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I'd just like to note that use of the mysql_* functions are going to be deprecated in the next version or the one after than(link at the end). You should start using mysqli or PDO.

http://news.php.net/php.internals/53799

StackExchange Code Review Q#12009, answer score: 3