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The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, [1] there were 45 universal and commercial banks, [2] 44 savings banks, [3] 400 rural and cooperative banks, [4] 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ...
Rank Bank name Assets (millions of PHP) Asset change Rank change 1 Banco de Oro (BDO Unibank) 4,106,716.07: 2 Land Bank of the Philippines (LBP) 3,079,379.17
PBCom Rural Bank, formerly Banco Dipolog, Inc., was the 54th rural bank opened in the Philippines after the enactment of the Rural Banking Act of 1952. The late Justice Florentino Saguin, with the strong support of his son, Atty. Augusto “Tuting” Saguin, originally established it as the Rural Bank of Dipolog, Inc. (RBDI) on October 17, 1957, and opened its welcoming doors to the banking ...
Net income. P33.26 million PHP ( 40%) (2006) [1] Number of employees. unknown. Website. www.1stvalleybank.com.ph. 1st Valley Bank is a development bank (3rd in terms of assets) in the Philippines, based in Baroy, Lanao del Norte and servicing various areas in Mindanao, specifically the provinces of Lanao del Norte, Lanao del Sur, Misamis ...
Marayo Bank, Inc. (A Rural Bank) is a bank in the Philippines founded in 1969 as Rural Bank of Marayo (Neg. Occ.), Inc. [1] Rural banks, a type of bank created by the Rural Banks' Act of 1952, are private banks mandated to lend primarily to farmers and small merchants, on reasonable terms, in order to expand the rural economy. [2]
10,037 (2019) Website. www .landbank .com. Land Bank of the Philippines ( LBP; often referred to simply as LandBank ), is a government-owned bank in the Philippines with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank, it is officially classified as a "specialized government bank ...
LifeBank is a rural bank based in Iloilo, Philippines.It started operations on March 21, 1970 in Maasin, Iloilo as Rural Bank of Maasin. It is divided into two corporate arms each with its own designated finance and banking services functions: the LifeBank RB (LifeBank - A Rural Bank) and LifeBank MFI (LifeBank Microfinance Foundation Inc.).
Financial services. Total assets. ₱1.3 billion [1] (March 31, 2018) Number of employees. 217. Website. rbcauayan .com. Rural Bank of Cauayan, Inc. [2] or commonly known as RB Cauayan, is a rural bank established on April 7, 1965, in Cauayan, Isabela, Philippines. It was founded by Ireneo Bucag, Sr. and his wife Juana Bucag together with four ...