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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 ...
[1] [2] The bank traces its roots to two banking institutions in Bulacan; the Bulacan Development Bank (BDB) which was founded in 1961 in San Miguel and the Bulacan Savings and Loan Association (BSLA) of Malolos. [3] At least one these banks in Bulacan catered to entrepreneurs from the countryside who runs small and medium enterprises (SMEs). [4]
The third branch of the Rural Bank of Pandi will soon open in Guiguinto, Bulacan, 2012, which is north-west of Pandi, next to its mother town Balagtas, Bulacan. Rural Bank of Pandi is the pioneer bank of the town founded by Julita Cruz Andres, a resident of Pandi who is a native of Angat, Bulacan - baranggay 'Niyugan' and Atty. Ciriaco C ...
Rank Bank name Assets (millions of PHP) Asset change Rank change 1 BDO Network Bank, Inc. 87,679.80: 2 EastWest Rural Bank, Inc. (EWRB) 24,282.73
The Rural Bank of Bustos under Producers Savings Bank Corporation. Bustos has a rural bank, the Rural Bank of Bustos, which is located at Gen. Alejo Santos Highway, Barangay Bonga Menor, beside the Bustos by-pass road going to Cabanatuan, Nueva Ecija. It has a branch in Barangay Poblacion in front of Santo Niño Hospital. The bank is currently ...
Sorsogon Provincial Cooperative Bank (SPCB) South Luzon Federation of Cooperatives; Southern Global Services Multi-Purpose Cooperative (SGSMPC) Southern Leyte Employees Multi-Purpose Cooperative (SLEM) Southern Leyte State University Credit Cooperative (SLSU-CC) Springside (ARB) Irrigators and Farmers Multipurpose Cooperative (SIFAMCO)
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.
First Isabela Cooperative Bank, commonly known as FICOBank, is a cooperative bank in the Philippines established in the mid-1970s. It is primarily engaged in financial intermediation between and among: the farmers, fishers and their organizations; the micro, small and medium entrepreneurs; the rural, urban and overseas workers; and the other groups of financial consumers.