3.21.2013

Philippine Banks Closed in 2009

By Nora


A total of 31 Philippine banks failed in 2009:

 27      Rural Banks
   2       Savings Banks or Thrift Banks
   2       Cooperative Banks
----
 31       Banks


1  Rural Bank of Subangdaku (Cebu), Inc.
- Head Office at Subangdaku, Mandaue City
- Had 6 branches: Pamplona in Las Pinas City, Dumaguete City,
  Lapu-Lapu City, Talisay in Cebu, Digos City, Gen. Santos City
- Closed by BSP: January 8, 2009
- Receivership by PDIC: January 9, 2009

2  Rural Bank of Sta. Rita (Pampanga), Inc.
- Head Office at San Vicente, Sta. Rita, Pampanga
- Had 1 branch: San Fernando City, Pampanga
- Closed by BSP: January 8, 2009
- Receivership by PDIC: January 9, 2009

3  Rural Bank of Bacolor (Pampanga), Inc.
- Head Office at Dolores, San Fernando City, Pampanga
- Had 2 branches: Mabalacat and San Fernando City
- Closed by BSP: January 8, 2009
- Receivership by PDIC: January 9, 2009

4  Rural Bank of Polangui (Albay), Inc.
- Office at Polangui, Albay
- Closed by BSP: February 26, 2009
- Receivership by PDIC: February 27, 2009

5  Rural Bank of Batan (Aklan), Inc.
- Office at Poblacion, Batan, Aklan
- Closed by BSP: March 6, 2009
- Receivership by PDIC: March 6, 2009

6  Cooperative Bank of Zamboanga del Sur
- Office at GF Cagampang Bldg., Bonifacio St., Pagadian City
- Closed by BSP: March 6, 2009
- Receivership by PDIC: March 10, 2009

7  Rural Bank of Maribojoc (Bohol), Inc.
- Office at Maribojoc, Bohol
- Closed by BSP: April 8, 2009
- Receivership by PDIC: April 14, 2009

8  Bangko Rural ng Kalumpit (Bulacan), Ink.
- Head Office at McArthur Highway, Corazon, Calumpit, Bulacan
- Had 1 branch: Guiguinto, Calumpit, Bulacan
- Closed by BSP: April 17, 2009
- Receivership by PDIC: April 20, 2009

9  Accord Savings Bank, Inc
- Head Office at Accord Bldg., No. 8 Abanao Extension, Baguio City
- Had 10 branches: Angeles City, Balanga City, cagayan Valley, San Fernando
   in La Union, Capas in Tarlac, Cebu City, Urdaneta, Olongapo City,
   Cainta in Rizal, Gen. Santos City
- Closed by BSP: April 17, 2009
- Receivership by PDIC: April 20, 2009

10  WinBank, Inc. (A Thrift Bank)
- Head Office at Cagayan Valley Road, Banga St., Plaridel, Bulacan
- had 12 branches: valenzuela City, Antipolo City, Imus, Malolos City,
   Meycauayan, Santa Maria, Baliaug, Legazpi City, Lipa City, Calamba,
   Batangas City, San Pablo City
- Closed by BSP: April 30, 2009
- Receivership by PDIC: May 4, 2009

11  Rural Bank of Sapang Dalaga (Misamis Occidental), Inc.
- Office at Poblacion, Sapang Dalaga, Misamis Occidental
- Closed by BSP: May 14, 2009
- Receivership by PDIC: May 15, 2009

12  Banco Agricola, Inc. (A Rural Bank)
- Head Office address at Maharlika Highway, Centro East, Santiago City,
   Isabela
- Had 10 branches: 8 in Isabela, 1 in Nueva Vizcaya, 1 in Quirino
- Closed by BSP: May 21, 2009
- Receivership by PDIC: May 22, 2009

13  Rural Bank of Mabinay (Negros Oriental), Inc.
- Head Office at Lumbangan, Mabinay, Negros Oriental
- Had 1 branch: Gorcil Bldg., M.C. Briones Highway, Mandaue City
- Closed by BSP: May 28, 2009
- Receivership by PDIC: May 29, 2009

14  Cardinal Rural Bank (Cebu), Inc.
- Office at St. Francis St., East Poblacion, Naga, Cebu
- Closed by BSP: May 28, 2009
- Receivership by PDIC: May 29, 2009

15  Rural Bank of Oas (Albay) Inc.
- Office at Oas, Albay
- Closed by BSP: May 28, 2009
- Receivership by PDIC: May 29, 2009

16  Rural Bank of Toledo City (Cebu), Inc.
- Office at Poloyapoy St., Toledo City, Cebu
- Closed by BSP: July 2, 2009
- Receivership by PDIC: July 3, 2009

17  Advance Bank, Inc. (Rural Bank)
- Head Office address at Tirona Highway, Habay, Bacoor, Cavite
- Had 3 branches: Rosario, Silang and GMA
- Closed by BSP: July 30, 2009
- Receivership by PDIC: July 31, 2009

18  Philippine Farmers Bank, Inc. (A Rural Bank)
- Head Office at Canoy Bldg., Borja/Velez Sts., Cagayan de Oro City
- Had 13 branches: Dagupan City, Cabanatuan City, San Fernando City in
   Pampanga, Lucena City, Naga City, Bacolod City, Iloilo City, Mandaue City,
   Ormoc City, Tacloban City, Zamboanga City, Ozamis City, Davao City
- Closed by BSP: September 17, 2009
- Receivership by PDIC: September 18, 2009

19  Rural Bank of Gabaldon (Nueva Ecija), Inc.
- Office at Gabaldon, Nueva Ecija
- Closed by BSP: September 17, 2009
- Receivership by PDIC: September 18, 2009

20  Rural Bank of Dasol (Pangasinan), Inc.
- Head Office at Dasol, Pangasinan
- Had 4 branches: 3 in Pangasinan, 1 in San Clemente, Tarlac
- Closed by BSP: September 17, 2009
- Receivership by PDIC: September 18, 2009

21  Rural Bank of Libon (Albay), Inc.
- Office at San Bartolome St., Libon, Albay
- Closed by BSP: November 6, 2009
- Receivership by PDIC: November 9, 2009

22  Rural Bank of Sarrat (Ilocos Norte), Inc.
- Office at Sarrat, Ilocos Norte
- Closed by BSP: November 12, 2009
- Receivership by PDIC: November 13, 2009

23  Balayan Bay Rural Bank, Inc.
- Office at 107 Plaza Rizal, Balayan, Batangas
- Closed by BSP: November 26, 2009
- Receivership by PDIC: November 27, 2009

24  Rural Bank of San Ildefonso (Bulacan), Inc.
- Office at Poblacion San Ildefonso, Bulacan
- Closed by BSP: December 1, 2009
- Receivership by PDIC: December 2, 2009

25  Rural Bank of Tacurong (Sultan Kudarat), Inc.
- Head Office at Alunan Highway, Tacurong City, Sultan Kudarat
- Had 2 branches: Columbio in Sultan Kudarat and Carmen in North Cotabato
- Closed by BSP: December 3, 2009
- Receivership by PDIC: December 7, 2009

26  Camiguin Cooperative Rural Bank, Inc.
- Head Office at B. Aranas St., Poblacion, Mahinog, Camiguin, Northern
   Mindanao
- Had 2 branches: Mambajao in Camiguin, Balingoan in Misamis Oriental
- Closed by BSP: December 3, 2009
- Receivership by PDIC: December 4, 2009

27  Kaunlaran Rural Bank, Inc.
- Office at Soriano St., Manaoag, Pangasinan
- Closed by BSP: December 3, 2009
- Receivership by PDIC: December 4, 2009

28  President Roxas Rural Bank, Inc.
- Office at Pres. Roxas, Capiz
- Closed by BSP: December 10, 2009
- Receivership by PDIC: December 11, 2009

29  Rural Bank of Bautista (Pangasinan), Inc.
- Head Office at Nandacan, Bautista, Pangasinan
- Had 3 branches: San Carlos, Pozorrubio, Alcala
- Closed by BSP: December 10, 2009
- Receivership by PDIC: December 11, 2009

30  Corfarm Rural Bank of Umingan (Pangasinan), Inc.
- Head Office at Salientes St., Poblacion, Pangasinan
- Had 1 branch: Rosales, Pangasinan
- Closed by BSP: December 10, 2009
- Receivership by PDIC: December 11, 2009

31  Rural Bank of Malasiqui (Pangasinan), Inc.
- Head Office at Malasiqui, Pangasinan
- Had 2 branches: Villasis, Masiqui
- Closed by BSP: December 10, 2009
- Receivership by PDIC: December 11, 2009

Closed Banks in  2013
Closed Banks in  2012
Closed Banks in  2011
Closed Banks in  2010

Philippine banks closed
Banks in the Philippines that failed
Failed banks in the Philippines

0 comments:

Post a Comment

Please write your comment. Then click Publish. Login to Gmail. Click Publish again.
Your Gmail address will not be displayed online. It will not be seen by me.
If already logged in to Gmail, just click Publish after commenting, and your comment will be quickly published.