4.10.2014

List of Foreign Banks' Representative Offices in the Philippines

By Nora
Updated May 29, 2016

The function of foreign banks' Representative Offices is to promote the foreign banks and the services they offer to the public.

They DO NOT accept deposits, do not issue letters of credit, and do not engage in foreign exchange trading.

They are required to add the words "Representative Office" to their banking name to prevent confusion.

There are 10 Foreign Banks' Representative Offices in the country, as of May 29, 2016

1
Bank of Singapore Limited Representative Office
22nd Floor, Tower I and Exchange Plaza
Ayala Triangle, Ayala Avenue, Makati City
No. of Offices: 1
Phones: 479-8783 / 479-8807
Email: kristen.quintos@bankofsingapore.com

2
Barclays Bank PLC Representative Office
Romulo, Mabanta, Sayoc & Delos Angeles Law Office
30th Floor Citibank Tower
8741 Paseo de Roxas, Makati City
No. of Offices: 1
Phone: 848-0114
Email: agustin.montilla@romulo.com

3
DBS Bank, Ltd. Representative Office
18th Floor BPI Bldg.
Ayala Avenue corner Paseo de Roxas
Makati City
No. of Offices: 1
Phones: 845-5112 / 816-9488 / 816-9150
Email: garylegarda@dbs.com

4
Japan Bank For International Cooperation Representative Office
11th Floor Tower 1
The Enterprise Center
6766 Ayala Avenue Cor. Paseo de Roxas
Makati City
No. of Offices: 1
Phone: 856-7711 to 14
Email: t-kazaoka@jbic.go.jp

5
Rothschild (Singapore) Limited Representative Office
30th Floor Citibank Tower
8741 Paseo de Roxas, Makati City 1226
No. of Offices: 1
Phones: 848-0114 / 849-2352
Email: veronique.singson@romulo.com

6
The Bank of New York Mellon Representative Office
10th Floor Philamlife Tower
8767 Paseo de Roxas, Makati City 1200
No. of Offices: 1
Phone: 885-0383
Email: teri.floro@bnymellon.com

7
The Export-Import Bank of Korea (Korea Eximbank) Representative Office
10th Floor Pacific Star Building
1226 Makati Avenue, Makati City
No. of Offices: 1
Phone: 864-0624
Email: tipark@koreaexim.go.kr

8
UBS AG Representative Office
19th Floor Tower 1 and Exchange Plaza
Ayala Triangle, Ayala Avenue, Makati City 1226
No. of Offices: 1
Phones: 784-8888/784-8807
Email: vince.valdepenas@ubs.com

9
Wells Fargo Bank, NA Representative Office
15th Floor Tower 1, Enterprise Center
6766 Ayala Avenue cor. Paseo de Roxas
Makati City 1200
No. of Offices: 1
Phone: 884-8426
Email: imelda.capistrano@wellsfargo.com
Website: wellsfargo.com

10
Korea Development Bank Representative Office
18th Floor, Tower 1, The Enterprise Center
6766 Ayala Avenue Corner Paseo de Roxas
Legaspi Village, Makati City
No. of Offices: 1
Phone: 556-0912
Email: goldbell@kdb.co.kr
Website: kdb.co.kr

List of Representative Offices, without addresses written

1    Bank of Singapore Ltd.

2    Barclays Bank PLC

3    DBS Bank, Ltd

4    Japan Bank For International Cooperation

5    Rothschild (Singapore) Ltd.

6  The Bank of New York Mellon

7  The Export-Import Bank of Korea (Korea Eximbank)

8  UBS AG

9  Wells Fargo Bank, NA

10  Korea Development Bank

Notes:
- The Representative Office of the State Bank of India ceased operations
   in July 2015. Cessation noted by the BSP on July 30, 2015.

- The Representative Office of Cathay United Bank Co. Ltd.
   ceased operations in March 2016.
   Cessation noted by the BSP on March 17, 2016

- The Representative Office of Sumitomo Mitsui Banking Corp.
   ceased operations in April 2016.
   Cessation noted by the BSP  on April 28, 2016.

List of Foreign 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.