10.21.2015

29 Rural Banks with Net Worth of 52M and Above

By Nora

Here's a list of the 29 rural banks with net worth of 52M and above, based on SSS 2015-005 circular, listing 29 rural banks and 3 cooperative banks which it has authorized to collect SSS payments and pay SSS benefits:

29 Rural Banks with Net Worth of 52M and above
  • Banco Makiling (Laguna)
  • Bangko Kabayan (Batangas)
  • Bangko Mabuhay (Tanza, Cavite)
  • Camalig Bank (Albay)
  • Cantilan Bank (Surigao del Sur)
  • CARD Bank Inc. (Laguna)
  • Country Builders Bank Inc. (Taguig City)
  • East West Rural Bank (Pasig City)
  • Guagua Rural Bank (Pampanga)
  • Innovative Bank Inc. (Pililla, Rizal)
  • Katipunan Rural Bank (Dipolog City)
  • Laguna Prestige Banking Corp.
  • Malarayat Rural Bank (Lipa City)
  • One Network Bank Inc. (Davao City)*
  • Planbank (Canlubang, Laguna)
  • Rang-ay Bank (La Union)
  • Rural Bank of Angono (Rizal)
  • Rural Bank of Bambang (Nueva Vizcaya)
  • Rural Bank of Bayombong (Nueva Vizcaya)
  • Rural Bank of Cauayan (Isabela)
  • Rural Bank of Digos (Davao del Sur)
  • Rural Bank of Pandi (Bulacan)
  • Rural Bank of Porac (Pampanga)
  • Rural Bank of San Antonio (Quezon)
  • Rural Bank of San Jose (Camarines Sur)
  • Rural Bank Talisayan Bank Inc. (Misamis Oriental)
  • Saviour Rural Bank (Pampanga)
  • The Country Bank (Bongabong, Oriental Mindoro)
  • Tiaong Rural Bank (Quezon)

3 Cooperative Banks with Net Worth of 52 Million and Above

  • Cooperative Bank of Quezon Province
  • First Isabela Cooperative Bank
  • Metro South Cooperative Bank (Makati City)
Here's a list of rural banks with net worth less than 52M which are authorized as SSS collecting and paying banks:

  • Bangko Nuestra Sra. del Pilar (Pampanga)
  • Mega Rural Bank (Lucena City)
  • Rural Bank of Abucay (Bataan)
  • Rural Bank of Bauang Inc. (La Union)
  • Rural Bank of Hilongos (Leyte)
  • Rural Bank of Hindang (Leyte)
  • Rural Bank of Lanuza (Surigao del Sur)
  • Rural bank of La Paz (Tarlac)
  • Rural Bank of Rosario (La Union)
  • Rural Bank of Sagay (Negros Occidental)
  • Rural Bank of Sta. Catalina (Negros Oriental)
  • Rural Bank of Taal (Batangas)

Cooperative Bank with net worth less than 52M, authorized as SSS collecting and paying bank:
  • Cooperative Bank of Ilocos Norte


* One Network Bank (ONB) is currently the biggest rural bank in the Philippines.
    Based on its 2013 annual report, ONB has:
  • 1,480 employees 
  • 98 branches 
  • 143 ATMs 
  • 18 billion in total deposits 
  • 25.753 billion in total resources 
  • 709,473,185 in net profit 

Surely above numbers have increased in 2015, with help from BDO which has acquired One Network Bank in July 2015.          

List of Rural Banks That Offer Checking Accounts
Top Rural Banks, 2015

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.