Changes in Bank Names, 2010 to 2021

Updated January 31, 2022

Here’s a list of changes in bank names, based on BSP Circulars issued over the years from 2013 to 2022.

More recent changes are first on the list.

Changes in Bank Names in 2022

The change of name of Banco Laguna, Inc. (A Rural Bank Since 1965) to SeaBank Philippines, Inc. (A Rural Bank) was authorized by the BSP on September 17, 2021. Circular for announcement was signed January 25, 2022.
Reference: Circular Letter No. CL-2022-009

The change of name of Rural Bank of Abucay (Bataan), Inc. to Banco Abucay, Inc. doing business as Banco Abucay (A Rural Bank) was authorized by the BSP on December 17, 2019. The SEC approved its amended SEC papers bearing its new name on July 5, 2021.
Reference: Circular Letter No. CL-2021-086

Bank Name Changes in 2021

. Inter-Asia Development Bank has been authorized by the BSP to change its name to LOLC Bank Philippines Inc. (A Thrift Bank). Reference: BSP Circular Letter CL-2021-042 dated May 24, 2021

. Malayan Bank Savings and Mortgage Bank Inc. has been authorized to change its name to Malayan Savings Bank Inc. Reference: Circular Letter CL-2021-043 dated May 21, 2021

Bank Name Changes in 2020

Bank of China Ltd. – Manila Branch has been authorized to change its name to Bank of China (Hong Kong) Ltd. – Manila Branch., effective December 15, 2020. Reference: BSP Circular Letter CL-2021-009 dated January 14, 2021

Rural Bank of Atimonan Inc. has been authorized to change its name to Bayanihan Bank Inc. doing business as Bayanihan Bank (A Rural Bank).
Reference: BSP Circular Letter CL-2020-050 dated October 26, 2020

Smart Bank (Rural Bank) Inc. has been authorized to change its name to Welcome Bank (Rural Bank) Inc. on April 6, 2020. Reference: BSP Circular Letter CL-2020-044 dated September 16, 2020

Bank Name Changes in 2019

. TRBank (A Rural Bank) is the new name of Tanay Rural Bank. Name change was authorized by the BSP on June 11, 2019 and was approved by the SEC on September 25, 2019

. BDO Network Bank is the new name of One Network Bank, the rural bank subsidiary of BDO Unibank. Name change was authorized on July 2, 2019 by the BSP and was approved by the SEC on July 31, 2019. Complete name is BDO Network Bank, a Rural Bank.

RBG Imperial Bank Inc. (A Rural Bank) has changed its name to First Imperial Business Bank Inc. (A Rural Bank). BSP Circular Letter CL-2019-042 dated June 4, 2019

Change of Bank Names in 2017

. AllBank (A Thrift Bank), Inc. is the new name of Optimum Development Bank, Inc. Name change authorized by the BSP on July 7, 2017. Name change registered with the SEC on August 18, 2017.

. Cooperative Rural Bank of Bohol changed its name to Cooperative Bank of Bohol. Name change was authorized by the BSP on 20 January 2016.

. Rural Bank of San Antonio (Quezon), Inc. changed its name to Rural Bank San Antonio, Inc. on June 10, 2015

Bank Names Changes in 2014

. Allied Savings Bank  changed its name to PNB Savings Bank. Change of name was authorized by the BSP on August 8, 2014 and was registered with the SEC on November 25, 2014.

. Citibank Savings Inc. changed its name to Banco De Oro Savings Bank Inc. Change of name was authorized by the BSP on July 31, 2014 and was registered with the SEC on October 13, 2014.

. Pride Star Development Bank Inc. changed its name to Phil Star Development Bank. Change of name was authorized by the BSP on February 26, 2014 and was registered with the SEC on July 14, 2014.

. Philippine Postal Savings Bank changed its name to Postbank, A Savings Bank
Name change approved by the BSP on June 25, 2014

. The merged rural banks Bank of Florida Inc., A Rural Bank and Bank of Lubao Inc., A Rural Bank has been authorized to operate under the name BOF Inc., A Rural Bank starting January 2014.

Bank Name Changes in 2013

. Chinatrust (Philippines) Commercial Bank Corp. changed its name to CTBC Bank (Philippines) Corp.
Name change authorized by the BSP on October 2, 2013

. Life Bank Rural Bank of Maasin (Iloilo) Inc. changed its name to LifeBank – A Rural Bank
Name change authorized by the BSP on September 13, 2013.

. Mizuho Corporate Bank Ltd. Manila Branch changed its name to Mizuho Bank Ltd. Manila Branch
Name change authorized by the BSP on August 30, 2013

. Rural Bank of Marayo (Negros Occidental) Inc. changed its name to Marayo Bank Inc. (A Rural Bank)
Name change authorized by the BSP on August 13, 2013

. Rural Bank of Cotabato Inc. changed its name to Palm Tree Bank Inc. (A Rural Bank).
Name change approved by the BSP on June 28, 2013.

. Finman Rural Bank Inc. changed its name to East West Rural Bank Inc.
Name change approved by the BSP on June 19, 2013

. Entrepreneur Rural Bank Inc. changed its name to  Entrepreneur Bank (A Rural Bank) 
Name change approved by the BSP on May 28, 2013

. Rural Bank of Bongabong (Oriental Mindoro) Inc. changed its name to The Country Bank Rural Bank of Bongabong Oriental Mindoro Inc.
Name change approved by the BSP on May 17, 2013

. Unlad Rural Bank of Noveleta (Cavite) Inc. changed its name to Bangko Noveleta Inc. A Rural Bank
Name change authorized by the BSP on May 5, 2013

. Rural Bank of Cebu South Inc. changed its name to Bankways Inc. (A Rural Bank)
Name change approved by the BSP on April 19, 2013

. Rural Bank of Calamba (Laguna) Inc. changed its name to Banco de Calamba Inc. (A Rural Bank).
Name change approved by the BSP on March 3, 2013

First Malayan Leasing and Finance Corp. changed its name to RCBC Leasing and Finance Corp.
Name change announced by the BSP on January 23, 2013

. Tong Yang Savings Bank Inc. changed its name to TongYang Savings Bank Inc.
Name change authorized by the BSP on January 15, 2013

. First Agro-Industrial Rural Bank Inc. changed its name to First Agro-Industrial Rural Bank Inc. (Fairbank)
Name change approved by the BSP on March 26, 2010

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