Philippine Bank Closures in 2019

Here’s a list of Philippine bank closures in 2019:

As of today, February  28, 2019, two banks have been closed down, and both were rural banks:

1.  Bagong Bangko Rural ng Malabang (Lanao del Sur), Inc. 
– Office address at 593 Bayan St., Brgy. China Town (Pob.)

Malabang, Lanao del Sur
– Closed by the BSP on January 24, 2019
– Taken over by the PDIC on January 24, 2019

2.  Rural Bank of Mabitac (Laguna), Inc.
– Head Office address at 17 J. Rizal St., Brgy. Sinagtala (Poblacion)
Mabitac, Laguna
– Closed down by the BSP on February 21, 2019
– Taken over by the PDIC on February 22, 2019

– Had 16 branches, located in Laguna, Batangas, Rizal and Quezon:
. Trapiche Rd., Poblacion Brgy. 6, City of Tanauan, Batangas
. LPA #2 Silva Bldg., Brgy. Banlic, Cabuyao City, Laguna
. 1003 Brgy. Mamatid, Cabuyao City, Laguna
. 194 JP Rizal St., Brgy. 6 (Pob.), City of Calamba, Laguna
. KCD Apartment C, Brgy. Dila, City of Sta. Rosa , Laguna
. Lopez Ave., Batong Malake, Los Baños, Laguna
. Brgy. Maahas, Los Baños, Laguna
. 91 J.Rizal St., Brgy. Poblacion II (Pob.), Nagcarlan, Laguna
. JP Rizal St., Brgy. Ibaba del Sur (Pob.), Paete, Laguna
. 4-0907 J. Rizal St., Brgy. Quinale (Pob.), Paete, Laguna
. Sitio Mapagmahal, Brgy. Pagsawitan, Sta. Cruz, Laguna
. R. Velasquez St., Brgy. II (Pob.), Sta. Maria, Laguna
. G. Redor St., Brgy. P. Burgos, Siniloan, Laguna
. J. Rizal St., Poblacion I (Brgy. I), Infanta, Quezon
. Ona St., Brgy. Poblacion, Candelaria, Quezon
. 12 Tentado St., Brgy. Tabing Ilog (Pob.), Tanay, Rizal

If you’re a depositor of a failed bank:


Deputy Receiver
Philippine Deposit Insurance Corporation
5th Floor, SSS Bldg., Ayala Avenue cor. V.A. Rufino St.
Makati City, Metro Manila.

Or contact:
Phone No.: (632) 841-4000 loc. 4630
(for Metro Manila depositors)
Fax No.: (632) 817-3566

For depositors outside Metro Manila, call
Toll Free: 1-800-1-888-7342 or




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