Category: Rural Banks

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 […]

Top Rural Banks in the Philippines

Updated February 20, 2019 Here are the 37 TOP RURAL BANKS in the Philippines  Based on TOTAL ASSETS, as of June 2018, published by the BSP on its website bsp.gov.ph. Here are the 37 Billionaire Rural Banks! RANK RURAL BANK TOTAL ASSETS    JUNE BILLION PESOS 2018 1 One Network Bank 27.15 2 East West Rural […]

Difference between Rural banks and Cooperative Banks

What’s the difference between rural banks and cooperative banks? They differ in type of ownership. Rural banks are owned and managed by private entities or individuals. Cooperative banks are owned, organized and managed by cooperatives or federation of cooperatives. What are common between rural banks and cooperative banks? They serve rural communities.  They lend money […]

29 Rural Banks with Net Worth of 52M and Above

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 […]

Rural Banks in Cavite

Here’s a list of Rural Banks in Cavite: Banco Carmona, Inc., A Rural Bank J.M. Loyola St. Carmona, Cavite No. of Offices: 2 Cavite Rural Banking Corporation M.H. del Pilar cor. Kiamzon Sts Barangay 3, Poblacion Silang, Cavite No. of Offices: 4 Cebuana Lhuillier Rural Bank, Inc. 160 Zapote Road Bacoor, Cavite No. of Offices: […]