Here's a partial list of the Top Rural Banks in the Philippines, as of March 2015:
Previous rankings are here:
Top Rural Banks as of 2012
Top Rural Banks as of 2013
2015 Ranking
1. One Network Bank (ONB), A Rural Bank
One Network Bank, with its rapid growth rate and large branch network, has become the No. 1 rural bank in the Philippines. It will surely grow by leaps and bounds as it leverages the resources of BDO Unibank, the biggest bank in the Philippines, which signed an agreement to acquire ONB in December 2014.
Head Office:
ONB Center, KM 9, Sasa
Davao City
Hotline: (082)-233-7777
Email: customerservice@onenetworkbank.com.ph
Website: onenetworkbank.com.ph
- Total Assets as of June 2014: 26.5 billion
- Capital as of June 2014: more than 4 billion
- Capital adequacy ratio: 17%
- Total loan portfolio: 20 billion
- Number of branches: 102
- Number of employees: 1,481
Based on 2013 annual report on onenetworkbank.com.ph:
- Total assets as of December 2013: 25.7 billion
- Total deposits as of December 2013: 18 billion
- Total loan portfolio as of December 2013: 18.7 billion
- Non-performing loan ratio: 2%
- Return on Assets: 3%
- Return on Private Investment: 35%
- Risk-based capital adequacy ratio: 18%
(BSP requires a minimum CAR of 10%)
- Number of branches: 98
- Number of ATMs: 143
- Number of Employees: 1,480
- Opened its first branch outside Mindanao in 2012, in Makati
along Pasong Tamo Extension, near corner with EDSA
- ONB arose from the consolidation in 2004 of 3 rural banks: Network Rural Bank (Davao), Rural Bank of Panabo and Provident Rural Bank of Cotabato
- Chairman is Victor A. Consunji
- President and CEO of ONB is Alex V. Buenaventura
- Offers PeraDala foreign and local remittance service
Remittance tie-ups with:
BDO Remit
Asia United Bank Gintong Hatid
PNB Remittance
RCBC TeleMoney
BPI BPInoy Remittance
DBP EC Remit
XOOM
MoneyGram
Globe GCash
IRemit
UniTeller
MyRemit, A Kapamilya Service of TFC
XPress Money
Cebuana Lhuillier
- Offers PeraBayad bills payment service:
PLDT, SmartBro, Smart, Globe, Bayan Telecommunications, Innove Communications
SSS, Philhealth, Ateneo De Davao, Davao Doctors College Inc., Mountain View College
2. Bank of Makati, A Rural Bank
(Update Apr 22, 2015): Bank of Makati has become a thrift bank or savings bank. It started operating as Bank of Makati (A Savings Bank) Inc. on April 15, 2015.
No. 44 Sen. Gil Puyat Avenue
Makati City 1234
Trunkline: (02) 889-0000
Hotline: (02) 889-0000 loc. 902
Email: customerservice@bankofmakati.com
Website: bankofmakati.com.ph
Facebook page:
facebook.com/pages/Bank-of-Makati-A-Rural-Bank/232755353407095
- Total assets as of December 2014: 26.334 billion
- Total deposits as of December 2014: 16.402 billion
- Capital Stock as of December 2014: 2.763 billion
- Total Stockholders Equity as of December 2014: 5.772 billion
- Retained Earnings as of December 2014: 3.043 billion
- Gross Total Loan Portfolio as of December 2014: 19.287 billion
- Gross Non-performing loan ratio: 15.08%
- Net Non-performing loan ratio: 10.05%
- ROE as of December 2014: 3.51%
- Total capital adequacy ratio: 17.52%
- Tier 1 capital adequacy ratio: 17.02%
- Compliance with 8% Micro and Small Enterprises Law: 30.2%
- Compliance with 2% Medium Enteprises Law: 3.08%
- Number of branches: 19 branches and 24 loan centers
- Numner of microfinance-oriented branches in Metro Manila: 13
- Founded in July 1956
- Started operations in September 1956
- Changed ownership in October 2001
- Chairman is Thomas C. Ongtenco
and president is Ma. Rodora E. Banares
3. CARD Bank Inc., A Microfinance Oriented Rural Bank
CARD MRI
20 M. L. Quezon St., City Subdivision
San Pablo City, Laguna
Tel: (63)(049) 562-4309
Website: cardbankph.com/wp_cardbankph/bank
Email: info@cardbankph.com
- Member of the 8-institution CARD MRI
- Sister institution of Santo Tomas, Batangas-headquartered
savings bank CARD SME Bank
- Total Assets as of January 2015: 6.18 billion
- Return on Equity: 37.63%
- Return on Assets: 7.6%
- Number of Savers and other Clients: 1,395,190
- Number of Clients with Loans: 525,993
- Loan Repayment Rate: 98.98%
- Number of Employees: 2,392
- Number of Branches: 59
- Remittance tie-ups:
BDO
Xpress Money
Worldremit
Globe
MoneyGram
XOOM
Transfast
- Estimated Total Assets: 3 billion
- Number of branches: 47
8. Cantilan Bank, Inc. (A Rural Bank)
Corporate Headquarters:
Orozco St., Magosilom, Cantilan
Surigao del Sur
Phone: +63 86 2125056 to 60
Email: info@cantilanbank.com
Website: cantilanbank.com
- Total Assets as of 2013: 1.69 billion
- Number of branches: 22
plus 15 micro-banking offices and 14 atms
- Locations: Caraga, Compostela Valley, Davao del Norte, Davao Oriental, Southern Leyte
- BSP CAMELS rating: 4 out of 5 (CAMELS means Capital, Asset Quality, Management, Earnings, Liquidity and Sensitivity to Market Risks)
- Valued Partner in Housing, Home Guaranty Corp., 2014
- Distinguished Partner, Small Business Corp. (2013)
- 3rd Most Oustanding Rural Bank in the Philippines (Landbank CFI Awards 2013)
- No. 1 Corporate Taxpayer in Surigao del Sur and one of the top four corporate taxpayers in the Caraga Region, awarded in August 2013 by the BIR.
- Chairman is Lt. Gen. William K. Hotchkiss III (AFP, Ret.)
- President is Brig. Gen. Charles Y. Hotchkiss (AFP, Ret.)
- Total Assets: more than 1 billion
Its profile webpage states that it has resources of over a billion pesos and ranks among the top 3% of rural banks in the Philippines.
10. Katipunan Bank (ZN), Inc. A Rural Bank
Head office:
Quezon Avenue corner Aguilar St.
Miputak, Dipolog City
Phones: 0917-636-MY-KB (6952)
(065) 212-7647
Email: katipuneroko@katipunanbank.com
Facebook page: facebook.com/katipunanbank
Website: katipunanbank.com
- Total Assets: More than 1 billion pesos
- Its website says it is ranked 18th out of more than 600 rural and cooperative banks in
the Philippines
- CAMELS rating: 4 out of 5
- Offers deposit products with free insurance
14. Rural Bank of Tanza (Cavite), Inc.
(also known as Bangko Mabuhay)
A. Soriano St. (Hi-way)
Daang Amaya, Tanza, Cavite
Phones: (046) 489-2001-2004; 489-2010-2013
Email: bmabuhay@rbap.org
- Total Assets as of December 2012: 1.015 billion
- Honored by the BSP in September 2014 (Business Expectations Survey in Region IV)
- Member of the Home Guaranty Corp.'s
Bankers-Builders-Buyers plus Brokers Program
- Number of offices: 8
- Pending consolidation with Rural Bank of Teresa (Rizal) Inc.
- President is Edwin S. Fojas
Previous rankings are here:
Top Rural Banks as of 2012
Top Rural Banks as of 2013
2015 Ranking
1. One Network Bank (ONB), A Rural Bank
One Network Bank, with its rapid growth rate and large branch network, has become the No. 1 rural bank in the Philippines. It will surely grow by leaps and bounds as it leverages the resources of BDO Unibank, the biggest bank in the Philippines, which signed an agreement to acquire ONB in December 2014.
Head Office:
ONB Center, KM 9, Sasa
Davao City
Hotline: (082)-233-7777
Email: customerservice@onenetworkbank.com.ph
Website: onenetworkbank.com.ph
- Total Assets as of June 2014: 26.5 billion
- Capital as of June 2014: more than 4 billion
- Capital adequacy ratio: 17%
- Total loan portfolio: 20 billion
- Number of branches: 102
- Number of employees: 1,481
Based on 2013 annual report on onenetworkbank.com.ph:
- Total assets as of December 2013: 25.7 billion
- Total deposits as of December 2013: 18 billion
- Total loan portfolio as of December 2013: 18.7 billion
- Non-performing loan ratio: 2%
- Return on Assets: 3%
- Return on Private Investment: 35%
- Risk-based capital adequacy ratio: 18%
(BSP requires a minimum CAR of 10%)
- Number of branches: 98
- Number of ATMs: 143
- Number of Employees: 1,480
- Opened its first branch outside Mindanao in 2012, in Makati
along Pasong Tamo Extension, near corner with EDSA
- ONB arose from the consolidation in 2004 of 3 rural banks: Network Rural Bank (Davao), Rural Bank of Panabo and Provident Rural Bank of Cotabato
- Chairman is Victor A. Consunji
- President and CEO of ONB is Alex V. Buenaventura
- Offers PeraDala foreign and local remittance service
Remittance tie-ups with:
BDO Remit
Asia United Bank Gintong Hatid
PNB Remittance
RCBC TeleMoney
BPI BPInoy Remittance
DBP EC Remit
XOOM
MoneyGram
Globe GCash
IRemit
UniTeller
MyRemit, A Kapamilya Service of TFC
XPress Money
Cebuana Lhuillier
- Offers PeraBayad bills payment service:
PLDT, SmartBro, Smart, Globe, Bayan Telecommunications, Innove Communications
SSS, Philhealth, Ateneo De Davao, Davao Doctors College Inc., Mountain View College
2. Bank of Makati, A Rural Bank
(Update Apr 22, 2015): Bank of Makati has become a thrift bank or savings bank. It started operating as Bank of Makati (A Savings Bank) Inc. on April 15, 2015.
No. 44 Sen. Gil Puyat Avenue
Makati City 1234
Trunkline: (02) 889-0000
Hotline: (02) 889-0000 loc. 902
Email: customerservice@bankofmakati.com
Website: bankofmakati.com.ph
Facebook page:
facebook.com/pages/Bank-of-Makati-A-Rural-Bank/232755353407095
- Total assets as of December 2014: 26.334 billion
- Total deposits as of December 2014: 16.402 billion
- Capital Stock as of December 2014: 2.763 billion
- Total Stockholders Equity as of December 2014: 5.772 billion
- Retained Earnings as of December 2014: 3.043 billion
- Gross Total Loan Portfolio as of December 2014: 19.287 billion
- Gross Non-performing loan ratio: 15.08%
- Net Non-performing loan ratio: 10.05%
- ROE as of December 2014: 3.51%
- Total capital adequacy ratio: 17.52%
- Tier 1 capital adequacy ratio: 17.02%
- Compliance with 8% Micro and Small Enterprises Law: 30.2%
- Compliance with 2% Medium Enteprises Law: 3.08%
- Number of branches: 19 branches and 24 loan centers
- Numner of microfinance-oriented branches in Metro Manila: 13
- Founded in July 1956
- Started operations in September 1956
- Changed ownership in October 2001
- Chairman is Thomas C. Ongtenco
and president is Ma. Rodora E. Banares
3. CARD Bank Inc., A Microfinance Oriented Rural Bank
CARD MRI
20 M. L. Quezon St., City Subdivision
San Pablo City, Laguna
Tel: (63)(049) 562-4309
Website: cardbankph.com/wp_cardbankph/bank
Email: info@cardbankph.com
- Member of the 8-institution CARD MRI
- Sister institution of Santo Tomas, Batangas-headquartered
savings bank CARD SME Bank
- Total Assets as of January 2015: 6.18 billion
- Return on Equity: 37.63%
- Return on Assets: 7.6%
- Number of Savers and other Clients: 1,395,190
- Number of Clients with Loans: 525,993
- Loan Repayment Rate: 98.98%
- Number of Employees: 2,392
- Number of Branches: 59
- Remittance tie-ups:
BDO
Xpress Money
Worldremit
Globe
MoneyGram
XOOM
Transfast
4. East West Rural Bank, Inc.
A subsidiary of East West Banking Corp.
(Formerly Green Bank Inc.)
Hotlines:
+63 917-3116411
+63 932-8578397
+63 918-9930270
Trunkline:
+63 85 342-2911
Website: eastwestruralbank.com
Customer Service Email:
helpdesk@eastwestruralbank.com
Mailing Address:
East West Rural Bank, Inc.
#360 Dr. Sixto Antonio Avenue, Brgy. Caniogan
Pasig City, 1606 Philippines
- Estimated Total Assets: 3 billion
- East West Banking Corp. acquired Green Bank Inc. (Rural Green Bank of Caraga) in 2011 and was renamed EastWest Rural Bank in November 2013 after Green Bank merged with East West-acquired bank Finman Rural Bank of Pasig.
9 in Luzon
14 in Visayas
24 in Mindanao
- President and CEO is Elpidio F. Masbad III
5. BOF, Inc. (A Rural Bank)
(formerly Bank of Florida, A Rural Bank)
Head office:
McArthur Highway, Dolores
San Fernando City, 2000 Pampanga
Email: customercare@bankofflorida.ph
Phones:
(045) 963-5288 to 90
(045) 961-7079
(045) 963-5188 to 89
Website: bankofflorida.ph
Facebook page: facebook.com/bankofflorida.ph
- Total assets as of January 2014: More than 2.6 billion
- Number of Branches: 15
- BOF's Facebook page says BOF is the Top Rural Bank in Region 3
(Pampanga, Bulacan, Tarlac)
- Consolidated with Bank of Lubao, A Rural Bank in January 2014
- Chairman Emeritus is Ladislao S. David
- Chairman and President is Teresa David-Carlos
- BOF is a subsidiary of House of David Investment and Management Corp.
- BOF's sister companies are:
House of David Realty and Development Corp.
Mary the Queen Academy of Pampanga Inc.
Mary the Queen College of Pampanga Inc.
D.A. Market Securities Inc.
- Deposit products are called:
Apple Kiddie Savings Account
Banana Easy Savings Account
Orange Premium Checking Account
Mango Prime Time Deposit Account
5. BOF, Inc. (A Rural Bank)
(formerly Bank of Florida, A Rural Bank)
Head office:
McArthur Highway, Dolores
San Fernando City, 2000 Pampanga
Email: customercare@bankofflorida.ph
Phones:
(045) 963-5288 to 90
(045) 961-7079
(045) 963-5188 to 89
Website: bankofflorida.ph
Facebook page: facebook.com/bankofflorida.ph
- Total assets as of January 2014: More than 2.6 billion
- Number of Branches: 15
- BOF's Facebook page says BOF is the Top Rural Bank in Region 3
(Pampanga, Bulacan, Tarlac)
- Consolidated with Bank of Lubao, A Rural Bank in January 2014
- Chairman Emeritus is Ladislao S. David
- Chairman and President is Teresa David-Carlos
- BOF is a subsidiary of House of David Investment and Management Corp.
- BOF's sister companies are:
House of David Realty and Development Corp.
Mary the Queen Academy of Pampanga Inc.
Mary the Queen College of Pampanga Inc.
D.A. Market Securities Inc.
- Deposit products are called:
Apple Kiddie Savings Account
Banana Easy Savings Account
Orange Premium Checking Account
Mango Prime Time Deposit Account
6. Insular Bank, A Rural Bank
Head Office:
Ground Floor, Net Plaza, 31st Street
Bonifacio Global City, Taguig, Metro Manila
Phone: +63(2) 804-1351 to 52
Website: insularbank.ph
Total Assets as of December 2013: 2.139 billion
Total Deposits: 1.294 billion
Total Loan Portfolio: 1.319 billion
- Chairman emeritus is Atty. Augusto A. Martirez
- Chairman is Jaime J. Martirez
- President is Reynaldo J. Martirez
7. Rang-ay Rural Bank
Head Office:
Nisce-Querol Building, No. 67 Gov. Luna St.
San Fernando City, La Union 2500
Phone: 072-242-5661 to 63 / 700-5660 to 61
Email: headoffice@rangaybank.com
- Total Assets as of December 2014: 2.05 billion
- Biggest Rural Bank in the Ilocos and Cordillera regions
- Number of branches: 25
- Has BSP-approved branch openings in 2015
- Offers loan programs:
Pabahay Housing Loan
Barangay Loan
OFW Loan
Ginto Loan
DepEd Teacher Loan
2-Year SSS Pensioner Loan
Salary Loan
Multi-Purpose Loan
Farmer Loan
SME Business Loan
Motor Vehicle Acquisition Loan
Talek Microfinance
- Remittance tie-ups:
BDO Remit
Uniteller
Western Union
G-Cash
- Bills payment though ECPay
- Chairman is Ives Q. Nisce
8. Cantilan Bank, Inc. (A Rural Bank)
Corporate Headquarters:
Orozco St., Magosilom, Cantilan
Surigao del Sur
Phone: +63 86 2125056 to 60
Email: info@cantilanbank.com
Website: cantilanbank.com
- Total Assets as of 2013: 1.69 billion
- Number of branches: 22
plus 15 micro-banking offices and 14 atms
- Locations: Caraga, Compostela Valley, Davao del Norte, Davao Oriental, Southern Leyte
- BSP CAMELS rating: 4 out of 5 (CAMELS means Capital, Asset Quality, Management, Earnings, Liquidity and Sensitivity to Market Risks)
- Valued Partner in Housing, Home Guaranty Corp., 2014
- Distinguished Partner, Small Business Corp. (2013)
- 3rd Most Oustanding Rural Bank in the Philippines (Landbank CFI Awards 2013)
- No. 1 Corporate Taxpayer in Surigao del Sur and one of the top four corporate taxpayers in the Caraga Region, awarded in August 2013 by the BIR.
- Chairman is Lt. Gen. William K. Hotchkiss III (AFP, Ret.)
- President is Brig. Gen. Charles Y. Hotchkiss (AFP, Ret.)
9. Bangko Kabayan (BK), A Rural Bank
Head office:
Santiago Street, Poblacion
Ibaan, Batangas
Tel: (043) 311 1420
Website: bangkokabayan.com
Facebook Page: facebook.com/bangkokabayan
- Total Assets: more than 1 billion
Its profile webpage states that it has resources of over a billion pesos and ranks among the top 3% of rural banks in the Philippines.
- Bangko Kabayan was the Best in Region IV-A in LANDBANK's 2014 Gawad CFI (Countryside Financial Institution Awards program. BK has won the award for 6 consecutive years.
- Bangko Kabayan has signed a partnership agreement with Home Guaranty Corporation (HGC) in May 2014 to offer Microfinance and Small Housing Loan programs.
- Bangko Kabayan's managing director Teresa Ganzon, who with her husband, has a controlling interest in Bangko Kabayan Inc. in 1989, is a leader in the Economy of Communion, an international network of more than 800 businesses committed to putting into practice the Catholic social doctrine.
- One of the Top 5 Taxpayers in Region IV-A
- Offers Housing Loan to OFWs (300,000 to 3 million)
- Offers 5-year Time Deposit with Free Insurance
(minimum of 100,000 for Sure Save and
minimum of 50,000 for OFW "Our Future Wealth" Deposit)
10. Katipunan Bank (ZN), Inc. A Rural Bank
Head office:
Quezon Avenue corner Aguilar St.
Miputak, Dipolog City
Phones: 0917-636-MY-KB (6952)
(065) 212-7647
Email: katipuneroko@katipunanbank.com
Facebook page: facebook.com/katipunanbank
Website: katipunanbank.com
- Total Assets: More than 1 billion pesos
- Its website says it is ranked 18th out of more than 600 rural and cooperative banks in
the Philippines
- CAMELS rating: 4 out of 5
- Offers deposit products with free insurance
11. Tanay Rural Bank
Head Office:
F.T. Catapusan St., Plaza Aldea
Tanay, Rizal
Phone: (02)654-5335 to 44
Website: trb.com.ph
Facebook page: facebook.com/TanayRuralBankLoans
- Number of offices: 11
- Total Assets as of September 2010: 1.026 billion
- President is Michael A. Bautista
12. Rural Bank of Porac (Pampanga), Inc.
(Main Office):
Gen. Luna St., Cangatba
Porac, Pampanga
Phones: (045) 329 2505 / 436 7740
(045) 329 2407 / 329 2408
Customer Hotline: 045) 624-6177
Email: info@poracbank.com
Facebook page: facebook.com/pages/Porac-Bank/108260069238490
Website: poracbank.com
- Number of branches: 11 (Pampanga and Bulacan)
- Authorized capitalization: 150 million
- Total paid-up capitalization: 120 million common stocks held by 66 private stockholders
- President and CEO is Lourdes Connie C. Tayag
13. Guagua Rural Bank
Head office:
Plaza Burgos, Guagua, Pampanga
Hotline for Deposits and Other Products & Services:
(045) 963-5177 / 09228289846 / 09237304307
Hotline for Loans: (045) 963-7267 / 09228289864
Email: guaguarb@rbap.org
Website: grbank.info
- Number of offices: 17
- One of the first 10 rural banks to open in the Philippines
- Website says GRB is one of the top rural banks in capital and in resources
- Website says GRB's financial standing was a major factor in BSP’s approval for a GRB branch in Quezon City, which is a highly restricted area for bank branches
- President is Jose Blas L. Carlos, Jr.
14. Rural Bank of Tanza (Cavite), Inc.
(also known as Bangko Mabuhay)
A. Soriano St. (Hi-way)
Daang Amaya, Tanza, Cavite
Phones: (046) 489-2001-2004; 489-2010-2013
Email: bmabuhay@rbap.org
- Total Assets as of December 2012: 1.015 billion
- Honored by the BSP in September 2014 (Business Expectations Survey in Region IV)
- Member of the Home Guaranty Corp.'s
Bankers-Builders-Buyers plus Brokers Program
- Number of offices: 8
- Pending consolidation with Rural Bank of Teresa (Rizal) Inc.
- President is Edwin S. Fojas
15. Rural Bank of Camalig (Albay), Inc.
(also known as Camalig Bank)
Corporate Office:
2nd Flr. Camalig Bank Bldg., 114 Peñaranda St., Legazpi City
Phones: (052) 480-0801 / (052) 480-0810
0917-5956045
Email: secretariat@camaligbank.com.ph
Head Office:
114 Penaranda St., Legazpi City
Phones: (052) 480-7083 / (052) 480-7278
0927-7993967
Email: HO@camaligbank.com.ph
- Total Assets: 924.9 million as of 2013
- Total Deposits: 607.9 million as of 2013
- Return on Equity: 9%
- Return on Assets: 2%
- Number of offices: 13
- Offers 6 types of deposit products and 14 loan products
- President is Jose Misael B. Moraleda