Robinsons Bank Corporation, also known as RBank, is a commercial bank which provides banking services for retail and business customers in the
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no),
* bik, Republika kan Filipinas
* ceb, Republika sa Pilipinas
* cbk, República de Filipinas
* hil, Republ ...
.
History
The company was formerly known as Robinsons Savings Bank and changed its name to Robinsons Bank Corporation in May 2011. Robinsons Bank Corporation was founded in 1997 and is based in
Quezon City
Quezon City (, ; fil, Lungsod Quezon ), also known as the City of Quezon and Q.C. (read in Filipino as Kyusi), is the most populous city in the Philippines. According to the 2020 census, it has a population of 2,960,048 people. It was foun ...
with branches across the Philippines. Robinsons Bank Corporation operates as a subsidiary of
JG Summit Holdings
JG Summit Holdings, Inc (JGSHI) is one of the largest conglomerates in the Philippines with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, publishing, real estate and property ...
, Inc.
In 2012, Robinsons Bank acquired majority ownership of the Legazpi Savings Bank based in
Legazpi, Albay
Legazpi, officially the City of Legazpi ( bcl, Siyudad nin Legazpi; fil, Lungsod ng Legazpi), is a 1st class component city and capital of the province of Albay, Philippines. According to the 2020 census, it has a population of 209,533. Legazpi ...
.
On September 30, 2022, Robinsons Bank together with
Bank of the Philippine Islands
Bank of the Philippine Islands ( fil, Bangko ng Kapuluang Pilipinas, es, Banco de las Islas Filipinas, commonly known as BPI; ) is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is t ...
disclosed their merger expected to complete by 2023, with BPI as the surviving entity.
See also
*
List of banks in the Philippines
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks. As of October 17, 2017, there were 36 universal and commercial banks, 57 savings banks, ...
*
BancNet
BancNet (also spelled Bancnet) is a Philippine-based interbank network connecting the ATM networks of local and offshore banks, and the country's single interbank network in the Philippines in terms of the number of member banks and annual tr ...
References
{{JG Summit Holdings
Banks of the Philippines
Banks established in 1997
Companies based in Quezon City
JG Summit Holdings subsidiaries