Robinsons Bank Corporation
FormerlyRobinsons Savings Bank (1997–2011)
Company typePrivate
IndustryFinancial services
FoundedNovember 1997; 26 years ago (November 1997)
Defunct1 January 2024 Edit this on Wikidata
FateMerged with Bank of the Philippine Islands
Headquarters
Quezon City
,
Philippines
Key people
  • Lance Gokongwei (Chairman)
  • Frederick D. Go (Vice Chairman)
  • Elfren Antonio S. Sarte (President & CEO)
ServicesBanking
OwnerJG Summit Holdings
Websitewww.robinsonsbank.com.ph

Robinsons Bank Corporation, also known as RBank, was a Filipino commercial bank which provides banking services for retail and business customers.

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 with branches across the Philippines. Robinsons Bank Corporation operates as a subsidiary of JG Summit Holdings, Inc.[1][2] In 2012, Robinsons Bank acquired majority ownership of the Legazpi Savings Bank based in Legazpi, Albay.[3]

On September 30, 2022, Robinsons Bank together with Bank of the Philippine Islands disclosed their merger expected to complete by 2023, with BPI as the surviving entity.[4]

See also

References

  1. ^ "Robinsons Bank Corporation: Private Company Information". Bloomberg L.P. Retrieved May 15, 2017.
  2. ^ de la Fuente, F.J.G. (January 21, 2013). "Robinsons Bank sets Manila expansion". BusinessWorld. Retrieved May 15, 2017.
  3. ^ Delavin, I.C.C. (April 28, 2015). "Capital increase set for Robinsons Bank". BusinessWorld. Retrieved May 15, 2017.
  4. ^ Piad, Tyrone Jasper C. (September 30, 2022). "BPI, Robinsons Bank confirm merger agreement". INQUIRER.net. Retrieved September 30, 2022.

External links

Banks in the Philippines
JG Summit Holdings
Categories