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Robinsons Bank

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Defunct bank in the Philippines (1997–2024)

Robinsons Bank Corporation
FormerlyRobinsons Savings Bank (1997–2011)
Company typeSubsidiary
IndustryFinancial services
FoundedNovember 1997 (1997-11)
DefunctJanuary 1, 2024 (2024-01-01)
FateMerged with the BPI as surviving entity
SuccessorBank of the Philippine Islands
HeadquartersQuezon City, Philippines
Key people
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. In 2012, Robinsons Bank acquired majority ownership of the Legazpi Savings Bank based in Legazpi, Albay.

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

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
Bangko Sentral ng Pilipinas
Universal banks
Government banks
Commercial banks
Thrift banks
Digital banks
Other banks
Defunct
JG Summit Holdings
Headquarters
Pasig City
Current businesses
Former businesses
Related articles
Acquired by PLDT in 2011.
Sold to Intersnack in 2021.
Merged with BPI in 2023.
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