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1 References  





2 External links  














Banco San Juan







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From Wikipedia, the free encyclopedia
 


Rural Bank of San Juan, Inc.
Company typePrivate
IndustryFinance and Insurance
FoundedSan Juan, Philippines (1953)
HeadquartersMakati, Philippines

Key people

Oscar Inocentes, Chairman
Jobel G. Chua, President and CEO
ProductsFinancial services

Net income

unknown

Number of employees

250

Banco San Juan, formally known as the Rural Bank of San Juan, is one of the largest rural banks in the Philippines, ranking second in terms of resources. The bank is headquartered in Makati, Metro Manila. It has the distinction for being the first rural bank to join an interbank network, namely BancNet, and the rural bank with the largest branch network on the island of Luzon. The bank was founded in 1953. Prior to its acquisition, the bank has at least 30 branches in Metro Manila and Luzon.[1]

On May 28, 2011, it was announced that Banco San Juan was to be acquired by Banco de Oro Universal Bank. The acquisition was formalized on May 2012 after the Bangko Sentral ng Pilipinas (BSP) let the transaction proceed.[1] By May 2023 BSP has closed down its branch in Southern Leyte.[2]

References[edit]

  1. ^ a b Torres, Ted P. (29 May 2012). "BDO acquires Rural Bank of San Juan". Philstar.com. Retrieved 16 February 2024.
  • ^ "Monetary Board orders closure of another rural lender". BusinessWorld Online. 30 May 2023. Retrieved 16 February 2024.
  • External links[edit]

  • t
  • e

  • Retrieved from "https://en.wikipedia.org/w/index.php?title=Banco_San_Juan&oldid=1207911316"

    Categories: 
    Banks of the Philippines
    Banks established in 1953
    Companies based in Makati
    Privately held companies of the Philippines
    Bank stubs
    Hidden categories: 
    Articles needing additional references from February 2024
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    This page was last edited on 16 February 2024, at 01:32 (UTC).

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