Robinsons Bank

Robinsons Bank Corporation
FormerlyRobinsons Savings Bank (1997–2011)
Company type
Subsidiary
IndustryFinancial services
FoundedNovember 1997 (1997-11)
DefunctJanuary 1, 2024 (2024-01-01)
FateMerged with the BPI as surviving entity
Successor
Headquarters
Quezon City
,
Philippines
Key people
ServicesBanking
OwnerJG Summit Holdings
Websitewww.robinsonsbank.com.ph

Robinsons Bank Corporation, also known as RBank, was a Filipino commercial bank that provided 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 was 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 the Bank of the Philippine Islands, disclosed that their merger was expected to be completed by 2023, with BPI as the surviving entity.[4]

The merger took effect on January 1, 2024, with BPI targeting to complete its integration with the remaining branches of Robinsons Bank by October 2025.[5]

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.
  5. ^ Sy, Aaron Michael C. (March 4, 2025). "BPI expects to complete rebranding of Robinsons Bank branches by October". BusinessWorld Online. Retrieved March 5, 2025.
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