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
External links
References
- Robinsons Bank Corporation: Private Company Information Bloomberg L.P., retrieved May 15, 2017^
- de la Fuente, F.J.G. Robinsons Bank sets Manila expansion BusinessWorld, January 21, 2013, retrieved May 15, 2017^
- Delavin, I.C.C. Capital increase set for Robinsons Bank BusinessWorld, April 28, 2015, retrieved May 15, 2017^
- Tyrone Jasper C. Piad. BPI, Robinsons Bank confirm merger agreement INQUIRER.net, September 30, 2022, retrieved September 30, 2022^
- Aaron Michael C. Sy. BPI expects to complete rebranding of Robinsons Bank branches by October BusinessWorld Online, 4 March 2025, retrieved 5 March 2025^