Robinsons Bank
Defunct bank in the Philippines (1997–2024) From Wikipedia, the free encyclopedia
Robinsons Bank Corporation, also known as RBank, was a Filipino commercial bank that provided banking services for retail and business customers.
 | |
| Formerly | Robinsons Savings Bank (1997–2011) |
|---|---|
| Company type | Subsidiary |
| Industry | Financial services |
| Founded | November 1997 |
| Defunct | January 1, 2024 |
| Fate | Merged with the BPI as surviving entity |
| Successor | |
| Headquarters | , |
Key people |
|
| Services | Banking |
| Owner | JG Summit Holdings |
| Website | www |
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 the Bank of the Philippine Islands disclosed their merger expected to complete 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
External links
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