Ann: Suspension from Official Quotation, page-66

@valueadd
Not sure if you are aware of how many banks there are in Philippines? We all know now that Union Bank and Metro Bank (Tier 1 Bank’s) decided to go in house with their own app to keep the fees for themselves. That’s kind of like the greedy big 4 banks here in Australia.
Those big banks net hundreds of millions of dollars a year and they can afford to develop/run/maintain their own app in-house.
I can see how the smaller banks would be attracted to PIL’s proven platform, after all we do have a tier 1 Bank (UCPB) onboard.
Don’t underestimate the future growth in this area for PIL.
It’s all about transaction numbers from the banks, doesn’t have to be 3 Tier 1 banks, it could come from 10 smaller banks.
We already know that when they had 150,000 registered agents between Metro Bank, Union Bank and United Coconut Plantation Bank, they were bringing in around AUD$150,000 (see pic) per quarter. Going by that, let’s assume that UCPB have 50,000 registered users now (they have over 50k downloads in Google Play store) and bringing in AUD$50,000 per quarter
That would represent roughly 20% of last quarters customer receipts.

I can only see revenue growing in this area IMO, plenty of smaller banks out there who can’t afford to go in-house with their own app.

Just my opinion




Savings banksEdit

1. 1st Valley Bank (a development bank)
2. AllBank, Inc.
3. Bank of Makati
4. Bank One Savings and Trust Corporation
5. Bataan Development Bank
6. Bataan Savings and Loan Bank
7. BPI Direct BanKo, Inc. (a subsidiary of BPI)
8. BPI Family Savings Bank (a subsidiary of BPI)
9. Business and Consumers Bank
10. CARD SME Bank, Inc. (a thrift bank)
11. Century Savings Bank Corporation
12. China Bank Savings (a subsidiary of Chinabank)
13. CitySavings Bank (a subsidiary of Unionbank)
14. Citystate Savings Bank
15. Cordillera Savings Bank, Inc.
16. Dumaguete City Development Bank, Inc.
17. Enterprise Bank, Inc.
18. Equicom Savings Bank (Equicom)
19. Farmers Savings and Loan Bank, Inc.
20. First Consolidated Bank, Inc.
21. Hiyas Banking Corporation
22. HSBC Savings Bank Philippines Inc.
23. Inter-Asia Development Bank
24. Isla Bank (a thrift bank)
25. Legazpi Savings Bank
26. Lemery Savings and Loan Bank, Inc.
27. Life Savings Bank, Inc.
28. Luzon Development Bank
29. Malasiqui Progressive SLB, Inc.
30. Malayan Savings Bank
31. Maritime Savings Bank Corporation
32. Maximum Savings Bank, Inc.
33. Merchants Savings and Loan Association, Inc.
34. Metro Cebu Public Savings Bank
35. NorthPoint Development Bank, Inc.
36. Overseas Filipino Bank (acquired by Landbank; government bank)
37. Pacific Ace Savings Bank, Inc.
38. Pampanga Development Bank
39. Pen Bank, Inc. (formerly Peninsula RB, Inc.)
40. Philippine Business Bank
41. Philippine Resources Savings Banking Corporation (PR Savings Bank; acquired by CitySavings Bank)
42. Philippine Savings Bank (PS Bank; a subsidiary of Metrobank)
43. Philippine Star Development Bank, Inc.
44. PNB Savings Bank (a subsidiary of PNB)
45. Producers Savings Bank Corporation(Producers Bank)
46. Quezon Coconut Bank, Inc. (a thrift bank)
47. Queen City Development Bank
48. RCBC Savings Bank (a subsidiary of RCBC)
49. Sterling Bank of Asia
50. Sun Savings Bank, Inc.
51. UCPB Savings Bank (a subsidiary of UCPB)
52. University Savings Bank
53. Village Bank, Inc.
54. Wealth Development Bank Corporation
55. Yuanta Savings Bank Philippines, Inc.

The banks listed above are those with the biggest assets in the Philippine Banking Industry as of September 30, 2017.[3]

Rural and cooperative banksEdit

1. Aliaga Farmers Rural Bank, Inc.
2. AMA Rural Bank of Mandaluyong, Inc.
3. ASPAC Rural Bank, Inc.
4. Balanga Rural Bank, Inc.
5. Banco Dipolog (a rural bank; subsidiary of the Philippine Bank of Communications)
6. Banco Laguna, Inc. (a rural bank since 1965)
7. Banco Mabuhay (a rural bank)
8. Bankways, Inc. (a rural bank)
9. BHF Rural Bank, Inc.
10. BOF, Inc. (a rural bank)
11. Camalig Bank, Inc. (a rural bank)
12. Cantilan Bank, Inc. (a rural bank)
13. CARD Bank, Inc. (a MF RB)
14. Cavite United Rural Bank Corporation (A subsidiary of Asia United Bank Corporation)
15. Cebuana Lhuillier Rural Bank, Inc.
16. Common Wealth Rural Bank, Inc.
17. Community Rural Bank of Catmon (Cebu) Inc.
18. Community Rural Bank of Dapitan City, Inc.
19. Cooperative Bank of Bohol
20. Cooperative Bank of Cotabato
21. Cooperative Bank of Ilocos Norte
22. Cooperative Bank of Nueva Vizcaya
23. Cooperative Bank of Quezon Province
24. Consolidated Cooperative Bank
25. Country Builders Bank, Inc. (a rural bank)
26. D' Asian Hills Bank, Inc. (a rural bank)
27. Dumaguete Rural Bank Inc. (DRBI)
28. EastWest Rural Bank, Inc. (a subsidiary of EastWest Bank)
29. Entrepreneur Rural Bank, Inc.
30. First Agro-Industrial Rural Bank, Inc. / FAIRBANK Inc.
31. First Isabela Cooperative Bank (FICO Bank)
32. First Tagum Rural Bank, Inc.
33. Guagua Rural Bank, Inc.
34. Highland Rural Bank, Inc.
35. Ilocos Sur Cooperative Bank
36. Imus Rural Bank, Inc.
37. Innovative Bank, Inc. (a rural bank)
38. Insular Savers Bank, Inc. (a rural bank)
39. Katipunan Bank, Inc. (a rural bank)
40. Laguna Prestige Banking Corporation (a rural bank)
41. Liberty Bank (a rural bank)
42. LifeBank (a rural bank)
43. Mactan Rural Bank (Lapu-Lapu City) Inc.
44. Malarayat Rural Bank, Inc.
45. Mallig Plains Rural Bank (ISA) Inc.
46. Marayo Bank, Inc. (a rural bank)
47. Metro South Cooperative Bank
48. Mount Makiling Rural Bank, Inc.
49. MVSM Bank (a rural bank since 1953) Inc.
50. Network Consolidated Cooperative Bank
51. New Rural Bank of San Leonardo (N.E.) Inc.
52. One Network Bank, Inc. (a subsidiary of Banco de Oro)
53. Opportunity Kauswagan Inc. (a microfinance rural bank)
54. People’s Rural Bank (Gen. Santos City) Inc.
55. PlanBank (Rural Bank of Canlubang Planters, Inc.)
56. Quezon Capital Rural Bank, Inc.
57. Rang-ay Bank, Inc. (a rural bank)
58. RBG Imperial Bank, Inc. (a rural bank)
59. RBT Bank, Inc. (a rural bank)
60. Rizal Bank (a MF RB)
61. Rural Bank of Angeles, Inc. (A subsidiary of Asia United Bank Corporation)
62. Rural Bank of Bagabag (N.V.) Inc.
63. Rural Bank of Bambang (Nueva Vizcaya) Inc.
64. Rural Bank of Barili (Cebu) Inc.
65. Rural Bank of Bayombong, Inc.
66. Rural Bank of Cardona (Rizal) Inc.
67. Rural Bank of Cauayan, Inc.
68. Rural Bank of Central Pangasinan (Bayambang) Inc.
69. Rural Bank of Digos, Inc.
70. Rural Bank of Dolores (Quezon) Inc.
71. Rural Bank of Dumangas, Inc.
72. Rural Bank of Gattaran (Cagayan) Inc.
73. Rural Bank of General Trias, Inc.
74. Rural Bank of Guinobatan, Inc.
75. Rural Bank of Itogon (Benguet) Inc.
76. Rural Bank of Jaen, Inc.
77. Rural Bank of Lebak (Sultan Kudarat) Inc.
78. Rural Bank of Mabalacat, Inc.
79. Rural Bank of Magdalena (Laguna) Inc.
80. Rural Bank of Mangaldan
81. Rural Bank of Maragondon, Inc.
82. Rural Bank of Maria Aurora (Aurora) Inc.
83. Rural Bank of Montalban, Inc.
84. Rural Bank of Pandi (Bulacan) Inc.
85. Rural Bank of Paracale (Camarines Norte) Inc.
86. Rural Bank of Pilar (Bataan) Inc.
87. Rural Bank of Pola (Oriental Mindoro)
88. Rural Bank of Rizal (Zamboanga del Norte) Inc.
89. Rural Bank of Rosario (La Union) Inc.
90. Rural Bank of San Antonio, Inc.
91. Rural Bank of San Mateo (Isabela) Inc.
92. Rural Bank of San Pascual (Obando, Bulacan) Inc.
93. Rural Bank of Solano (Nueva Vizcaya) Inc.
94. Rural Bank of Sta. Ignacia, Inc.
95. Rural Bank of Tangub City (Misamis Occidental) Inc.
96. Saviour Rural Bank, Inc.
97. Sta. Maria Rural Bank, Inc.
98. Sugbuanon Rural Bank, Inc.
99. Summit Bank (rural bank of Tublay, Inc.)
100. Valiant Bank, Inc. (a rural bank)

The rural and cooperative banks listed above are the updated list from the Bangko Sentral ng Pilipinas as of September 2017.[4]

Defunct or merged banksEdit