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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.<ref name="bloom">{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=26118885 |title=Robinsons Bank Corporation: Private Company Information |publisher=[[Bloomberg L.P.]] |accessdate=15 May 2017}}</ref><ref name="bworld">{{cite news|url=http://www.bworldonline.com/content.php?section=Finance&title=robinsons-bank-sets-manila-expansion&id=64536 |title=Robinsons Bank sets Manila expansion |work=BusinessWorld|author=de la Fuente, F.J.G. |date=21 January 2013 |accessdate=15 May 2017}}</ref> In 2012, Robinsons Bank acquired majority ownership of the Legazpi Savings Bank based in [[Legazpi, Albay]].<ref name="bworld2">{{cite news|url=http://www.bworldonline.com/content.php?section=Finance&title=capital-increase-set-for-robinsons-bank&id=106884 |title=Capital increase set for Robinsons Bank |work=BusinessWorld|author=Delavin, I.C.C. |date=28 April 2015 |accessdate=15 May 2017}}</ref>
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.<ref name="bloom">{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=26118885 |title=Robinsons Bank Corporation: Private Company Information |publisher=[[Bloomberg L.P.]] |accessdate=15 May 2017}}</ref><ref name="bworld">{{cite news|url=http://www.bworldonline.com/content.php?section=Finance&title=robinsons-bank-sets-manila-expansion&id=64536 |title=Robinsons Bank sets Manila expansion |work=BusinessWorld|author=de la Fuente, F.J.G. |date=21 January 2013 |accessdate=15 May 2017}}</ref> In 2012, Robinsons Bank acquired majority ownership of the Legazpi Savings Bank based in [[Legazpi, Albay]].<ref name="bworld2">{{cite news|url=http://www.bworldonline.com/content.php?section=Finance&title=capital-increase-set-for-robinsons-bank&id=106884 |title=Capital increase set for Robinsons Bank |work=BusinessWorld|author=Delavin, I.C.C. |date=28 April 2015 |accessdate=15 May 2017}}</ref>


On September 30, 2022, Robinsons Bank together with BPI disclosed their merger expected to complete by 2023, with BPI as the surviving entity.<ref>{{Cite web |last=Piad |first=Tyrone Jasper C. |date=2022-09-30 |title=BPI, Robinsons Bank confirm merger agreement |url=https://business.inquirer.net/365462/bpi-robinsons-bank-confirm-merger-agreement |access-date=2022-09-30 |website=INQUIRER.net |language=en}}</ref>
On September 30, 2022, Robinsons Bank together with [[Bank of the Philippine Islands]] disclosed their merger expected to complete by 2023, with BPI as the surviving entity.<ref>{{Cite web |last=Piad |first=Tyrone Jasper C. |date=2022-09-30 |title=BPI, Robinsons Bank confirm merger agreement |url=https://business.inquirer.net/365462/bpi-robinsons-bank-confirm-merger-agreement |access-date=2022-09-30 |website=INQUIRER.net |language=en}}</ref>


==See also==
==See also==

Revision as of 22:35, 30 September 2022

Robinsons Bank Corporation
FormerlyRobinsons Savings Bank (1997–2011)
Company typePrivate
IndustryFinancial services
FoundedNovember 1997; 27 years ago (November 1997)
Defunct1 January 2024 Edit this on Wikidata
Headquarters
Quezon City
,
Philippines
Key people
  • Lance Gokongwei (Chairman)
  • Frederick D. Go (Vice Chairman)
  • Elfren Antonio S. Sarte (President & CEO)
ServicesBanking
OwnerJG Summit Holdings
Websitewww.robinsonsbank.com.ph

Robinsons Bank Corporation, also known as RBank, is a commercial bank which provides banking services for retail and business customers in the Philippines.

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 Bank of the Philippine Islands disclosed their merger expected to complete by 2023, with BPI as the surviving entity.[4]

See also

References

  1. ^ "Robinsons Bank Corporation: Private Company Information". Bloomberg L.P. Retrieved 15 May 2017.
  2. ^ de la Fuente, F.J.G. (21 January 2013). "Robinsons Bank sets Manila expansion". BusinessWorld. Retrieved 15 May 2017.
  3. ^ Delavin, I.C.C. (28 April 2015). "Capital increase set for Robinsons Bank". BusinessWorld. Retrieved 15 May 2017.
  4. ^ Piad, Tyrone Jasper C. (2022-09-30). "BPI, Robinsons Bank confirm merger agreement". INQUIRER.net. Retrieved 2022-09-30.
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