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Planters Development Bank

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plantersbank.com.ph

Stage

Merger | Merged

About Planters Development Bank

Planters Development Bank, more commonly known as Plantersbank, is the largest privately-owned and managed development bank in the Philippines. Plantersbank offers banking products, services and business solutions geared towards promoting Small and Medium Enterprises.

Headquarters Location

Makati City,

Philippines

(02) 812-5325

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Latest Planters Development Bank News

China Banking : Bank eyes 50 new branches in 2015

Dec 26, 2014

, the 50 additional branches is partly driven by the acquisition early this year of Planters Development Bank (Plantersbank), which allowed 65 branch licenses in restricted areas in Metro Manila. The new branch licenses was granted by the Bangko Sentral ng Pilipinas (BSP) as incentives given to acquiring banks of troubled banks. " China Bank is targeting to open half of the 65 as part of the planned 50 new branches next year," Escucha said. The commercial bank will end 2014 with a combined 470 branches nationwide, or 314 for China Bank and 156 for subsidiaries China Bank Savings (CBS) and Plantersbank (78 branches each). The 78 branches of Plantersbank will eventually be fused next year into the branch network of CBS , as both are servicing the same retail market. usiness ( Article MRec ), pagematch: 1, sectionmatch: 1 Escucha said China Bank will be opening seven more new branches by the end of this month. China Bank Tarlac-Paniqui branch has in fact started operations last Dec.17 in Poblacion, Paniqui, followed by Bulacan-Balagtas branch in Brgy. San Juan, Balagtas and Batangas-Rosario branch in Gualberto Avenue

Planters Development Bank Frequently Asked Questions (FAQ)

  • Where is Planters Development Bank's headquarters?

    Planters Development Bank's headquarters is located at Makati City.

  • What is Planters Development Bank's latest funding round?

    Planters Development Bank's latest funding round is Merger.

  • Who are the investors of Planters Development Bank?

    Investors of Planters Development Bank include China Bank Savings.

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