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April 26, 2015 10:05 AM ET

Banks

Company Overview of Robinsons Bank Corporation

Company Overview

Robinsons Bank Corporation, a commercial bank, provides banking services for retail and business customers in the Philippines. It offers savings accounts, checking accounts, and certificates of time deposit; and over-the-counter bills payment, cardless banking, manager's check/demand drafts, telegraphic transfer, night depository, remittance, and Internet banking services. The company provides consumer loans, such as auto, home, personal, and motorcycle loans; and loans against gold or diamond jewelry items. It offers commercial loans, which include fixed term, bills purchase, and operating capital solutions; and cash management, government securities, foreign exchange, and trust products an...

Ground Floor

Galleria Corporate Center

EDSA Corner

Ortigas Avenue

Quezon City,  1100

Philippines

Founded in 1997

Phone:

63 2 702 9540

Fax:

63 2 702 9568

Key Executives for Robinsons Bank Corporation

Chief Executive Officer, President and Director
Executive Vice President of Operations
Senior Vice President of Corporate Planning & Lending 2
Vice President of Trust & Investment
Vice President of Treasury
Compensation as of Fiscal Year 2014.

Robinsons Bank Corporation Key Developments

Robinsons Bank Corp Reports Earnings Results for the Year Ended December 31, 2014

Robinsons Bank Corp. reported earnings results for the year ended December 31, 2014. For the period, the company generated net earnings of PHP 146.91 million for the year ended December 31, 2014, a 67.5% decline from last year's net income of PHP 452.34 million mainly due to decrease in banking revenues. Revenues dropped 1.2% from PHP 2.75 billion last year to PHP 2.72 billion this year due to lower trading gain and commission income.

Robinsons Bank Corp. Announces Earnings Results for the Year 2014; Provides Earnings Guidance for the Year 2015

Robinsons Bank Corp. announced earnings results for the year 2014. The bank's income stood at about PHP 140 million in 2014. The bank's net income is seen to fall this year as the lender targets to spend on developing its resources and expanding its network as banking systems in the region integrate. The company expects income to be below PHP 100 million in 2015.

Robinsons Bank Corp. to Further Expand Branch Network

Robinsons Bank Corp. announced the company seek to open up to 20 branches in 2015 in both restricted and provincial areas. The planned branch expansion will bring the bank's total network to 113 from the current 93. Moving forward, Robinsons Bank will open 20 branches per year in the next five years.

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