Company Overview of Robinsons Bank Corporation
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...
Galleria Corporate Center
Quezon City, 1100
Founded in 1997
Key Executives for Robinsons Bank Corporation
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. Announces Earnings Results for the First Quarter Ended March 31, 2014
May 16 14
Robinsons Bank Corp. announced earnings results for the first quarter ended March 31, 2014. The company recognized net income of PHP 30.74 million for the first three months ended March 31, 2014 a 91.0% decline from last year's PHP 341.70 million for the same period last year. The decline in net income is mainly due to lower revenues recorded during the period, from PHP 995.68 million for the three months period last year to PHP 585.47 million for the same period this year. This decrease in revenues is mainly due to a trading loss of PHP 15.72 million recorded for the period in 2014, a 103.3% reversal from last year's trading gain of PHP 471.79 million.
Robinsons Bank Eyeing Acquisitions
Jan 21 14
Robinsons Bank Corporation is in talks with several banks for possible acquisitions. RobinsonsBank President and Chief Executive Officer Reynold Gerongay told reporters: "We will acquire more banks." He said there are ongoing discussions with a number of financial institutions but he declined to identify them. "We have a lot of talks (with other banks). Anything we can digest, (we will buy)," he said.
Robinsons Bank Corporation Announces Unaudited Earnings Results for the Nine Months Period Ended September 30, 2013
Dec 16 13
Robinsons Bank Corporation announced unaudited earnings results for the nine months period ended September 30, 2013. The net income for the period was PHP 425.87 million, a 20.1% increase from last year's PHP 354.57 million for the same period last year. Growth in net income is mainly due to higher revenues recorded during the period combined with the revenues contributed by Legazpi Savings Bank acquired by Robinsons Bank Corp. last December 2012, from PHP 1.85 billion for the nine months period last year to PHP 2.14 billion for the same period this year. Increase in revenues is mainly due to higher trading gain recorded for the period from PHP 377.74 million in 2012 to PHP 451.24 million this year.
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