Equicom Savings Bank

Equicom Savings Bank, Inc. is a duly licensed thrift bank majority owned by the Equicom Group and Mr. Antonio L. Go. Mr. Go was the former Chairman of Equitable PCI Bank and was also Founder and President of Equitable Card Network established in 1989. Equicom Savings Bank was the Philippines’ leading credit card company[citation needed] and also had the distinction of being the only card issuer which carried the four major global credit card brands – VISA, MasterCard, American Express and JCB. Go was a member of the Executive Committee of Visa International Worldwide, Chairman of Visa International Asia-Pacific from 1998-2005 and was a director since 1980.

Go is the Chairman of the Equicom Savings Bank Board, while Mr. Rene J. Buenaventura, the former President & CEO of Equitable PCI Bank, is the Vice Chairman.

Equicom Savings Bank has its main office branch in Makati and sixteen other branches in Luzon, Visayas and Mindanao. Within one year from acquisition by the Equicom Group, the Bank grew from three to seventeen branches. It has deployed ATMs in all its branches and selected offsite locations. EqB cardholders can access over 9000 ATMs nationwide through its network affiliation with BancNet, MegaLink and Expressnet, and over 1 million VISA Plus ATMs worldwide.

Leading

Antonio L. Go, (Chairman) Estelito C. Casal, (President)

Shareholders

controlling stake owned by the Equicom Group and Mr. Antonio L. Guo. Mr. Guo was the former chairman of Equitable PCI Bank

Head Office

Credit

The provision of financial and economic assistance basically served the purpose of our bank for every Philippine family. Robinsons Bank continues to tirelessly create innovative and high-quality products and offers the market a wide range of credit products – from autos, housing, personal belongings, motorcycles to innovative jewelry loans and cash dispensers through e-wallet.

Auto loan

CREDIT PURPOSE

• Purchase of a new car
• Buying a used car
• refinancing

PRODUCT FEATURES

• Loan amount: Brand new – up to 80% of net cash price
• Used cars – up to 70% of the assessed value
• Down payment: Only 20% SRP
• Terms: Brand new – from 12 to 60 months
• Used cars – from 12 to 48 months
• Living space

Buying the following:

House and Lot
Free place
Construction / Renovation of the House
Refinancing / Loan

PRODUCT FEATURES
Deadline:
Under 20 for field workers
Up to 15 years for OFW and self-employed

Maximum loan amount:
Up to 90% of the total value of the contract (Accredited developers)
Up to 80% of assessed value (non-accredited developers)
Minimum loan amount:
P 500 000

Salary loan
At least 50 full-time employees
Work at least 3 years
Positive financial results
preliminary accreditation

Company accreditation form General information sheet
Company Profile SEC registration, in accordance with laws and bylaws
Audited financial statement for the last 3 years with ITR
After accreditation
Notarized MOA
Notarized Board Decision / Secretary
Approval notice
Signatories Identifiers

Deposited

• Opening and maintaining a PHP 5000 balance
• Average Daily Balance (ADB) to get PHP 10,000 percent
• Annual interest rate 0.25%
• Percentage crediting monthly
• Withholding tax of 20%
• Rest period No transaction for two (2) years

Contacts

Full company name	Equicom Internet Banking - Equicom Savings Bank
Address	6/F ODC International Plaza, 219 Salcedo Street, Legaspi Village, Makati City 1229, Philippines
Phone number	(632) 828-3784 local 219/224/225
E-mail	properties@equicomsavings.com.ph
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