Marayo Bank, inc

Marayo Bank, Inc. (A Rural Bank) is a bank in the Philippines founded in 1969 as Rural Bank of Marayo (Neg. Occ.), Inc. Rural banks, a type of bank created by the Rural Banks’ Act of 1952, are private banks mandated to lend primarily to farmers and small merchants, on reasonable terms, in order to […]

Visit site
Marayo Bank, Inc https://upfinance.com/app/uploads/2019/08/42044375_896806783837764_627547678892359680_n.jpg
Ground Floor, Carmen Building, Lizares Avenue, Bacolod City, Negros Occidental.
Landline: 034 708 0735 Mobile Number: 0927 774 1234, marayobank@rbc.com.ph
Interest rate 0.5% - 1%
Loan tenure from 6 to 24 months
Approval duration Up to 5-12 hours
Min. monthly income โ‚ฑ

Marayo Bank, Inc. (A Rural Bank) is a bank in the Philippines founded in 1969 as Rural Bank of Marayo (Neg. Occ.), Inc. Rural banks, a type of bank created by the Rural Banks' Act of 1952, are private banks mandated to lend primarily to farmers and small merchants, on reasonable terms, in order to expand the rural economy.

The bank won Land Bank's award for Most Outstanding Countryside Financial Institution for calendar year 2008, beating 388 other banks nationwide.[3][4] It has won regional awards repeatedly since 2001.

Rural Bank of Marayo (Neg. Occ.), Inc. opened its headquarters branch on 18 November 1969, in Pontevedra, a town on the west coast of the province of Negros Occidental. It remains the only bank in the town.

In 2005 it opened a second branch, in Enrique B. (EB) Magalona, a coastal town about 65 kilometres (40 mi) north of Pontevedra. It opened a third branch in 2006, in Banate, a town in the province of Iloilo on the coast of Panay, across the Guimaras Strait from EB Magalona. It is the only bank in Banate.

In 2013 the bank changed its name to Marayo Bank, Inc. (A Rural Bank).

Leading

Franklin Fuentebella (Chairman) Jesus Campos Jr. (President and GM)

Head Office

Credit

REAL ESTATE CREDIT

PENSION CREDIT

CREDIT TEACHERS

Salary loan

Auto loan

Deposited

SAVINGS BANK ACCOUNT
Account is intended for future savings. There are no restrictions on the number and amount of the deposit that can be made on any day.

CERTIFICATE OF TEMPORARY DEPOSIT / SPECIAL ECONOMIC DEPOSIT
Deposits received by the bank during a fixed period can be withdrawn after the expiration of the established period.

DEMAND DEPOSIT / CURRENT SAVINGS ACCOUNT / CHECK ACCOUNTS
An interest-free peso account, also known as a โ€œcheck or deposit on demandโ€ account, in which deposits are made on an over-the-counter basis, while withdrawals are made by issuing a check.

Business loan

AGRICULTURAL CREDIT
COMMERCIAL CREDIT

Contacts

Full company name Marayo Bank, Inc
Address Ground Floor, Carmen Building, Lizares Avenue, Bacolod City, Negros Occidental.
Phone number Landline: 034 708 0735 Mobile Number: 0927 774 1234
E-mail marayobank@rbc.com.ph
Social networks

User rating

Reviews