The Bank
Who We Are?
Being the pioneer rural bank in the City of Antipolo, we take upon ourselves the mission to provide financial services to the small businessmen in the community, with a vision to be an ideal community bank, promoting a spirit of entrepreneurship among small businesses and maintaining our image as “madaling kausap na bangko” at the same time mitigating the risk that may go with it.
Towards this end, we commit to reinforce the process to identify compliance risk, understand its nature and implement the processes to manage and mitigate it. We commit to be guided by the RBAI Code of Conduct in every endeavor that we may take, to adhere to compliance with all relevant rules and regulations issued by regulatory and/or supervisory bodies based on a culture of accountability and transparency and be watchful at all times, avoiding sanctions, fines and monetary penalties by the regulatory bodies. We commit ourselves to the ideals of good governance and shall operate the Bank with highest degree of integrity at all times.
We give value to the trust and confidence reposed on us by our customers, shareholders and the community we serve and hopeful to reap the fruits of our undertaking.
We believe that whatever human endeavor we undertake, without the almighty God’s guidance and protection, we cannot realize our vision, thus with strong faith in our hearts, we start the day’s work imploring God’s mercy and wisdom.
We make a difference in granting opportunities to recover financially even to prospective loan applicants who may have been rejected by other financial institutions.
We are a simple model bank with simple products and services; only deposit taking and lending thus, exposed to minimal risk.
Vision
'The Rural Bank of Antipolo, Inc. logo is composed of the natural heritage of Antipolo which is the “Hinulugang Taktak”. Being the first rural bank in Antipolo, the “Hinulugang Taktak” signifies the Bank’s vision to be the leading community bank in the city.
Mission
For the customers
- to provide products and services that are easy to access;
- to provide a variety of loan products and services to fit the requirements of the clients
For our employees
- to provide products and services that are easy to access;
- to provide a variety of loan products and services to fit the requirements of the clients
For our Shareholders
- Maintain the goodwill of the bank.
- Declare regular dividends by maintaining a fair Return of Equity.
For our community
- Provide financial literacy programs among vendors, tricycle drivers and students.
- Provide scholarship programs to poor but deserving students entering college.
Our History
In the 1960s, the town proper “Población” was widened and Sumulong Highway was constructed. Rural Bank of Antipolo, Inc., being the first bank in the area, facilitated and improved productive activities in the community of the town proper. It provided the people in the community an easy access to credit facilities, particularly the “Magkakasuy” and farmers at that time. Thus, the Bank had a fair share in the economic development of Antipolo. Through the years, the small businessmen of Antipolo were its borrowers. The “Kasuy and Suman” industry, which it provided financial assistance, flourished as pilgrims flocked to visit the Virgin of Antipolo.
Today, the City of Antipolo is becoming more urbanized. Subdivisions from low to high end are sprouting in the area and more people/families engage themselves on small businesses, an opportunity for Rural Bank of Antipolo, Inc. to continuously provide financial services on housing and support to the small businessmen despite very stiff competition.
Rural Bank of Antipolo, Inc. is continuously challenged by the changing landscape in the banking industry but it aims to be agile and resilient in the midst of changes. It has started the foundation to go digital, to source mobile digital solution and finally comply with BSP retail payment system and financial inclusion.