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1
Banco Filipino Corporation INTRODUCTION “Subok Na Matibay, Subok Na Matatag” (T!t" Strong, #ro$n Stabl%, t& !logan o' onc ll)knon an" onc *o!t popular bank in t& #&ilippin!, #&ilippin!, t& Banco Filipino, 'or*rly knon a! Banco Filipino Sa$ing! an" Mortgag Bank, but !urpri!ingly, !urpri!ingly, it a! clo!" tic in +-. an" in /0++ in t& &i!tory o' bank! in t& #&ilippin!1 Banco Filipino !tart" it! opration in +23, 'oun"" by To*a! 4guirr an" a! knon a! on o' t& t&ri't bank1 T& 4guirr 'a*ily togt&r it& t& 'oun"r control an" *anag t& a'or*ntion" bank1 4n" In +2., Banco Filipino inno$at" an" bca* t& 5r!t all)o*an bank, *aking it nu*br + a*ong t& bank! back t&n1 Bcau! o' it! continuou! inno$ation o' it! !r$ic!, in +22 it bca* t& larg!t !a$ing! bank in t& #&ilippin!1 It al!o bca* t& 5r!t bank to proc!! onlin tran!action! in ral ti* in +2, gi$ing cu!to*r! t& ability to "po!it in any onlin Banco Filipino branc&1 In +60, Banco Filipino !tart" 7pan"ing into t& country!i" it& it! 5r!t pro$incial branc& opning in Naga City1 By +6/, t& bank8! cu!to*r ba! gr to on *illion cu!to*r!, $n in t& *i"!t o' *artial la1 Banco Filipino continuou! to gr an" a! $ot" t& *o!t pr'rr" bank in Mtro Manila in +6.1 By +-+, t& Banco Filipino *a" a rcor" t&at no ot&r bank coul" ac&i$" at t&at ti*, it &a" - branc&!, 'our billion p!o! ort& o' a!!t!, t&r *illion cu!to*r! an" t&r t&ou!an" !&ar&ol"r!1 41 Backgroun" o' t& Stu"y
