All new and existing Security Bank Corporation (SBC) individual/joint accountholders who open or are maintaining any of the raffle-eligible accounts during the promo period of September 1, 2006 to January 31, 2007 are eligible to win in this promo.
The eligible accounts are: Peso Savings-Passbook, Peso Savings-ATM, Build Up Savings, Regular Peso Checking Account, CheckRight, CheckOne, All-In-One Checking Account and US Dollar Savings.
Product Name Land Bank of the Philippines' Tax-Free "Harvest 5" Long-term Time Deposit Product Description A long-term time deposit offered to individuals (single or joint … Read More
Use Bank of the Philippine Islands' Express Services to do your banking transactions and get a chance to win an Asian adventure for two! Earn … Read More
Citystate Savings Bank, Inc. was registered with the SEC on May 20, 1997. The Monetary Board of the BSP granted the Bank a license to operate as a thrift bank on August 7, 1997. The Bank was envisioned to become a major thrift bank and a strategic partner in the development of the SME market in the Philippines.
The Bank began its commercial operations on August 8, 1997 when it opened its first branch located in the Dominga Building in Chino Roces corner Dela Rosa Streets in Makati City. The Bank's principal and administrative offices are currently located at Citystate Centre Building along Shaw Boulevard in Pasig City, Metro Manila.
Citystate Savings Bank is a member of BancNet and the PDIC.
The Lion King Club
The Lion King Club is an exclusive, elite club of Citystate Savings Bank depositors. Once you open a savings or checking account at the bank and maintain a minimum balance of one hundred thousand pesos (Php 100,000) for 30 days, you automatically become a member of the Lion King Club for the whole year.
Metrobank is the largest Philippine bank in terms of assets and overseas presence. The bank's total capital funds on June 30, 2006 stood at P57.3 billion. It has a combined network of over 800 local and international branches/offices, remittance offices and subsidiaries in the Philippines and around the world. For more details about the Metropolitan Bank and Trust Company, read the Metrobank Overview article.
Following is a summary of investment products offered by Metrobank.
Treasury Services
Purchase & Sale of Government Securities
As an accredited Government Securities Eligible Dealer (GSED), Metrobank offers Treasury Bills, Retail Treasury Bonds, or Fixed Rate Treasury Notes (FXTN) for tenors ranging from 3 months up to 7 years. Minimum investment amount is P1,000,000.
Purchase & Sale of USD Government Securities
Metrobank is an accredited dealer of US dollar-denominated Philippine Government Securities for all tenors. Minimum amount for investment is US$50,000.
Unit Investment Trust Funds (UITFs)
Metrofund Starter
A UITF investing in a diversified portfolio of high-yielding fixed income securities.
| Fund Classification | – Intermediate Bond |
| Min. Initial Participation | – Php 50,000 |
| Min. Additional Participation | – Php 50,000 |
| Maintaining Balance | – Php 50,000 |
| Investment Horizon | – At least 1 year |
| Holding Period | – 30 days |
| Early Redemption Charge | – 50% of income |
| Trust Fee* | – 2.0% p.a. based on NAV of the Fund |
| Other Fees | – 0.015% p.a. Custody Fee |
| Applicable Tax* | – 20% Final Withholding Tax |
| Dealing Day | – Daily up to 12:00NN |
| Redemption Settlement Date | – Next banking day from date of redemption |
| Benchmark | – 91D Mart1 T-Bill Rate |
| Valuation | – Marked-to Market |
The Metropolitan Bank and Trust Company (PSE: MBT), commonly known as Metrobank, is the largest bank in the Philippines in terms of assets and is also the largest Philippine bank in terms of overseas presence. (Update: As of 2008, Banco de Oro or BDO has overtaken Metrobank as the largest Filipino bank.)
Metrobank (www.metrobank.com.ph) was established by a group of businessmen on September 5, 1962 at the Wellington Building in Binondo, Manila.
NOTE: We have started the Investment Products series that compiles deposit and investment products offered by banks and financial institutions in the Philippines. These articles … Read More
First Country Bank (www.firstcountryfinancial.com/fcbank/index.htm), banking arm of First Country Financial Group, is a microfinance bank that focuses on promoting micro-entrepreneurs and helping marginalized members of society. Former DECS Undersecretary Dr. Alejandro Wilfredo Clemente and members of the Bankers' Club (retired top bank executives from BSP, LBP, Citibank, DBP, and other thrift and rural banks) founded the bank in 1995.
First Country Bank received the "Most Outstanding Microfinance Bank" award from the Consumers' League of the Philippines Foundation in 2004 and the "Big Leap Forward" award from the People's Credit and Finance Corporation in 2005.
The bank provides Microfinance Livelihood Loans to members of:
First Country Bank is a member of the Philippine Deposit Insurance Corporation (PDIC).
