• The Financial District

4 RURAL BANKS MERGE

BSP deputy governor Chuchi Fonacier bared that the Rural Bank of General Trias, Inc., Rural Bank of Maragondon, Inc., Bangko Noveleta Inc., a Rural Bank and Sto. Nifto Rural Bank (Ternate, Cavite), Inc. have consolidated their operations  to be known as One Unified Rural Bank of Cavite, Inc. doing business under the name and style of "OUR Bank"


Earlier, the Securities and Exchange Commission registered on 12 December 2019 the consolidation of Rural Bank of General Trias, Inc., Rural Bank of Maragondon, lnc., Bangko Noveleta Inc., a Rural Bank and Sto. Nifio Rural Bank (Ternate, Cavite), lnc. to be known as One Unified Rural Bank of Cavite, Inc. doing business under the name and style of "OUR Bank".

The corresponding Certificate of Authority to Operate as a rural bank was issued by the Bangko Sentral ng Pilipinas on 3L January 2020. OUR Bank started operating as a consolidated rural bank on l July 2020. For information and guidance.