IN THE heart of Laguna province stands a financial institution that has played a pivotal role in the economic growth and development of the region. Planbank, the largest rural bank in Laguna province, has been instrumental in empowering businessmen, community entrepreneurs, and individuals. With a legacy spanning over seven decades since its inception in 1952, Planbank has consistently flourished under the esteemed ALC Group, which took over its leadership in 2015, led by the visionary Ambassador Antonio L. Cabangon Chua.
A Legacy of Community
Planbank’s roots can be traced back to the Banco Rural de Ca-Ba-Lag, a cooperative established by sugar planters from Cavite, Batangas, and Laguna provinces. Founded with the aim of serving the needs of farmers and sugar planters, this cooperative laid the foundation for what would eventually become Planbank. Over the years, the bank has remained true to its origins by maintaining strong ties with the agricultural community. By supporting the growth and sustainability of local businesses, Planbank has become a catalyst for positive change, helping uplift communities and enhancing the overall quality of life in the region.
A Bank with a Purpose
Planbank’s mission goes beyond mere financial transactions. It is deeply committed to supporting the local economy by providing accessible and tailored financial solutions to its customers. As a rural bank, it has a strong focus on assisting small and medium-sized enterprises (SMEs), as well as farmers and sugar planters, who form the backbone of the agricultural industry. By understanding the unique needs of these individuals and businesses, Planbank has become an indispensable ally in their journey towards growth and prosperity.
Extensive Branch Network
With its vast branch network, Planbank ensures that its services are within reach of its target market. Currently, the bank operates 15 branches strategically located across Laguna, Batangas, and Bulacan provinces. These branches serve as community hubs where entrepreneurs and individuals can access a wide range of financial products and services. Whether it’s a real-estate mortgage, business loan, or auto loan, Planbank offers a diverse portfolio to cater to the diverse needs of its customers.
Customer-centric Product Portfolio
With a focus on customer convenience and financial empowerment, Planbank’s product portfolio caters to the needs of individuals and businesses alike. From hassle-free savings accounts to flexible loan options, Planbank is dedicated to helping its customers achieve their financial goals.
Loans for individuals such as housing, jewelry, and auto loans can be availed while for SMEs, business loans are available. As for Deposit products, Planbank offers a wide range, depending on the cash needs of clients. Long term high interest Peso Time Deposits are available for those looking to grow their savings while regular checking and savings accounts are available for clients who want to transact quickly and conveniently.
Planbank stands as a financial institution that goes beyond the traditional role of a bank. It actively empowers entrepreneurs, supports agricultural industries, and fosters community development. With its extensive branch network, diverse product offerings, and commitment to customer satisfaction, Planbank continues to make a lasting impact on the lives of individuals and businesses. As it moves forward, Planbank remains dedicated to its mission of providing accessible financial services that fuel growth and create opportunities for all.