GMBank

The Good Money Bank

General Information
Company Name
GMBank
Founded Year
1956
Location (Offices)
Philippines +1
Founders / Decision Makers
Number of Employees
402
Industries
Financial Services, Lending and Investments, Banking
Funding Stage
-
Social Media

GMBank - Company Profile

GMBank is a financial institution that is committed to making a positive difference in people's lives, especially in countryside communities, by providing access to socially relevant financial services in a commercially sustainable way. Established in 1956, the bank has a rich history, resulting from the consolidation and merger of several rural banks in the hometown of its incorporators, the province of Nueva Ecija. The bank envisions a region where economic resources are enjoyed not only by the wealthy few but also by the poor sectors of the community. The GMBANK is the resultant corporation of the consolidation of Community Rural Bank, Inc. (CRBI) and Munoz Rural Bank, Inc. (MRBI). Over the years, the bank has undergone various consolidations and mergers, with the approval of Banko Sentral ng Pilipinas (BSP) in June 28, 2007, and the declaration of approval of consolidation by the Monetary Board in October 2, 2009, leading to the formation of GM BANK OF LUZON, Inc. This rural bank was approved by the Securities and Exchange Commission on November 9, 2010. With a focus on providing financial services, lending, and investments, GMBank has positioned itself to cater to the needs of communities where such services are most wanting. The bank's commitment to remaining in every community it serves for good reflects its dedication to making a meaningful and lasting impact on people's lives.

Taxonomy: Rural Banking, Microfinance, Community Banking, Financial Inclusion, Consolidation, Social Responsibility, Regional Economic Development

Funding Rounds & Investors of GMBank (0)

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There is no investment information

Latest News of GMBank

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