Rural Bank of Ilog (Negros Occidental), Inc.
in the Philippines 🇵🇭
Crypto-Friendliness
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About Rural Bank of Ilog (Negros Occidental), Inc. in the Philippines
Rural Bank of Ilog (Negros Occidental), Inc. is a rural banking institution operating in the municipality of Ilog, Negros Occidental, Philippines. As a rural bank, it is designed to provide accessible financial services to farmers, merchants, cooperatives, and the broader rural community in the coastal municipality of Ilog and surrounding areas. The bank operates with 4 branches, serving the local population with credit facilities and banking services tailored to rural economic development.
Rural banks in the Philippines are regulated by the Bangko Sentral ng Pilipinas (BSP) and are organized as stock corporations. They play a crucial role in countryside development by making credit available on reasonable terms in areas that may be underserved by larger commercial banks.