South Bank
in the Philippines 🇵🇭
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About South Bank in the Philippines
South Bank (A Rural Bank), Incorporated is a rural banking institution based in the Philippines, serving primarily the Northern Mindanao region. As a member of the Zealep Group of Companies owned by the Pelaez family, the bank operates seven branches across Mindanao with a fully-organized head office.
South Bank focuses on providing accessible financial services to underserved and unserved sectors in the countryside, particularly farmers, small businesses, and rural communities. The bank is regulated by the Bangko Sentral ng Pilipinas (BSP) and is a member of BancNet, with deposits insured by the Philippine Deposit Insurance Corporation (PDIC) up to ₱1,000,000 per depositor.
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