Lipa Bank Incorporated

About Us

Get to know more about the country’s first private development bank

/

About Us

Our Humble Beginning

Lipa Bank, Inc., a prominent rural bank in Lipa City, Philippines, traces its roots to the Olaguivel and Morada clans. Established in 1959 as the Lipa City Development Bank, it was one of the country’s first private development banks. The bank initially focused on developmental and long-term loans, contributing to the growth of local industries like garments, agriculture, and real estate. While the Asian financial crisis of 1998 impacted its expansion plans, the bank adapted by converting to a rural bank in 2004 to better serve small and medium-sized enterprises.

MISSION

To provide our clients in the community with satisfaction on our banking services by utilizing current technologies and consistent high quality and relevant financial services; To lead its personnel to act with professionalism, integrity and honesty and; To be profitable and responsible banking institution supporting the development of the community that it serves

VISION

To be the top choice of the community in providing financial products and service for inclusive economic growth

Years of Service

1

Branches

1
Our Core Values

Our Core Values

The guiding principles that shape the Bank’s culture and operations

PROFESSIONALISM

They key to qualify and efficiency.

The competence or skill expected of a professional.

INTEGRITY

Firm adherance to a code of especially moral or artistic values: INCORRUPTIBILITY;
An unimpaired condition: SOUNDNESS;
The quality or state of being complete or undivided: COMPLETENESS

HONESTY

Adherence to the facts

Fairness and straightforwardness of conduct

Application in development