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| Company type | Rural Bank |
|---|---|
| Industry | Finance |
| Founded | September 1, 1997; 27 years ago (1997-09-01) |
| Founder | Jaime Aristotle Alip |
| Headquarters | 35 P. Burgos corner Paulino St.San Pablo City,Laguna ,Philippines |
Number of locations | 845 |
Area served | Philippines |
Key people | Jaime Aristotle Alip (Chairman) Marivic Austria (President and CEO) |
| Products | Financial services |
| Total assets | ₱16.2 billion(2019) |
| Total equity | ₱3.9 billion(2019) |
Number of employees | 5,387(as of May 2019)[1] |
| Website | cardbankph |
TheCenter for Agriculture and Rural Development, Inc. (better known asCard Bank, Inc.) is a micro-finance oriented rural bank in thePhilippines established in 1997, and is currently regulated by theBangko Sentral ng Pilipinas. Its main office is located inSan Pablo City,Laguna. As of May 2019, Card Bank, Inc. has 750 service offices nationwide.[2][3][4]
On December 10, 1986, Card Bank, Inc. was organized by the 15 rural development practitioners responsible for thefinancial services. In 1997, CARD Bank, Inc. received its license from theBangko Sentral ng Pilipinas and at the same year the bank opened its first office inSan Pablo City, Laguna.[5]
Bangko Sentral ng Pilipinas recognized CARD Bank as Hall of Fame awardee for Financial Inclusion in 2013[6] and Outstanding Financial Inclusion Champion in 2018.[7][8]
On August 5, 2016, Card Bank, Inc. set up a meeting for the conference with theAl-Qalam Institute for Islamic Identities and Dialogue in Southeast Asia for its partnerships which aim to the communities who need the financial support.[9]
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