Established in 1976 and officially integrated into the BPI Group in 2024 after the BPI-Robinsons Bank merger, LSB has grown into a trusted financial partner in the Bicol region and beyond.
The bank operates 17 branches, branch-lite units and 10 limited BLUs (no deposit-taking) across 18 provinces, along with 19 ATM terminals, providing Filipinos with convenient access to essential banking services.
LSB has grown and now operates 17 branches and regular branch-lite units (BLUs) with deposit-taking operations, and 10 limited BLUs (no deposit-taking) strategically located in 18 provinces in the country. The bank also maintains 19 ATM terminals which provide the community a convenient way to access their funds 24/7.
Initially focused on retail lending to rural communities through its branch network, LSB shifted its strategy in 2021 to specialize in the Automatic Payroll Deduction System (APDS), catering specifically to teachers.
The bank is expanding its presence ensuring broader accessibility to its products and services. So far in 2024, it has achieved a 50-percent increase in loan releases.
Looking ahead, LSB aims to achieve compounded annual growth rate in the double-digits over the next five years.
“Our mission is to bridge the gap in access to financial services by offering products, such as personal loans and deposit accounts, tailored to meet the needs of Filipinos, particularly teachers,” said bank president Jerome Minglana.
Beyond lending, LSB emphasizes financial literacy and plans to expand its offerings using digital tools. By fostering financial wellness, the bank is helping build a sustainable future for its customers, while complementing BPI’s broader suite of financial services.
LSB’s efforts underscore BPI’s overarching vision of creating inclusive financial solutions, empowering Filipinos to achieve their goals and improve their quality of life.
