Based on data as of Dec. 31, 2024, OwnBank was named among the top 15 rural banks in the Philippines in three major financial indicators—a strong signal of the bank’s expanding presence and commitment to financial inclusion.
Highlights of 2024 performance
Total deposit liabilities:
2024: ₱7.60 billion – Top 6
2023: ₱900.1 million – Top 43
2022: Top 321
Total assets:
2024: ₱7.80 billion – Top 7
2023: ₱967.9 million – Top 84
2022: Top 269
Total loans & receivables, net:
2024: ₱2.59 billion – Top 14
2023: ₱352.8 million – Top 84
2022: Top 27
The growth trajectory over the past two years reflects OwnBank’s strategic focus on scaling responsibly while continuing to deliver on its mission to serve underserved Filipino communities.
“This is more than just a ranking for us — it’s a reflection of the trust our clients have placed in OwnBank,” Jose Mari Cagurangan, president and CEO of OwnBank, said in a statement.
“We’ve come this far because we’ve never lost sight of why we exist: To make banking accessible, supportive, and empowering.”
The bank’s ascent in the BSP rankings comes at a time when rural banking plays a crucial role in bridging financial gaps across the Philippines.
OwnBank’s efforts to modernize its services—while staying rooted in community values—position it as one of the most stable, trusted, and forward-looking players in the rural banking sector today. —Ed: Corrie S. Narisma
