Planbank “Rural Bank of Canlubang Planters, Inc.” was honored as one of the “Most Durable Rural Banks” in the Philippines at the Rural Bankers Association of the Philippines (RBAP) Conference, held at the SMX Convention Center in Bacolod City, Negros Occidental on June 4-5, 2024.
The award was presented by RBAP President Anacleta D. Aboyme, and Rural Bankers Research and Development Foundation Inc. (RBRDFI) Chairman Atty. Mary Ann E.M. Tupasi-Saddul. Accepting the award were Planbank’s Executive Vice President, Carollyn Hilbero, and Head of Branch Banking Group and Sales, Seednee Alcasabas. This recognition underscores Planbank’s steadfast commitment to delivering exceptional banking services and meeting the financial needs of its communities.
“We are honored to receive this award and extend our heartfelt gratitude to the Rural Bankers Association of the Philippines and our loyal clients for their trust and support. At Planbank, ‘Your success is our success’ is not just our tagline—it’s our commitment to you,” said Ms. Carollyn Hilbero, Executive Vice President of Planbank.
Founded on November 24, 1952, in Calamba City, Laguna, by a cooperative of sugar planters from Laguna, Cavite, and Batangas, Planbank is the second oldest rural bank in the Philippines. The bank was licensed to operate by the Central Bank of the Philippines (now Bangko Sentral ng Pilipinas) on January 25, 1953. Planbank has a rich history of dedication to the agricultural community and has consistently supported farmers, individuals, and SMEs.
In October 2013, Ambassador Antonio L. Cabangon Chua acquired Planbank, integrating it into the ALC Group of Companies—a diverse conglomerate spanning media, car dealerships, pawnshops, restaurants, banking, insurance, pre-need, healthcare, memorial care, hospitality, security services, printing and real estate. The ALC Group is currently chaired by D. Edgard A. Cabangon.
Today, Planbank has 13 branches across Laguna, Bulacan, and Batangas. As one of the largest rural banks in Laguna, Planbank remains committed to enhancing the economic well-being of its clients and the communities it serves.
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