Banco Filipino

Banco Filipino
Company typePublic (PSE: BF)[dead link]
IndustryFinance
FoundedManila, Philippines (1964; 60 years ago (1964))
(1994; 30 years ago (1994))
Defunct1985; 39 years ago (1985)
2011; 13 years ago (2011)
HeadquartersMakati, Philippines
Key people
Teodoro O. Arcenas Jr., Chairman and President
ProductsBanking
Revenue₱2.932 billion (Increase37%) (2001)[1]
Number of employees
unknown
Websitewww.bancofilipino.com

Banco Filipino Savings and Mortgage Bank (PSEBF), or simply Banco Filipino, was a savings and loan association based in the Philippines. It is also known for property developments such as BF Homes, subdivisions in Caloocan, Quezon City, Parañaque, and Las Piñas. The Bangko Sentral ng Pilipinas ordered the bank's closure on March 17, 2011, and placed it under the receivership of state-run Philippine Deposit Insurance Corporation (PDIC), saying its liabilities topped its assets by P8.4 billion. The slogan of Banco Filipino is Subok na Matibay, Subok na Matatag (English: Proven to be Stable, Proven to be Strong).

  1. ^ "Message from the Chairman". BancoFilipino.com. Archived from the original on February 11, 2010. Retrieved January 14, 2014.