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Banco Filipino was born on July 9, 1964 on the realization of Tomas B.
Aguirre's vision of providing banking services to the Filipino masses.

In line with the
friendly and personalized service, Banco Filipino was the...
First to
have Open Teller Counters instead of the usual glass-encased counter.
First to use plastic
signs at the time it was used only by small eateries.
First to accept savings
deposit as low as P1.00
First to offer capital
stock to its depositors so they may become co-owners of the bank.
First to provide extended
banking hours from Monday to Saturday, 8 am to 8 pm, 6 days a week,
12 hours a day.
First to pay interest monthly and later pay with "Interest
Araw-araw".
First to pay interest
in advance on time deposits.
First to offer Negotiable
Order of Withdrawal at a time when Savings Banks were not allowed by
the Central Bank to offer current accounts to depositors.
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Your bank has
proven over these years its resilience and stability, reinforcing the popular
slogan: Subok na Matibay.Subok na Matatag. |
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Introduced the All-Woman
Branch which became an instant hit
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Became the biggest
savings bank in the country and maintained this distinction until the
time of its closure in 1985.
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Introduced Customer
Relations Models, personifying the fast, efficient, and personalized
service of the bank.
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First Bank to process
transactions online real time, allowing customers to deposit and withdraw
in any online branch.
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Opens
provincial branch in Naga. |
Ranked
first in financial liquidity. |
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Martial Law, bank's depositor base grows to 1 million. |
Banco Filipino accounts
for more than half of the deposit increases of all savings banks combined
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Voted most preferred
bank in Metro Manila in an independent survey conducted by the University
of the Philippines.
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First Savings Bank
to reach P1 billion in resources
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First Savings Bank
to offer Current Accounts
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First Savings Bank
to reach P2 billion in resources
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Launched the Happy
Saver's Club to teach school-age youth the value of savings.
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The Happy Savers
Club Campaign receives the "Golden Coin Award" for Marketing
Excellence given by the Bank Marketing Association of the USA, winning
over 100 entries worldwide.
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" Lucky Savers"
campaign wins the First Kayamanan Award given by the Central Bank for
Excellence and Outstanding Achievement in Marketing and Communication
for National Savings.
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| Banco
Filipino achieves far more than any other Savings Bank in the country, with
P4 billion in assets, 3 million depositors, 3,000 stockholders, and 89 branches
nationwide. |
Despite this outstanding performance, the Central Bank orders its closure
due to alleged insolvency. |
The Supreme Court rules that the closure of Banco Filipino was illegal,
arbitrarily effected and showed grave abuse of discretion. The court ordered
the reopening of the bank. |
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Banco Filipino resumes
operations with the opening of 15 of the 92 branches it had when it was
illegally closed in 1985.
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Metro Manila
branches go online.
Launch
of BF Cash Card, providing
depositors the convenience of 24-hour, 7 day-a-week banking through BF
and BancNet ATM's nationwide.
Re-launch of Happy Savers Club, a thrift-consciousness program
for the youth.
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Launch of the BF Visa Card.
Establishment of Tomas B. Aguirre Memorial Foundation, to immortalize
the memory of BF's founder and to pursue his ideals to improve the lives
of Filipinos.
Launch of the " Bayaning Pulis Awards,". BF's contribution to the
efforts to uplift the morale of the country's police force by recognizing
heroic deeds of its members. |
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HSC ties up
with Boy Scouts of the Philippines to teach its members the value of thrift
to its more than 3 million members nationwide.
BSP approves in principle BF's bid to become a universal bank.
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Launch of
" Papremyo Buwan-Buwan Hanggang Year 2000".
Substantial progress is achieved in BF's damage claims against
the Central Bank by the denial of the defendants' motion to dismiss and
motion for reconsideration.
Banco Filipno shares are re-listed on the Philippine Stock Exchange.
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Supreme Court decides with finality that BF is entitled to damages arising
from its illegal closure by the Central Bank.
BF and BSP enter into a settlement of Central Bank claims. BF gains
custody of previously restricted deposits with the Bangko Sentral ng Pilipinas,
real estate assets, with P4.3 billion in government securities. |


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