Cantilan Bank (CANBNK) then known as the Rural Bank of Cantilan, Inc., was authorized by the then Central Bank of the Philippines to operate on May 30, 1980 with an authorized capitalization of Php 500,000.00 and paid-up capital of Php 157,500.00. CANBNK started with 21 stockholders/incorporators.
Today, CANBNK has authorized capitalization of Php 300 million and ownership has grown to 296 stockholders with paid-up capital of Php 259 million. From one brick-and-mortar branch in 1980, CANBNK has grown to 46 offices operating in the Caraga Region, Misamis Oriental, Compostela Valley, Davao del Norte, Davao del Sur, Davao Oriental, Leyte, Southern Leyte, and Bukidnon with total resources of Php 2.4 billion as of December 2019. CANBNK is now one of the biggest rural banks in the country.
Cantilan Bank has been named as the country’s No. 1 Most Outstanding Countryside Financial Institution by Landbank. CANBNK also won the 2015 International Microfinance Best Practices Award from Fondazione Giordano dell’Amore in Milan, Italy. It was also one of the top ten semi-finalists in the European Microfinance Award on Microfinance and Access to Education. CANBNK has also been consistently recognized by the BIR as the top corporate taxpayer in Surigao del Sur since 2013. Its microsavings product for students was recognized as the best in the country by the Rafael B. Buenaventura Foundation.
For any concerns, please go to your branch of account or contact us at (086) 212-5056 or email email@example.com Cantilan Bank is regulated by the Bangko Sentral ng Pilipinas with contact number (632) 8708-7087. Cantilan Bank is a proud member of BancNet.