Camalig Bank Inc. (A Rural Bank), formerly known as The Rural Bank of Camalig (Albay), Inc. started its operations on June 6, 1969. The setting up of the bank was in response to the Central Bank's call to provide credit and financial services to the countryside.
Camalig Bank has initially offered credit facilities to the agricultural sector. In later years, services were extended to salary, developmental, small and medium enterprises, real estate, microfinance, and DepED APDS loans (Department of Education Automatic Payroll Deduction Scheme). The changing need of the communities we serve has led to the expansion to several other products including financing for gadgets, vehicles, and heavy equipment. These loan types are introduced to meet business and personal needs of Bicolanos in the hopes of spurring the local economic activities.
Camalig Bank prides itself on a healthy deposit portfolio deeply rooted in the trust afforded to us by our clients. We have a wide selection of deposit products tailored to help our clients start with their financial journey and achieve maximum growth potential for their savings.
Fast forward to fifty years since our humble beginnings, Camalig Bank has gone to great lengths of transforming from a single branch to now a solid institution with region-wide presence through our 16 branches and 5 branch lite offices.
We are a financial institution committed to supporting our clients’ well-being. We share your aspirations of receiving financial assistance through competitive rates and competent service. We ensure the practice of good corporate governance and prudent decision making in all transactions, at all times.
A Trusted Rural Banking Partner
There are plenty of banks to go to for your banking needs, but what sets us apart is that we pride ourselves in ensuring that our client gets the most pleasant experience that will make you want to say that with Camalig Bank, you are “Banking with Confidence.”
As the leading home-grown rural bank in Bicol, we surmounted numerous challenges, strived to maintain decades of lasting and meaningful relationships, and remained steadfast in delivering quality, friendly, and personalized service to our clients.
Our guiding principle and overall mission are to be the trusted partner in providing innovative, accessible, and wide-reaching financial products and services in the countryside. We have sustained this mission and are poised to continuously assert this position through our efforts to walk the talk as embodied in our company values.
Our Commitment Translated to Numbers
With our decades of service, we endeavored to maintain financial stability in our operations
*Based on latest prescribed computation of BSP / Basel 1.5