Producers Savings Bank

The Producers Bank Group, currently the biggest standalone Thrift bank in terms of branch network with over 200 branches, is also the biggest lender to individual rice farmers, Teachers and SMEs in the Philippines today. It is focused on the countryside with preference to areas not served and underserved by the large Banks and has in fact opened branches where the local community bank was closed by the Bangko Sentral Ng Pilipinas (BSP). In its 25 years of existence, Producers Bank has achieved many firsts - the most notable of which are - it is the first Rural Bank with Head Office in Metro Manila to be upgraded to thrift bank status since the enactment of the General Banking Law of 2000 - and it is the first thrift bank to be accredited by BSP as an Accredited Rural financial Institution under RA 10000 and BSP Circular 736. Focusing on the Countryside has enabled Producers Bank to achieve double bottom line results - protect farmers from unscrupulous traders and from their counterpart in the ASEAN and achieve above-industry return on equity.