Banco San Juan
Encyclopedia
Banco San Juan, formally known as the Rural Bank of San Juan, is one of the largest rural bank
s in the Philippines
, ranking second in terms of resources. The bank is headquartered in San Juan City, Metro Manila
. It has the distinction for being the first rural bank to join an interbank network
, namely BancNet
, and the rural bank with the largest branch network on the island of Luzon
. The bank was founded in 1953.
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
s in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
, ranking second in terms of resources. The bank is headquartered in San Juan City, Metro Manila
Metro Manila
Metropolitan Manila , the National Capital Region , or simply Metro Manila, is the metropolitan region encompassing the City of Manila and its surrounding areas in the Philippines...
. It has the distinction for being the first rural bank to join an interbank network
Interbank network
An interbank network, also known as an ATM consortium or ATM network, is a computer network that connects the ATMs of different banks and permits these ATMs to interact with the ATM cards of non-native banks....
, namely BancNet
BancNet
Bancnet, Inc. is a Philippine-based interbank network connecting the ATM networks of more than forty local banks. It is considered the largest interbank network in the Philippines in terms of the number of member banks and annual transactions...
, and the rural bank with the largest branch network on the island of Luzon
Luzon
Luzon is the largest island in the Philippines. It is located in the northernmost region of the archipelago, and is also the name for one of the three primary island groups in the country centered on the Island of Luzon...
. The bank was founded in 1953.