The Real Bank
Encyclopedia
The Real Bank, or simply The Real Bank or Real Bank, originally Real Savings and Loan Association Inc., is a Philippine
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...

 bank
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:...

.

History

Established in 1976, Real Savings & Loan Association Inc. (RSLAI) started as a single-branch bank in Cainta, Rizal
Cainta, Rizal
The Municipality of Cainta is a first-class urban municipality in the province of Rizal, Philippines. It is one of the oldest , and is the town with the second smallest land area of 26.81 km² next to Angono with 26.22 km².Cainta serves as the secondary gateway to the rest of Rizal...

. It
remained as such for more than fifteen years with minimal growth until the new group of owners took over in 1994. Since then, the new REAL BANK (A Thrift Bank), Inc. experienced significant growth and improvement in terms of following: capitalization approval, wide growth of branch network, and products and services expansion.

Management

Jose G. Araullo is the Chairman of the Board, while Alfredo S. Barreto is the President
President
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...

. Jose L. Acuzar, Marcial O.T.
Balgos, and Eduardo I. Plana are all the company directors.

Locations

The bank is only found 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...

.
The Head Office is located in the 7th Floor of The President Tower, a building
Building
In architecture, construction, engineering, real estate development and technology the word building may refer to one of the following:...

 in Timog Ave., Diliman, Quezon City
Quezon City
Quezon City is the former capital and the most populous city in the Philippines. Located on the island of Luzon, Quezon City is one of the cities and municipalities that make up Metro Manila, the National Capital Region. The city was named after Manuel L...

, 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...

.
Some branches are found in Quezon City
Quezon City
Quezon City is the former capital and the most populous city in the Philippines. Located on the island of Luzon, Quezon City is one of the cities and municipalities that make up Metro Manila, the National Capital Region. The city was named after Manuel L...

, Manila
Manila
Manila is the capital of the Philippines. It is one of the sixteen cities forming Metro Manila.Manila is located on the eastern shores of Manila Bay and is bordered by Navotas and Caloocan to the north, Quezon City to the northeast, San Juan and Mandaluyong to the east, Makati on the southeast,...

, Rizal
Rizal
Rizal is a province located in the CALABARZON , just 16 kilometers east of Manila. The province was named after the country's national hero, José Rizal. Rizal Governor Casimiro A. Ynares III on June 17, 2008 announced the transfer of the Capitol from Pasig. Its P 270-million capitol building,...

, Bulacan
Bulacan
Bulacan , officially called the Province of Bulacan or simply Bulacan Province, is a first class province of the Republic of the Philippines located in the Central Luzon Region in the island of Luzon, north of Manila , and part of the Metro...

, Laguna, Batangas
Batangas
Batangas is a first class province of the Philippines located on the southwestern part of Luzon in the CALABARZON region. Its capital is Batangas City and it is bordered by the provinces of Cavite and Laguna to the north and Quezon to the east. Across the Verde Island Passages to the south is the...

, and Cavite
Cavite
Cavite is a province of the Philippines located on the southern shores of Manila Bay in the CALABARZON region in Luzon, just 30 kilometers south of Manila. Cavite is surrounded by Laguna to the east, Metro Manila to the northeast, and Batangas to the south...

.
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