Established in 1980, Cantilan Bank (CANBNK) has helped improve the economy of many communities through its innovative products and services. With its network of 46 branches and branch lites, the Bank provides financial access to over 100 communities across 12 provinces in Mindanao and the Visayas. CANBNK is regarded as one of the leading rural banks in the country and was given the Digital Trailblazer award by the Bangko Sentral ng Pilipinas in 2019.
Innovation is the bank’s strategic imperative and it considers digital technology and partnerships as the key drivers for financial inclusion especially in the post-Covid-19 era. In January 2019, with the support of the ADB and the BSP’s approval, Cantilan Bank became the first bank in the Philippines to go live on a cloud-based core banking system. The pioneering project paved the way for 26 other rural banks to migrate to the cloud and has positioned Cantilan Bank at the frontlines of financial inclusion through digital transformation.
Regarded as one of the top rural banks in the country with its total resources of Php 2.4 billion as of December 2019.