Maxbank - A Thrift Bank

Maxbank - A Thrift Bank

Mindoro Zambales Philippines
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Investor info
Type
Investment Banks & Service Providers
Stage focus
  • Seed Round
Industry focus
Description
Microfinance Maximum Savings Bank, Inc., was registered with the Securities and Exchange Commission on 21 July 2005 under S.E.C. Registration No. CS200512802. It was incorporated on 15 July 2005 and was granted authority by the Bangko Sentral ng Pilipinas on February 2006 principally to engage in the general business of a thrift bank with microfinance orientation. Also known as MAXBANK - A Thrift Bank, it operates in No. 54, Barangay Sabang, Puerto Galera, Oriental Mindoro, with Other Banking Office (080) at Unit 1502, 15F 139 Corporate Center, 139 Valero Street, Makati City; and two (2) Micro-Banking Offices located at GF Home Mark Bldg., JP Rizal St., Camilmil, Calapan City; and #24 Antonio Pastor Bldg., P. Burgos St., Batangas City. The Bank has a 7-member Board spearheaded by Chairman, Mr. Maximilian Oppacher, Vice-Chairman, Dr. Tan Seng Chuan and President/CEO Mr Randy Romano 0. De Castro. Other Members are Ms. Norma Sit, Mr. Josef-Dax Aguilar, Ms. Nida C. Suba and Mr. Eduardo G. Jumangit. Aside from microfinance loans, the Bank also grants small and medium enterprise loans and business loans and engages in receiving deposits from public such as savings passbook account and time deposits. It also provides other services such as safe deposit boxes, domestic and foreign remittances and payroll services.
Relevant investments
  • Company
    Amount
    Round
  • Example example company Inc
    $ 1,000,000
    Investor meetings
  • Company & Company
    € 11,000,000
    Series C funding
  • Example
    $ 524,000
    Seed round A
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