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1st Valley Bank

Company name1st Valley Bank
Company typePrivate
SloganWe nurture your success
IndustryFinance and Insurance
FoundedKapatagan, Lanao del Norte, Philippines (1956)
HeadquartersBaroy, Lanao del Norte, Philippines
Key peopleNicolas Lim, President and CEO
ProductsFinancial Services
Net incomeP33.26 million PHP ((+)40%) (2006) [http://www.1stvalleybank.com
Employeesunknown

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1st Valley Bank is a rural bank (3rd in terms of assets)in the Philippines, based in Baroy, Lanao del Norte and servicing various areas in Mindanao, specifically the provinces of Lanao del Norte, Lanao del Sur, Misamis Occidental, Misamis Oriental, Bukidnon, Zamboanga del Norte, Zamboanga del Sur and Zamboanga Sibugay.

The bank's primary clientele include small and medium enterprises and farmers in the communities served by it. Loans granted by the bank are primarily channeled to help finance the production of coconut, corn, rice and fish. The bank also provides capital and other banking services, as a co-partner of the Department of Agriculture, to small-scale commercial, industrial and agri-aqua business or diversified farming in line with the government’s program in agricultural development to uplift the socio-economic welfare of the people. The bank has also a special loan program to accommodate salaried individuals and micro entrepreneurs.


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