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One Network Bank

Company nameOne Network Bank
Company typePrivate
SloganPera ng Mindanao, Para sa Mindanao
(Filipino: The money of Mindanao, for Mindanao)
IndustryFinance and Insurance
FoundedDavao City, Philippines (2004)
HeadquartersKm. 9 Sasa, Davao City, Philippines
Key peopleVictor A. Consunji, Chairman
Alex V. Buenaventura, President
ProductsFinancial Services
Net incomeP231 million PHP ((+)70%) (2007) [
Employees1,025 (as of January 2010)

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One Network Bank, also known as ONB, is a rural bank based in Davao City in the Philippines. Formed in 2004 through the consolidation of Network Rural Bank of Davao del Sur, the Rural Bank of Panabo of Davao del Norte and the Provident Rural Bank of Cotabato, ONB is the largest rural bank in the Philippines in terms of assets, with a network of 75 branches and 96 ATMs (as of May 2010) throughout the provinces of Mindanao, including seventeen localities where it is the sole provider of financial services.

It is the first rural bank in the Philippines to receive the nod of the Philippine Clearing House Corporation (PCHC) to establish a checking account, as well as to have its cheques cleared directly by the PCHC, instead of an intermediary bank. It is also an equity member of MegaLink, one of the first banks in Mindanao to join an interbank network.

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