Queen City Development Bank
From Wikipedia, the free encyclopedia
| Queen City Development Bank | |
|---|---|
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| Type | Private |
| Founded | Iloilo City, Philippines (1981) |
| Headquarters | Iloilo City, Philippines |
| Key people | Rogelio M. Florete, Chairman and President |
| Industry | Finance and Insurance |
| Products | Financial Services |
| Net income | P14.32 million PHP (▲1%) (2006) [1] |
| Employees | unknown |
| Website | www.queenbank.com.ph |
Queen City Development Bank, also known as QCDB and Queenbank for short, is a private development bank based in Iloilo City in the Philippines. Founded in 1981 as a small bank with only a handful of employees and four million pesos in capital, Queenbank has grown into a medium-sized bank with a presence in major cities in the Philippines and with the distinction of being the largest bank in the province of Iloilo.
The bank caters to Iloilo's home-grown businesses, which form a significant portion of its clientele, but also to individual investors and families.
It is one of the few banks not based in Metro Manila that is a member of an interbank network, in this case, MegaLink. It likewise offers credit card services in partnership with Equitable CardNetwork, a subsidiary of the present-day Banco de Oro.
