"AN AGRIKULTURA AN PUNDASYON SAN KAUSWAGAN"

The Rural Bank of Calbayog City, Incorporated (RBCCI) is committed to provide financial products and services at reasonable rates and terms to promote business opportunities to small and medium enterprises, develop

agricultural livelihood projects, and to provide technical support and assistance to agricultural reform beneficiaries.

Towards this end, RBCCI shall provide quality service that will meet and exceed its clients’ expectations to ensure that RBCCI becomes their bank of choice.

Rural banks (RBs) are an important force of supporting rural economic development. Its development can help construct healthier and more diversified rural financial system, effectively improve overall financial environment of rural development and solve financial repression problem that herein exist.

The effect of COVID-19 Pandemic has been happening right now worldwide affecting the economic condition from paralysis stage to recession.

RBCCI continuously promote, develop and provide credit to primary producers in Samar such as farmers, fisherfolks and small businesses that commonly belong to the most marginalized sectors in the province.

The Rural Bank of Calbayog City, Incorporated (RBCCI), exhibiting integrity, competence and compassion, aims to be the leading rural bank in the Region and a catalyst for financial growth in the countryside that uplifts the quality of living of its people.

In the Rural Bank of Calbayog City’s efforts to meet its Mission and Vision, the Bank hereby sets its Company Objectives. These shall serve as indicators to Management that the Bank is meeting the business and service expectations of its customers.

Republic Act No. 7353 entitled “An Act Providing for the Creation, Organization and Operation of Rural Banks and for Other Purposes” categorically states that the establishment of rural banking system is designed to make needed credit available and readily accessible in the rural areas on reasonable terms.

Meanwhile, much is still desired regarding the government’s Internal Revenue Allotment for the provinces in Samar Island, which we believe is not properly utilized for the development. 

The Rural Bank of Calbayog City, Incorporated (RBCCI) was founded on

February 7, 1959 with the late Hermenegildo R. Rosales at its helm as the Chairman of the Board, came together with the intention of assisting the agricultural and aquaculture sectors.

RBCCI maintained the distinction being the first bank in the City of Calbayog as well as in the Province of Samar. Incorporated with an authorized capital of Php 50,000.00, this “seed” money was more than sufficient to assist the farmers, fishermen and other small businesses. Its main thrust was to improve the quality of the Samaren os’ lives by offering finance assistance and technical know-how regarding the business or project they would like to embark on.

In addition to providing financial assistance to those who required it, RBCCI also provides depository services to its clientele.

Such facility not only provides security measure for the bank, at the same time, it provides an investment opportunity to its depositors through its earned interest on their respective monies.

Owing its continued existence and success to the communities served by the bank, RBCCI in return takes part in social responsibilities like giving contribution to various disaster-relief programs, socio civic activities and charitable institutions.

Rural development emerged as a distinct focus of policy and research in 1950’s and gained full momentum in 1970’s when Universal and Commercial Banks (UCBs) started their venture in Calbayog. Whereas economic growth and industrialization were important, rural areas and its development had crucial and different roles to play. Moreover, it also entails more than the development of agricultural production – which was the primary objective of RBCCI.