ISLA Bank

ISLA Bank (A Thrift Bank) is a duly licensed thrift bank in the Philippines owned by the Lopez-Vito family. The first branch of ISLA Bank was established in 1977 at Iloilo City. Currently, it has 3 branches located in Makati City (Head Office), Iloilo City and Bacolod City. The bank was established from a rich Filipino heritage and inspired by the home's example of solidarity, reliability, and trust. ISLA Bank strives to emulate the responsibilities the home has ministered through the ages.
ISLA Bank's financial condition continues to remain strong. Total resources of the bank increased by 5.8% to end 2009 at P1.009 billion. This marked a milestone for Isla Bank as the bank reached the P1 billion total resources level for the first time. This was due primarily to a 16.3% increase in its deposits to P377.3M from P324.3M the previous year. The bulk of funds continue to be invested in overnight lending which amounted to P430.1M at the end of the year, although this was a slight drop of 1.0% from P434.2M at the end of 2008. Investment in Government Securities rose significantly by 28.4% to P341.8M from P266.1M the previous year. The banks' loan portfolio, however, dropped by 12.5% to P109.6M from P125.4M, again due to the lack of quality loans in the market as the result of the ongoing economic crisis.
ISLA Bank has done a good job in re-cladding the fading Glass Tower in Legaspi Village Makati City, which the Iloilo-based owners, the Lopez-Vitos, recently acquired from their cousins, the Rufinos.
Board Of Directors
Jose Ma. J. Lopez-Vito III - Chairman
Rafael J. Lopez- Vito - Vice Chairman
Ma. Melinda I. Lopez-Vito
Eduardo V. Lim
Jocelyn M. Gozum
Ma. Pilar J. Lopez-Vito
Jose Manuel J. Lopez-Vito
Ma. Asuncion M. Imperial
Oscar L. Hernandez
Nemesio S. Magno
Violeta G. Angeles
Branches
Makati City - Glass Tower,
115 C. Palanca, Jr. St.,
Legaspi Village,
Makati City
Tel. No. (632)-840-40-20
Iloilo City -Plaza Jaro, Jaro,
Iloilo City
Tel. Nos. (033)-329-07-30 (033)-329-40-19
Bacolod City -RS Bldg., Hilado St.,
Bacolod City
Tel. Nos. (034)-433-85-55 (034)-433-68-88
Products and services
Loans
*Personal Loans
*Corporate Loans
*Auto/Truck Loans
*Appliance Loans
*Agricultural Loans
*Equipment Financing
Deposits
*Savings Accounts
*Current Accounts
*Special Savings Accounts
*Time Deposit
Placements
*Bank PN
*Government Securities
*Commercial Papers
Others
*Safe Deposit Box
Competition
Isla Bank mostly competes with other thrift banks, such as Philippine Postal Savings Bank, First Consolidated Bank, and Equicom Savings Bank.

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