Corporate Development

When the management team headed by Jose G. Araullo as Chairman of the Board in 2003 and Alfredo S. Barretto as President in 2004 took over the Bank’s operations, initial steps taken were all focused on addressing specific operations and systems concerns including installation of more efficient controls and liquidity management. Starting with year-end 2003 and ending in 2004, total resources of P2.39 Billion increased to P2.56 Billion; The growth was mainly brought about by increase in paid-up capital. However, from 2004 to 2005, marked improvements were significantly recorded in loans and deposits resulting in total resources at P3.27 Billion in 2005 and P4.19 Billion in 2006. The bank continues in expressing significant improvements when total resources reaches P6.21 Billion in 2007 and P7.20 Billion in 2008. At present, 2009 total resources is at P9.3 Billion. 

The results are management effort to pursue overall operations expansion through its new image, more aggressive marketing strategies, development of products and services and elevating the quality of its manpower.

With a re-engineered vision and mission, the bank went into computerization of its CASA operations and continues to install more improved and efficient systems and technology advancements in other areas of operation including loans, accounting and treasury operations.

ATM services were offered as a significant addition to its deposit product base and payroll services were also provided for clients in need of payroll servicing assistance.

Loan servicing was also expanded to include more consumer-based such as salary loans, auto loans, and small business financing packages.

Alongside expansion of products and services, manpower development programs are also conducted to equip all personnel with the necessary knowledge and skills that will help in the marketing and operations of the bank.

Armed with all these improvements, The Real Bank faces up to the challenge of making its way to the top as it establishes its name and its own identity in the Philippine thrift banking industry.