41 YEARS OF BANKING EXCELLENCE

       Queenbank has been continuously implementing improvements to focus on providing banking excellence and exceptional customer service to our clients by investing in various areas that include system upgrades, branch development, and hiring and training the best people. It also supports the government by complying with regulations and ensures that the bank minimizes the use of its resources.

       Queen City Development Bank is an established private development bank based in Iloilo City that started its operations on July 18, 1981. This gave Ilonggos a taste of the real Ilonggo banking service, according to Queenbank’s founder Dr. Rogelio Florete. “It was a gratifying moment in the bank’s history as small businessmen, farmers and even depositors residing in and outside Iloilo City flocked our door to either open a savings account or apply for small loan,” he said.

       With a total of 19 branches including one branch lite-unit nationwide and growing, Queenbank offers a wide range of traditional products and services to individuals, corporations, and small and medium entrepreneurs such as retail banking, consumption, agricultural, auto, housing, multi-purpose loan, and others. With over 41 years of experience in the banking industry, Queenbank has been continuously implementing improvements to focus on providing banking excellence and exceptional customer service to our clients by investing in various areas that include system upgrades, branch development, and hiring and training the best people.

       Queenbank has taken an important step in enhancing its services by introducing mobile banking. The Queenbank mobile app has revolutionized the way clients interact with the bank, providing them with convenient and hassle-free banking experiences around the clock. Through the mobile app, savings and current account holders can easily transfer funds within Queenbank branches as well as to other bank, stay updated with real-time foreign exchange rates, and generate personal QR Code for seamless transactions.

       Queenbank’s mobile app allows clients to link their accounts to popular e-Wallets. This integration opens up a world of perks and benefits offered by the partner merchants of these e-Wallets.

       The app has received the approval of the Bangko Sentral ng Pilipinas, ensuring its compliance with the highest standards of security.

Queenbank expands by opening branches in Aleosan (Alimodian, Leon and San Miguel)

The name Aleosan, derived from the towns of Alimodian, Leon, and San Miguel, represents an area rich in agricultural heritage in the province of Iloilo. These towns thrive on farming, cultivating various crops such as rice, corn, vegetables, fruit trees, root crops, bamboo, and coconut.

With a focus on meeting the financial needs of the residents and local businesses, Queenbank has established branches in Alimodian and Leon, along with a branch-lite unit in San Miguel.

They are strategically located near town plazas, public markets, and main thoroughfares. Queenbank ensures that banking services are easily accessible for individuals, allowing them to conveniently manage their finances. It also strengthens the bank’s connection with the community it serves.

These branches provide a range of banking services including savings and checking accounts, loans, and payment centers, bolstering the economic growth of Aleosan.

Queenbank helps propel transportation growth and sustainability

Transportation plays a vital role in the Philippine economy as it connects various population centers and economic hubs.

Queenbank plays a crucial role in supporting the transportation sector through financing and investment. It provides loans to transportation companies and cooperatives for the purchase of vehicles, equipment, and infrastructure.

Through its loans, the bank is also able to provide these companies and organizations with the needed working capital to help improve transportation management and efficiency.

With the increasing focus on sustainability and environmental responsibility, Queenbank also supports the transportation sector’s transition to greener and more sustainable practices through its green financing.

Through its various loan options, the bank contributes to the growth, efficiency, and sustainability of the transportation sector while supporting businesses in their financial needs

Queenbank sows seeds of growth for the entire rice value chain

Rice holds immense importance in the Philippines, serving as a staple food for millions of Filipinos. The country’s agricultural sector heavily relies on rice production, which not only ensures food security but also contributes significantly to the national economy.

The demand for rice remains consistently high, necessitating increased productivity and sustainable farming practices to meet the growing needs of the population

The bank has taken proactive steps to support farmers in their operations and improve their productivity.

Rice Producers

Rice farmers play a crucial role in ensuring food security and sustaining agricultural livelihoods. Their daily tasks involve preparing the fields, planting rice seedlings, managing irrigation systems, applying fertilizers and pesticides, and monitoring crop growth. They work diligently throughout the growing season, taking care of their crops until it is time for harvest.

However, many farmers face challenges in financing their operations and improving productivity. They need high-quality seeds, fertilizers, and pesticides, as well as modern farming equipment and machinery.

Rice Harvesters

Rice harvesters also play a crucial role in the agricultural sector by efficiently harvesting rice crops. They operate specialized machinery and equipment to cut, thresh, and collect mature rice stalks. To carry out their tasks effectively, rice harvesters require access to modern and well-maintained harvesting equipment, such as combine harvesters and threshers. However, these machines can be costly for individual harvesters to purchase or maintain.

Rice Millers and Traders

Rice millers and traders play a crucial role in the rice supply chain by processing and distributing rice to meet consumer demands. Rice millers are responsible for milling paddy rice into marketable rice products, while traders facilitate the buying and selling of rice between farmers, millers, and retailers. To carry out their operations effectively, rice millers and traders require access to modern milling equipment, storage facilities, and working capital for purchasing rice from farmers. However, the upfront costs of machinery and infrastructure can be significant.

A thriving agricultural sector drives economic growth, creates employment opportunities, and strengthens rural communities

The Role of Queenbank

Queenbank has taken proactive steps to support those working in the rice production sector. The bank offers tailored financial products and services specifically designed to address the unique requirements of rice farmers, harvesters, millers, and traders.

By easing the financial burden on these sectors, they can invest in modern farming practices, secure better yields, and improve their standard of living. Enhanced productivity contributes to increased domestic rice supply, which can help stabilize prices and reduce dependency on rice imports. Moreover, a thriving agricultural sector drives economic growth, creates employment opportunities, and strengthens rural communities.

The bank not only uplifts individual farmers but also contributes to the overall development and progress of the nation’s agricultural landscape.

Queenbank sustains the construction industry

In the construction industry, concrete blocks manufacturing and trading is a lucrative business due to the demand for housing and infrastructure. This is another industry that Queenbank supports, recognizing the trade’s importance to the community.

Queenbank provides loans and credit facilities to help fund the establishment or expansion of concrete blocks manufacturing and trading businesses. Through its financing, the companies or traders are able to purchase machinery, equipment, and raw materials. The funds may also be used for working capital to meet day-to-day operational expenses.

As Queenbank helps this industry, it also stimulates economic growth by sustaining essential construction materials, promoting entrepreneurship, generating employment, facilitating affordable housing, and supporting infrastructure development.

Beyond financial assistance, Queenbank also offers valuable advisory services. Our expertise in risk management, market analysis, and business planning can help these businesses make informed decisions, mitigate risks, and optimize their operations for long-term success.