Siargao Bank (Surigao City)

HISTORICAL BACKGROUND


GENERAL INFORMATION
Name of MFI SIARGAO BANK, Inc.
Year Established  1977
Mission  
Products & Services

 Savings:

  1. Regular
  2. Special
  3. Young savers
  4. Time

Credit:

  1. Salary Loan
  2. Agri-Agra Loan
  3. Micro-Finance Loan
  4. SME

 

 

CONTACT INFORMATION
Address Jose Sering Bldg., Capitol Road, Surigao City
Phone (086) 826-2318
Fax  (086) 826-3464
Email siargaobank@yahoo.com ; mmacam2002@yahoo.com

 

CONTACT PERSONS DESIGNATION DIRECT PHONE DIRECT EMAIL
Socorro L. Sering
Chairman N/A N/A
Pedro B. Gonzales Vice Chairman    
Atty. Mary Ann Lucille L Sering Secretary    

 

OUTREACH AND IMPACT
Outreach Indicators
As of Dec. 31, 2008
No. of Personnel for Microfinance
   
Outreach  
No. of Active Borrowers 1,181
Average Loan Balance per Borrower
   
Loan Portfolio  
Outstanding Loans (Microfinance)

 

financial data
Balance Sheet
As of Dec. 31, 2008
Net Loan Receivables

Total Assets
Php 144,549,559.28
Total Equity 15,315,062.49
   
Financing Structure
 
Capital Asset/Ratio
0.11
Debt/Equity Ratio 8.44
Gross Loan Portfolio/Total Assets  
   
Overall Financial Performance
 
Return on Assets (%)

Return on Equity (%)