Securities and Exchange Commission (SEC) Approves Rang-ay Bank’s Capital Hike to 1Billion Pesos

As part of Rang-ay Bank’s strengthening program and to support its long-term expansion plans, the bank to increased its authorized capital stock from Php 500 million to Php 1 billion. The increase in authorized capital stock is a significant milestone in the bank’s journey. The capital increase is expected to provide the financial headroom necessary to sustain this momentum and fund future initiatives.

 

The application was approved by the Bangko Sentral ng Pilipinas (BSP) last January 21, 2025, and likewise approved by the Securities and Exchange Commission (SEC) last May 07, 2025. The certificate of increase was officially handed over by SEC-Baguio Extension Office Director Atty. Regina May Cajucom-De Guzman to      Rang-ay Bank’s President & CEO Mr. Ives Jesus C. Nisce II and Baguio Branch Senior Branch Manager Ms. Milagros Aida G. Guanzo received the certificate during a brief ceremony at the SEC Baguio Branch on May 16, 2025. The capital stock increase reaffirms the Bank’s commitment to financial inclusion and rural development.