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Export & Industry Bank
Export & Industry Bank was incorporated in 2004 and operated as a member of the Philippine Deposit Insurance Corporation from an apparent single...
Export & Industry Bank
Export & Industry Bank was incorporated in 2004 and operated as a member of the Philippine Deposit Insurance Corporation from an apparent single jurisdiction in the Philippines. Its product architecture centered on deposit-gathering instruments such as the Expert Savings Account, a US dollar-denominated savings vehicle, and peso time deposits — a standard retail-bank liability structure supported by foreign-exchange dealing desks that published daily peso cross-rates against the US dollar, British pound, euro, Swiss franc, Japanese yen, Hong Kong dollar, Singapore dollar, and Canadian dollar. The bank's asset-accumulation engine was its proprietary ExpertFund, a unit trust that ranked first in the Trust Officers Association of the Philippines report for 20 consecutive weeks as of late May 2008, and led the year-to-date report at the same date. It also operated a companion product, ExpertGreen Fund, which posted a net asset value per unit of 1.37106 as of January 13, 2011. The Philippine peso-weighted average for the PDS was 44.0300 that day, and the bank quoted the US dollar note buying rate at 43.6000 and selling at 44.1000. No portfolio companies, co-investment vehicles, or direct private-capital placements are disclosed in available records. Publicly available information on team size, leadership, or capital base is absent from the firm's own site and from structured external sources. The bank maintained a correspondent-bank network and a board of directors and senior management roster that were at one point listed under navigable menu items on its website, but those pages resolve to errors in the preserved scrape, and no named executives can be confirmed. The firm's last observable operating date was January 14, 2011, when its website was still publishing updated foreign-exchange rates and fund NAVs. Export & Industry Bank's structural profile is that of a small, deposit-funded Philippine savings bank that built a modestly successful captive mutual-fund franchise. No successor entity, family-office conversion, acquisition, or regulatory action is documented in the available primary-source record, leaving the post-2011 status of the institution unverified.
General information
Firm type
Bank
Year founded
2004
AUM
Undisclosed
Location
Region
Asia
Country
Philippines
City
—
Corporate office
Philippines
Sector focus
Frequently asked questions
What products did Export & Industry Bank offer?
The bank offered peso and US dollar savings accounts, peso and US dollar time deposits, and two proprietary unit trust funds: ExpertFund and ExpertGreen Fund. It also maintained a foreign-exchange dealing desk that published daily buying and selling rates across nine major currency pairs as of early 2011.
How did ExpertFund perform relative to its peers?
ExpertFund ranked first in the Trust Officers Association of the Philippines report for 20 consecutive weeks as of May 30, 2008, and also held the top year-to-date ranking at the same date, according to the bank's own product-news postings.
What is the current status of Export & Industry Bank?
The last dated primary-source evidence shows the bank's website publishing foreign-exchange rates, fund net asset values, and service notices as of January 14, 2011. No primary source confirms operations, a closure event, a merger, or an acquisition after that date.
Was Export & Industry Bank insured by PDIC?
Yes. The bank's website footer explicitly stated membership in the Philippine Deposit Insurance Corporation, as required for Philippine savings banks that take retail deposits.
Did Export & Industry Bank have a direct-investment or private-capital operation?
No evidence of a direct-investment, private-equity, or venture-capital operation exists in the available primary-source record. The bank's public-facing activities were confined to deposit-taking, foreign-exchange services, and retail mutual fund management.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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