Enterprise Bank Inc. (EBI)
Type: Microfinance Institution
Headquarters: Philippines
Countries of Operation: Philippines
Regions of Operation: East Asia and Pacific
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Enterprise Bank, Inc (EBI), formerly known as the New Rural Bank of Lianga, was founded in 1976 as a community based Rural Bank serving the needs of the locality. In 1997, EBI was accredited by the People's Credit and Finance Corp. (PCFC) as one of its program partners in Mindanao. EBI then launched its microfinance program âKalisud Mo, Tabangan Koâ or KMTK, a credit program which adopts the basic Grameen Bank model of solidarity lending. KMTK became the flagship loan product of EBI and was instrumental in improving the bank's financial performance. EBI has established itself to become a major financial provider that has made a difference and improved the lives of thousands of households in Mindanao.
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Philippines
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