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Wealth Development Bank

Wealth Development Bank
1967 FOUNDED
M&A STATUS
201-300 EMPLOYEES
M&A LATEST DEAL TYPE
2 FINANCING ROUNDS
Description

Provider of commercial banking services. The company provides online banking, loan funding, corporate financing and money lending services.

Formerly Known As
Danao City Development Bank
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Primary Industry
Regional Banks
Primary Office
  • Taft Financial Center, Cardinal Rosales Avenue
  • Cebu Business Park
  • Cebu City
  • Philippines

Wealth Development Bank Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Wealth Development Bank Former Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Wealth Development Bank Executive Team (3)

Name Title Board
Seat
Contact
Info
Gregorio Anonas III President and Chief Executive Officer
Danilo Quinto Executive Vice President & Chief Operations Officer
Renato Barcenas Chief Compliance Officer & Assistant Vice President

Wealth Development Bank Board Members (1)

Name Representing Role Since Contact
Info
000000 0000000 Wealth Development Bank Chairman of the Board 000 0000