Salmon Group Ltd operates a licensed bank in the Philippines – the Rural Bank of Sta. Rosa (Laguna), Inc. (“Bank”) -- with the ambition of building the best credit-led and technology-driven bank in Southeast Asia.
Salmon was founded in July 2022 by an experienced founding team, uses AI-enabled technology and a proprietary credit engine to offer market-disruptive consumer loans (Salmon Credit, Salmon Installment and Salmon Cash Loans) providing differentiated simplicity and convenience to its customers. The Salmon mobile app is 4.8 and 92% of its customers recommend its services to their friends and family.
In December 2023, Salmon received the approval of the Bangko Sentral ng Pilipinas to acquire a majority stake at the Bank, which has its head office in Sta. Rosa, Laguna and a branch in Bacoor, Cavite. The Bank has been serving residents of Laguna and Cavite since 1963 and will look to expand its range of financial services including ...