The Bangko Sentral ng Pilipinas (BSP) has authorised the corporate name change for the Rural Bank of Sta. Rosa (Laguna) Inc.

The Rural Bank of Sta. Rosa will now operate under the name Salmon Bank (Rural Bank).

According to BSP Circular Letter CL No. 2025-039, which was made public on September 12, the central bank authorised the name change on February 21, 2025.

The Securities and Exchange Commission (SEC) subsequently approved the bank’s amended articles of incorporation and bylaws on August 5, 2025.

Salmon Bank is owned by the technology company Salmon Group Limited, which also runs the financing firm Sunprime Finance Inc.

In a statement from July, Salmon Bank reported its financial standing as of the end of June 2025, with assets amounting to PHP 1.8 billion, a deposit base of PHP 952 million, and consumer lending reaching PHP 1.2 billion.

Featured image by photoangel via Freepik.