Salmon Bank has secured a PHP 400 million (US$6.8 million) capital injection from its parent company, Salmon Group Ltd. Scheduled for completion by the end of March 2026, this fresh funding increases the rural lender’s total equity capital to PHP 1.6 billion (US$27.3 million).

Following the latest infusion, the parent company’s overall capital commitment to the bank’s digital upgrade stands at PHP 1.3 billion (US$22.2 million).

The capital boost significantly strengthens the institution’s regulatory buffers to support future asset growth.

Based on its end-of-2025 balance sheet, the bank’s pro-forma Core Equity Tier 1 ratio will rise from 16.1% to 23.1%, whilst its total Tier 1 ratio will climb from 22.8% to 29.2%.

Furthermore, the bank maintained a stable credit profile, reporting a low gross non-performing loan ratio of 2.1% in the fourth quarter of 2025.

Backed by investors such as the International Finance Corporation and Abu Dhabi wealth funds, saw its customer base more than double in 2025.

This growth was heavily driven by demand for its deposit offerings, particularly an 8% time deposit product.

Raffy Montemayor, chairman of Salmon Bank, noted that the institution scaled effectively with high capital discipline.

“This additional funding enables us to continue that momentum in 2026 as we grow responsibly,” Montemayor stated.

Featured image: Edited by Fintech News Philippines based on an image by Salmon Bank.