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Company Overview

Microfinance Maximum Savings Bank, Inc., was registered with the Securities and Exchange Commission on 21 July 2005 under S.E.C. Registration No. CS200512802. It was incorporated on 15 July 2005 and was granted authority by the Bangko Sentral ng Pilipinas on February 2006 principally to engage in the general business of a thrift bank with microfinance orientation.

 

Also known as MAXBANK – A Thrift Bank, it operates in No. 54, Barangay Sabang, Puerto Galera, Oriental Mindoro and is spearheaded by its President and CEO, Ms Lorna R. Taotjo.

The Bank has a 7-member Board composed of the Chairman, Maximilian Oppacher; Vice-Chairman, Christopher James Penney; and Members: Lorna Taotjo, Teresa Nasayao, Lito Enciso, Geert Van der Linden, and Efren Rodriguez.

Aside from microfinance loans, the Bank also grants small and medium enterprise loans and business loans and engages in receiving deposits from public such as savings passbook account and time deposits. It also provides other services such as safe deposit boxes, domestic and foreign remittances and payroll services.