Salmon Bank, the banking arm of the Salmon Group, announced strong financial results and continued innovation

During a press conference at Blackbird restaurant in Makati on Wednesday, Salmon Group co-founder Raffy Montemayor, who also serves as Salmon Bank chairperson, said  “Salmon Bank is at the heart of the Salmon ecosystem. We combine the stability of a regulated bank with the technology and speed of a fintech company.”

The event at Blackbird highlighted the transformation of 60-year-old Rural Bank of Sta. Rosa into Salmon Bank, a modern, tech-driven bank built on trust, innovation and customer care.

 “We are growing responsibly, guided by strong governance and compliance,” Montemayor said.

Robust financial performance

In the third quarter of 2025, Salmon Bank nearly tripled its deposits year-on-year and grew its loan portfolio by more than 40 percent quarter-on-quarter. 

The bank also reported that equity tripled year-on-year. Despite rapid expansion, Salmon Bank maintains a capital adequacy ratio three times higher than the Bangko Sentral ng Pilipinas requirement.

“These results show that responsible growth works,” Montemayor said. “We continue to deliver strong performance while ensuring the safety and trust of our customers.”

Outperforming traditional banks

Salmon Bank’s high-yield time deposits have drawn strong demand from savers. A one-million-peso deposit earns around ₱67,000 in one year, more than twice the return of most traditional banks. The bank also maintains a 99 percent payment success rate and 4.8-star rating on app stores, reflecting customer satisfaction and product reliability.