Insights

Global Expansion WealthBank is uniquely positioned as a Philippine thrift bank backed by a multinational parent (Woori Bank), enabling cross-border service potential and collaboration opportunities with Korean SMEs, OFWs, and Korean nationals operating in the Philippines.

SME and OFW Focus The bank’s strategy to serve Korean SMEs, Korean businesses in the Philippines, and OFWs suggests a ready-made sales channel for cross-border banking, remittance services, SME lending, and payroll solutions.

Digital Banking Edge WealthBank offers Internet Banking with InstaPay and PESONet, presenting upsell potential for digital treasury services, online lending, and enhanced cash management for business clients seeking convenient, scalable online solutions.

Mid-Sized Growth With 51–200 employees and revenue in the low to mid single digits of a million to ten million, there is opportunity to target WealthBank’s growth phase with bundled financial products, partner referrals, and scalable commercial lending packages.

Strategic Partnership As a subsidiary of Woori Bank via VDC, there is potential to pitch co-branded products, international remittance corridors, and Korea-Philippines trade finance solutions through a unified regional strategy.

Similar companies to WealthBank

WealthBank Tech Stack

WealthBank uses 8 technology products and services including Open Graph, Cloudflare DNS, Google Workspace, and more. Explore WealthBank's tech stack below.

  • Open Graph
    Content Management System
  • Cloudflare DNS
    Domain Name Services
  • React
    Javascript Frameworks
  • jQuery
    Javascript Libraries
  • Google Tag Manager
    Tag Management
  • Bootstrap
    UI Frameworks
  • X-Content-Type-Options
    Web & Portal Technology

WealthBank's Email Address Formats

WealthBank uses at least 1 email format:
WealthBank Email FormatsExamplePercentage
Last.First@wealthbank.com.phDoe.John@wealthbank.com.ph
100%

Frequently Asked Questions

What is WealthBank's official website and social media links?

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WealthBank's official website is wealthbank.com.ph and has social profiles on LinkedIn.

How much revenue does WealthBank generate?

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As of August 2026, WealthBank's annual revenue is estimated to be $1M - $10M.

What is WealthBank's SIC code and NAICS code?

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WealthBank's SIC code is 6029 - Commercial Banks, Not Elsewhere Classified and NAICS code is 52211 - Commercial Banking.

How many employees does WealthBank have currently?

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As of August 2026, WealthBank has approximately 174 employees across 2 continents, including Asia and North America. Key team members include Chief Administrative Officer: A. F., Head Of Information Technology: R. S. R. and Avp Of Information Security And Data Privacy: E. J. Explore WealthBank's employee directory with LeadIQ.

What industry does WealthBank belong to?

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WealthBank operates in the Banking industry.

What technology does WealthBank use?

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WealthBank's tech stack includes Open Graph, Cloudflare DNS, Google Workspace, React, jQuery, Google Tag Manager, Bootstrap and X-Content-Type-Options.

What is WealthBank's email format?

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WealthBank's email format typically follows the pattern of Last.First@wealthbank.com.ph. Find more WealthBank email formats with LeadIQ.

When was WealthBank founded?

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WealthBank was founded in 1967.
WealthBank logo

WealthBank

BankingCentral Visayas, Philippines51-200 Employees

WealthBank is the first and only thrift bank in the Philippines to become a subsidiary of a multinational bank, with Woori Bank as its parent and Vicsal Development Corporation as its affiliate. Woori Bank and VDC brought WealthBank under their joint ownership in 2016 through a strategic acquisition. Based in Cebu City, Central Visayas, the bank operates as a mid-sized financial services provider focused on accessible banking for a broad customer base.

WealthBank offers a range of mass-market financial products, including savings and deposits, as well as salary loans for public teachers and employees, housing loans, and auto loans. It provides Internet Banking Services via its website and mobile app, enabling fund transfers through InstaPay and PESONet, bill payments, and balance inquiries. The governance and strategy emphasize expanding its reach to Korean SMEs, Korean businesses operating in the Philippines, Korean nationals visiting or working in the country, and Overseas Filipino Workers, leveraging its multinational connections.

Section iconCompany Overview

SIC Code
6029 - Commercial Banks, Not Elsewhere Classified
NAICS Code
52211 - Commercial Banking
Founded
1967
Employees
51-200

Section iconFunding & Financials

  • $1M - $10M

    WealthBank's revenue is estimated to be in the range of $1M - $10M

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