Company Information

Get to know Luzon Development Bank

Established in 1961, Luzon Development Bank (LDB) has grown to become one of the largest private development banks in the Philippines in terms of assets. Its mission is to be a catalyst for progress by delivering innovative and relevant financial services to its customers, particularly focusing on small and medium-sized enterprises (SMEs), professionals, and individuals within its service areas. The bank offers a comprehensive suite of products including various deposit accounts, consumer and commercial loans, treasury services, and electronic banking facilities.

Industry

Financial BankingPRIMARY
Financial Other Service

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Luzon Development Bank

Philippines

Founded in

1960 (66 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.