Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
123
self-reported band not used
Founded
1966
60 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
None on record
Company type
Privately Held
self-reported
Description
Overview
Wealth Development Bank ''WealthBank'', an affiliate of the Vicsal Development Corporation (VDC) is the first and only thrift bank in the Philippines to become a subsidiary of a multinational bank, Woori Bank, South Korea's number one bank. Recognizing the high potential for business expansion and growth, Woori Bank partnered with VDC to acquire WealthBank in 2016.
WealthBank provides a wide range of mass-market financial products and services such as traditional savings and deposit products, salary loans to public school teachers and employees, housing loans, auto loans, and many more. With the thrust to provide safe and convenient financial services, the bank also offers an Internet Banking Service (IBS) that is both available on the website and mobile application. It allows customers to do fund transfers via InstaPay and PESONet, pay bills, view account balances, and do other banking transactions anytime, anywhere.
The synergy between Woori Bank and VDC will also expand WealthBank's reach to serve the Korean Small and Medium Enterprises (SMEs) market, Korean businesses operating around the country, Korean citizens visiting and working in the Philippines, and the Overseas Filipino Worker (OFW).
This major milestone is the key to the fulfillment of WealthBank's vision beyond global reach to a global presence.
Website https://wealthbank.com.ph/ Industry Banking Company size 501-1,000 employees 144 on LinkedIn Includes members with current employer listed as WealthBank, including part-time roles.
Headquarters Cebu, Central Visayas Founded 1967
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | PH |
All codes: PH
Addresses
- PHCardinal Rosales Avenue; Taft Financial Center; Cebu, Central Visayas 6000Primary
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
Names and titles are intentionally absent from this page. The source relation carries no consent record across the privacy regimes this directory spans, so it is never requested and never stored. Search engines see exactly what you see here.
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FAQ
How many people work at Wealth Development Bank?
The record holds 123 counted staff profiles at January 2026. Its self-reported band sits above that count and is not published as a headcount.
Where does Wealth Development Bank have offices?
One address on record, Philippines only. Primary: Cardinal Rosales Avenue, Taft Financial Center, Cebu, Central Visayas 6000.
Has Wealth Development Bank raised funding?
None linked to this brand.
Which companies are listed alongside Wealth Development Bank?
5 profiles list Wealth Development Bank as a peer — 72nd percentile in Financial Services. It lists ten peers of its own. WealthBank lists it back.