SeaBank completes rebrand as MariBank Philippines

MANILA, Philippines — SeaBank Philippines, the rural bank owned by Singapore-based tech conglomerate Sea Ltd., has completed its rebranding as MariBank Philippines Inc. effective July 31, aligning its local operations with its parent’s financial services arm.

The change brings SeaBank Philippines under the MariBank brand, alongside MariBank Singapore Private Ltd., one of the five digital banks licensed in Singapore. Both banks operate under SeaMoney, the fintech arm of Sea Ltd.

Sea Ltd. is also the parent company of e-commerce giant Shopee and gaming firm Garena.

In a statement, MariBank Philippines president Siew Ghee Kung Lim assured customers that only the bank’s name has changed.

He said that all existing products, accounts and services remain accessible.

“Our dedicated team continues to serve you with the care you’ve always known. In the months ahead, we’ll be introducing more updates, including a refreshed app experience, to reflect this transition,” he said.

For now, Lim said the lender would continue to use official SeaBank communication channels while gradually rolling out MariBank’s updated digital interface.

The Bangko Sentral ng Pilipinas approved the corporate name change on April 21, while the Securities and Exchange Commission subsequently cleared the amended Articles of Incorporation and By-Laws of the bank on July 31, reflecting its new name.

SeaBank Philippines, previously known as Banco Laguna Inc., has a legacy that traces back to its founding in 1965. From its modest beginnings in a small town in Laguna, the bank has consistently held its mission of supporting local communities by providing access to essential financial services.

Following its rebranding in 2020 and guided by a clear mission and vision to make financial services accessible to all through proprietary technology and data, the bank transitioned from traditional banking to a more technology-driven approach.