page_title: Valencia, Bukidnon
section_title: Commerce and trade
hierarchical_section_title: Valencia, Bukidnon / Economy / Commerce and trade
caption_attribution_description: English: Robinsons Place Valencia
context_page_description: Valencia, officially the City of Valencia, is a 2nd class city in the province of Bukidnon, Philippines. According to the 2015 census, it has a population of 192,993 people.
  Valencia attained its city status after the ratification of Republic Act No. 8985 on January 12, 2001. The city is the most populous among all cities and municipalities, and the 6th largest in terms of area in the province of Bukidnon. It is also the most populous inland/landlocked city in Mindanao. It is the third largest city in Northern Mindanao in terms of population, after Cagayan de Oro and Iligan City respectively. The city serves as the center of trade and commerce in the province of Bukidnon.
context_section_description: Valencia City is the center of trade and commerce in Bukidnon due to its central location in the heart of Mindanao and its rapid economic growth. The city is noted for its Valencia Rice, a variety of rice.
  Some of the prominent retail stores in the city include Alkuino Emporium, Fiesta Shopping Center, Gaisano Valencia, NVM Mall, Puregold, Plaza Villahermosa, Roy Plaza, Robinsons Supermarket, Trendline, and Unitop. Soon-to-open include such stores as NVM Mall-Guinoyuran Road and Robinsons Place Valencia, the second Robinsons Place brand in Northern Mindanao after Iligan. Commercial establishments owned by Maranao, Chinese, and Korean immigrants are also found in the city.
  The city has ample outlets for shopping. Some of the famous known brands include Jollibee, Chowking, Greenwich, McDonald's, Red Ribbon, Goldilocks, 7-Eleven, Penshoppe, Citi Hardware, Rough Rider Jeans, Yamaha, Mitsubishi, Toyota and Honda.
  Commercial activities are centered on the Poblacion, particularly at the locally termed "Centro" (Downtown). Several retail stores, banks, and commercial establishments are located in this area of Poblacion. Aside from the Centro proper, there are some commercial establishments at Hagkol, on the north portion of Poblacion. It is a result of northward urban expansion of the city. Famous motorbike and vehicle retailers, hotels, schools, hospitals and cafes are located at the Hagkol area.
  Valencia City has two functional public markets:
  Valencia City Public Market  – located at the commercial center of the city, along G. Laviña Avenue. It serves as the central market of the population.
  Valencia Farmer's Market – it is found along Guinoyuran Road. Located in the upper part of Poblacion, it serves as the landing area of agricultural and aquatic products from neighboring towns and provinces. It is near to the proposed second branch of NVM Mall.
  Of the 52 banks actively serving region of Bukidnon, 20 banks (about 40% of the province) are located in Valencia City. Nine of the ten largest universal/commercial banks in the country serve the city (except Unionbank). Other banks include Veterans Bank, One Network Bank, Asian United Bank, PSBank, Bukidnon Cooperative Bank, Enterprise Bank, Dumaguete City Development Bank, Rizal Microbank, EastWest Rural Bank, Bank of Makati and Banco Dipolog.
  During the year 2013, the city had a total generated income of Php 667,728,494. This has continued to surpass 600,000,000 in the following years.
caption: Robinsons Place Valencia
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