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Economy of Tuguegarao City


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establishments for which more than half are located in the Poblacion and less than one-third (1/3) are in the urban barangays. Of the 5,709 registered establishments, 53.48% or 3,053 are wholesale and retail trade establishments. Financing, insurance and real estate firms contributed 488 or 8.54%, and the remaining 2,168 or 37.98% consist of service enterprises and social amenities to include business, recreational, personal, utility and other services. At present, there are 31 banks operating in the city
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