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EastWest Bank was created on August 14, 1988. It was on that date that the Bangko Sentral ng Pilipinas granted EastWest Bank its commercial banking license. Backed-up by the Filinvest Group of Companies, EastWest Bank opened to the public along Senator Gil Puyat Avenue, Makati on August 1, 1994. This was the comeback of the Gotianuns in the ...
Banco de Oro–Equitable PCI Bank merger. The Banco de Oro-Equitable PCI Bank merger (2004–2006) was a plan by the SM Group of Companies and Banco de Oro Universal Bank, the then fifth-largest bank in the Philippines, to merge with Equitable PCI Bank, the third-largest bank. The merger was part of a long-term goal of Banco de Oro to become ...
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, there were forty-five (45) universal and commercial banks, forty-four (44) savings banks, four hundred (400) rural and cooperative banks, forty (40) credit unions and 6,267 non-banks with quasi-banking functions ...
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Metropolitan Bank & Trust Company (Metrobank) was established by a group of businessmen on September 5, 1962, at the Wellington Building in Binondo, Manila. In August 1963, the bank's first branch was established in Divisoria. Four years later, Metrobank opened its first provincial branch in Davao. In the early 1970s, Metrobank opened its first ...
BDO Unibank, Inc ., commonly known as Banco de Oro ( BDO ), [a] is a Philippine banking company based in Mandaluyong, the Philippines. BDO Unibank is a member of the SM Group and so can be found at SM Malls throughout the country. BDO is the largest bank in the Philippines by total assets, and 15th largest in Southeast Asia by total assets, as ...
The United Coconut Planters Bank, more popularly known by its initials, UCPB, or by its old name, Cocobank, was a government-owned bank and was one of the largest banks in the Philippines, having ranked within the top twenty banks in the country in terms of assets. It was the only existing universal bank not listed on the Philippine Stock Exchange.
Development Bank of the Philippines (DBP) 1,042,129.41: 9 Union Bank of the Philippines (Unionbank) 961,584.41: 10 Security Bank Corporation (Security Bank) 878,563.32: 11 East West Banking Corporation (EastWest Bank) 403,810.69: 12 Asia United Bank Corporation (AUB) 336,454.99: 13 Citibank Philippines: 334,018.44: 14 Bank of Commerce (BankCom ...
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