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The Philippine National Bank ( PNB, Filipino: Bangko Nasyonal ng Pilipinas; [3] Spanish: Banco Nacional Filipino; [4] Hokkien Chinese: 菲律賓國家銀行; Pe̍h-ōe-jī: Hui-li̍p-pin Kok-ka Gûn-hâng) is one of the largest banks in the Philippines. It was established by the Philippine government on July 22, 1916, during the American Era .
The Development Bank of the Philippines ( DBP) is a state-owned development bank headquartered in Makati, Philippines . It was established after World War II in 1947 on the government's effort through its mandate to rebuild the country's war torned infrastructure. It is the eighth-largest bank [4] in the Philippines in terms of assets as of ...
SM Investments Corporation ( SMIC ), also known as SM Group, is a Filipino conglomerate with interests in various sectors, mostly in shopping mall development and management, retail, real estate development, banking, and tourism. [3] [4] Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, [5] being the ...
In the Philippines, monetary policy is the way the central bank, the Bangko Sentral ng Pilipinas, controls the supply and availability of money, the cost of money, and the rate of interest. With fiscal policy (government spending and taxes), monetary policy allows the government to influence the economy, control inflation, and stabilize ...
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 ...
MANILA (Reuters) -Philippine President Ferdinand Marcos Jr. will meet U.S. Secretary of State Antony Blinken on March 19 to tackle cooperation and security matters, the office of the Manila leader ...
First Isabela Cooperative Bank, commonly known as FICOBank, is a cooperative bank in the Philippines established in the mid-1970s.It is primarily engaged in financial intermediation between and among: the farmers, fishers and their organizations; the micro, small and medium entrepreneurs; the rural, urban and overseas workers; and the other groups of financial consumers.
The Philippine Charity Sweepstakes Office ( PCSO, Filipino: Tanggapan sa Charity Sweepstakes ng Pilipinas [1]) is a government-owned and controlled corporation of the Philippines under direct supervision of the Office of the President of the Philippines. It is mandated to do fund raising and provide funds for health programs, medical assistance ...