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Express Payment System. The Express Payment System, more commonly known as the EPS, was the EFTPOS system originally of the ATM cards of Bank of the Philippine Islands and its subsidiaries, BPI Family Savings Bank and BPI Direct Savings Bank. Today [when?], it is the EFTPOS system of the Expressnet interbank network in the Philippines.
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The Rizal Commercial Banking Corporation ( PSE : RCB ), commonly known as RCBC ( simplified Chinese: 中华银行; traditional Chinese: 中華銀行; pinyin: Zhōnghuá Yínháng; Pe̍h-ōe-jī: Tiong-hôa Gûn-hâng ), is one of the largest universal banks in the Philippines with total consolidated resources of Ph₱ 1.2 trillion. It was ...
The Overseas Filipino Bank (OFBank) is the state-owned digital-only, branchless bank in the Philippines.Formerly known as the Philippine Postal Savings Bank (PPSB) or PostBank, it is the smallest of the Philippines' three state-owned banks (the others being Land Bank of the Philippines and Development Bank of the Philippines), and is the 16th largest thrift banks in terms of assets.
BancNet. BancNet (also spelled Bancnet) is a Philippine-based interbank network connecting the ATM networks of local and offshore banks, and the country's single interbank network in the Philippines in terms of the number of member banks and annual transactions. [citation needed] Due to its status as the country's single ATM switch operator, it ...
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 ...
Net income. P1.325 billion PHP ( 4%) (2004) [1] Allied Banking Corporation (now Philippine National Bank) was one of the largest banks in the Philippines. On February 9, 2013, the bank was merged with Philippine National Bank, creating the fourth largest private domestic bank in the Philippines.
In 2006, Sy bought the remaining 66% of Equitable PCI Bank, the Philippines' third largest lender, and merged it into BDO the following year. The transaction turned BDO into the second largest financial company in the country. He was the Philippines' richest man, gaining $5 billion in 2010, amid the global financial crisis.