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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 one of the largest names in the Philippine ...
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The current bank is the product of the Banco de Oro–Equitable PCI Bank merger.The boards of both banks agreed to merge on December 27, 2006. The new BDO Unibank retained the ticker symbol of the old Banco de Oro, and 1.3 billion BDO shares were issued in exchange for 727 million Equitable PCI Bank shares.
The landmark decision would trigger a planned merger between Philippine National Bank (PNB) and Tan's Allied Banking Corporation. Edgar Bancod, research head, ATR-Kim Eng Securities, stated that the merged bank would become the country's fourth biggest after Metropolitan Bank & Trust Co., Banco de Oro-EPCIB, and the Bank of the Philippine Islands.
One change from the 2010 guidelines is that the 2023 version expanded the definition of a "highly concentrated market." Mergers in highly concentrated markets are more likely to face opposition ...
Urban Bank (PSE: UBI), also known by its initials (and ticker symbol) UBI, was a middle-sized bank in the Philippines.The bank, along with its two subsidiaries, declared a voluntary bank holiday for failing to meet withdrawals and was consequently closed by the Bangko Sentral ng Pilipinas and put under the mandatory receivership of the Philippine Deposit Insurance Corporation on April 26, 2000.
This is a list of proposed state mergers, including both current and historical proposals originating from sovereign states or organizations.The entities listed below differ from separatist movements in that they would form as a merger or union of two or more existing states, territories, colonies or other regions, becoming either a federation, confederation or other type of unified sovereign ...
July 12, 2016 December 5, 2016 Rodrigo Duterte: 6 Leoncio Evasco Jr. December 5, 2016 July 12, 2017 7 Eduardo del Rosario: July 12, 2017 February 14, 2019 Republic Act No. 11201 establishes the Department of Human Settlements and Urban Development formally abolishing the Housing and Urban Development Coordinating Council.