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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.
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates one of the largest mobile, fixed-line and broadband networks in the Philippines. As of November 2023, Globe has 54.7 million subscribers, making it the second largest network in terms of subscriber base. [7]
Mynt is a joint venture between Ant Group, an affiliate company of the Alibaba Group who operates Alipay, the world's leading mobile and online payments platform; Ayala Corporation, one of the Philippines' largest and oldest business conglomerates; and telco giant Globe Telecom, through its corporate venture builder, 917Ventures.
On June 17, 1950, Equitable Banking Corporation was founded by Go Kim Pah [1] as the first commercial bank in the Philippines, licensed by the newly formed Central Bank of the Philippines (now Bangko Sentral ng Pilipinas). Other commercial banks like Bank of the Philippine Islands were formed and licensed during the Spanish or American regimes ...
PLDT was established on November 28, 1928, by a Philippine Government act.Philippine legislature and approved by then governor-general Henry L. Stimson by means of a merger of four telephone companies under operation of the American telephone company GTE. [7]
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.
It was the headquarters of Equitable PCI Bank until its merger with Banco de Oro (later known as BDO Unibank) in 2007. [2] Demolition work on the building complex started as early as March 2022, by BDO Unibank. It obtained a demolition permit in December 2021 with JLC Construction as its constructor. [1]
Globe Asiatique commenced the construction of the building then named G.A. Sky Suites, in 2007. [3] Construction of the nearly complete building was put into hold when the G.A. Sky Suites was foreclosed by the Rizal Commercial Banking Corp. (RCBC) in September 2010 after ₱6.6 billion scam case was filed on Delfin Lee the owner of Globe Asiatique.