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The Union Bank of the Philippines, Inc. (PSE: UBP), more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets. [2] UnionBank is a joint consortium among the Aboitiz Group, Insular Life, and Social Security System. It started operations in 1981 and became a commercial ...
The Philippine Commission enacts the Sedition Act December 14 An earthquake estimated of magnitude 7.8 shakes Lucena City. 1902 January The first labor union of The Country, Union de Litografose Impresores de Filipinas, is organized. January 21 The Philippine Commission calls for the organization of Public Schools in the Philippines. March 30
The history of the Philippines from 1565 to 1898 is known as the Spanish colonial period, during which the Philippine Islands were ruled as the Captaincy General of the Philippines within the Spanish East Indies, initially under the Viceroyalty of New Spain, based in Mexico City, until the independence of the Mexican Empire from Spain in 1821.
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The El Banco Español Filipino de Isabel II (now Bank of the Philippine Islands) was the first bank opened in the Philippines in 1851. In 1873, additional ports were opened to foreign commerce, and by the late nineteenth century three crops—tobacco, abaca, and sugar—dominated Philippine exports.
The bank listed on the Philippine Stock Exchange on December 6, 2004, under the ticker symbol IBNK. iBank was acquired by Union Bank of the Philippines on June 5, 2006 that saw 98.86% of all iBank shares being sold in a block sale, catapulting UnionBank to become the seventh-largest bank in the Philippines in terms of assets.
Early Philippine society was composed of such diverse subgroups as e.g., fishermen, farmers and hunter/gatherers, with some living in mountainside swiddens, some on houseboats and some in commercially developed coastal ports.
The Philippine Savings Bank (PSE: PSB, Also known in Hokkien Chinese: 全菲儲蓄銀行; Pe̍h-ōe-jī: Choân Hui Thí-thiok Gûn-hâng; & Mandarin simplified Chinese: 全菲储蓄银行; traditional Chinese: 全菲儲蓄銀行; pinyin: Quán Fēi Chúxù Yínháng) [2] (shortened as PSBank or abbreviated as PSB) is a savings bank based in the Philippines.