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BPI Escolta Sta. Cruz branch at Plaza Santa Cruz, Manila which occupies the Don Roman Santos Building, former head office of Prudential Bank. The Bank of the Philippine Islands (Filipino: Bangko ng Kapuluang Pilipinas; Spanish: Banco de las Islas Filipinas, commonly known as BPI; PSE: BPI) is a universal bank in the Philippines.
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 1980s was a very significant decade in the bank; in 1982 it officially decided to adopt the history of the Philippine Bank of Commerce (PBC), resulting in it becoming the first Filipino-owned private commercial bank in the country. It established its ExpressPadala Center in Ermita, and pioneered the remittance business in the country.
After twenty-three years, each veteran only received ₱28 (equivalent to ₱214.98 in 2021) worth of dividends as a return on their investment, or ₱14 (equivalent to ₱107.49 in 2021) per share. With the EDSA Revolution and the subsequent ouster of Marcos, the new Philippine government passed Republic Act No. 7169, [ 3 ] which would rescind ...
BPI may refer to: In banking: Banca Popolare Italiana, an Italian bank merged into Banco Popolare; Banco Português de Investimento, a Portuguese bank; Bank of the Philippine Islands, the oldest bank in the Philippines; Bpifrance, a French bank; In business: Baltimore Polytechnic Institute, a public high school in Maryland, United States
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Banco Português de Investimento (Portuguese pronunciation: [ˈbɐ̃ku puɾtuˈɣeʒ ðɨ ĩvɨʃtiˈmẽtu], "Portuguese Investment Bank"), or simply BPI, is a Portuguese private investment bank, currently owned by finance multinational CaixaBank. Founded in 1981, it runs the banking business with companies, institutional and private clients.
The Philippine Stock Exchange, Inc. (Filipino: Pamilihang Sapi ng Pilipinas; PSE: PSE) is the national stock exchange of the Philippines.The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange.