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Davivienda purchased the Costa Rica, El Salvador, and Honduras operations of HSBC in 2012. [ 6 ] On November 6, 2021, Davivienda announces that Rappi Bank will arrive in Colombia in 2022 in alliance with Rappi , an entity that would absorb the 760,000 Rappi Pay customers and more than 100,000 RappiCard credit card customers in Colombia.
It became a publicly listed company on July 11, 2007, offering 25% of its total outstanding shares to the public. Phoenix Petroleum became the first independent oil company to be listed on the Philippine Stock Exchange after the Oil Deregulation Law was passed in 1998. Phoenix Petroleum also became the first company from Davao City to go public.