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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.
With three other banks, namely Far East Bank and Trust Company (since merged with BPI), Philippine National Bank and United Coconut Planters Bank, it formed Megalink, then the Philippines' largest ATM network. On July 27, 1996, Equitable Savings Bank was established as Equitable's savings bank arm.
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, [1] there were 45 universal and commercial banks, [2] 44 savings banks, [3] 400 rural and cooperative banks, [4] 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ...
In 2002, a total of 117.7 million Philippine pesos in rebates were distributed to about 195,000 accounts. The rebates were for salary loans and ranged from 500 to 2,000 Philippine pesos each. [9] In 2002, it had nonperforming bad loans of 1.4 billion Philippine pesos, but for 2003 this had increased to 4.18 billion Philippine pesos.
Philippine National Bank (PNB) 1,254,974.36: 8 Security Bank Corporation (Security Bank) 1,189,460.23: 9 Union Bank of the Philippines (Unionbank) 975,009.45: 10 Development Bank of the Philippines (DBP) 971,535.85: 11 East West Banking Corporation (EastWest Bank) 468,225.98: 12 Citibank Philippines: 375,941.33: 13 Asia United Bank Corporation ...
Expressnet is the primary network of the following banks listed below: Banco de Oro (formerly a member of MegaLink, now BancNet) - April 1995; Bank of the Philippine Islands and subsidiaries BPI Direct Savings Bank and BPI Family Savings Bank (also a member of BancNet) - February 14, 1986
Philippine Business Bank (PBB, also known in Hokkien Chinese: 菲律賓商業銀行 / 菲商業銀行; Pe̍h-ōe-jī: Hui-li̍p-pin Siong-gia̍p Gûn-hâng; & Mandarin simplified Chinese: 菲律宾商业银行 / 菲商业银行; traditional Chinese: 菲律賓商業銀行 / 菲商業銀行; pinyin: Fēilǜbīn Shāngyè Yínháng) [1] is a Filipino savings bank which focuses on corporate and ...
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.
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