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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]
The building will be occupied by the banking firm Banco de Oro (BDO), the namesake of the building. The BDO Corporate Center was not meant to become the new headquarters of Banco de Oro. The bank's management & many major offices still remained in Makati (former Equitable-PCI Headquarters) until their demolition starting 2022. [7]
The northern portion of the area is part of Quezon City.It is situated south of Ugong Norte. The EDSA Shrine and Robinsons Galleria is situated here. Robinsons Galleria is a mixed-use complex composed of two high-rise office towers namely the Galleria Corporate Center and the Robinsons Equitable Tower, the Holiday Inn Manila Ortigas and Crowne Plaza Manila Galleria, the Galleria Regency and a ...
BDO Unibank was established on January 2, 1968 as Acme Savings Bank, a thrift bank with just two branches in the area before Metro Manila was formed. In November 1976, Acme was acquired by the SM Group, the group of companies owned by retail magnate Henry Sy, and renamed Banco de Oro Savings and Mortgage Bank.
The mall is also located to nearby malls such as the Robinsons Galleria, St. Francis Square, The Podium, the Shangri-La Plaza, and Starmall EDSA Shaw and landmarks such as the Asian Development Bank Headquarters, Saint Pedro Poveda College, University of Asia and the Pacific, BDO Corporate Center, The Podium West Tower and the San Miguel ...
The third, fourth, and fifth floors of the mall formerly housed the St. Francis branch of CCF. A part of the third floor acted as a transit floor for escalators from the second floor to the fifth floor as a direct access corridor to and from the CCF auditorium, while the fifth and sixth floors housed the 3,000-person capacity CCF Auditorium and ...
The building is located at the corner of Ayala Avenue and H.V. Dela Costa Street at Salcedo Village in Makati. It is also adjacent to the headquarters of BDO, a rival bank of Metrobank which is the main asset of the building's owner George Ty. It is situated near the entrance of the Makati Central Business District from Gil Puyat Avenue.
On January 6, 2006, Banco de Oro Universal Bank submitted a merger offer to the bank, with Banco de Oro as the surviving entity. Under the proposed offer, Banco de Oro would swap 1.6 of its shares for every 1 share of Equitable-PCI (The merger occurred, but BDO Shareholders were to swap 1.8 BDO shares for every EPCI share).