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MegaLink (also spelled as Megalink) is a Philippine-based developer of mobile and banking software as well as a service provider for banks, specifically for Automatic Teller Machine (ATM) networks and point of sale systems for banks. It was established in 1989; it was later repurposed in 2015.
Hua Nan Commercial Bank Ltd - Manila Branch: 8,670.80: 39 Industrial Bank of Korea - Manila Branch: 7,946.65: 40 Cathay United Bank Co. Limited - Manila Branch: 6,961.75: 41 Chang Hwa Commercial Bank Limited - Manila Branch: 6,237.62: 42 United Overseas Bank Limited - Manila Branch: 5,152.83: 43 First Commercial Bank (Taiwan) Limited - Manila ...
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 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 ...
BancNet was founded on July 17, 1990, as the Philippines' second ATM consortium when the ATMs of eight banks, PCI Bank (later Equitable PCI Bank, now Banco de Oro), Security Bank, Chinabank, RCBC, Allied Bank (now part of PNB), Metrobank, International Exchange Bank (now part of UnionBank) and CityTrust Banking Corp. (now part of BPI) formed BancNet.
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.
In 1981, Comtrust would merge with the Bank of the Philippine Islands (BPI) and consequentially BPI became the building's new tenant. The building would house the BPI Escolta branch. [3] On June 27, 2019, the building was recognized as an Important Cultural Property by the National Museum of the Philippines. [1]
International Exchange Bank (merged with Union Bank of the Philippines) LBC Bank; Monte de Piedad Savings Bank (acquired by Keppel Bank) Philippine Commercial International Bank (merged with Equitable Bank, renamed Equitable PCI Bank) Prudential Bank (acquired by Bank of the Philippine Islands) Urban Bank (closed then merged with Export and ...