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The Philippine National Bank was established as a government-owned banking institution on July 22, 1916. Its primary mandate was to provide financial services to Philippine industry and agriculture and support the government's economic development effort.
The Manila Electric Company (PSE: MER), also known as Meralco (/ m ɜːr ɑː l k oʊ /, Tagalog: [mɛˈɾalkɔ], stylized in uppercase), is an electric power distribution company in the Philippines.
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.
Maia Santos Deguito, the former bank manager of Rizal Commercial Banking Corporation (RCBC) is convicted of money laundering in connection with the $81-million cyber heist on Bangladesh's central bank in 2016. [4]
Major notable acquisitions include Commercial Bank and Trust Company in 1981, CityTrust Banking Corporation in 1996, Far East Bank and Trust Company in 2000, Prudential Bank in 2005, [17] BPI's subsidiary BPI Family Savings Bank in early-2022 [18] and Robinsons Bank in early-2024. [19]
EastWest Banking Corporation – is a universal bank in the Philippines known as EastWest Unibank. Its headquarters is at The Beaufort, the flagship luxury condominium project of Filinvest Development Corporation in Bonifacio Global City with extension offices at PBCom Tower Makati (Call Center Division), Hanston Building (Customer Care), and Pasong Tamo Extension (formerly the country head ...
It was privatized and sold to First Philippine Holdings Corporation, a Lopez-owned and controlled corporation involved in energy and power supply generation business. In 2013, the company registered consolidated net income attributable to equity holders of the parent of P4.740 billion, lower by 47% than P9.002 billion in 2012.
ABS-CBN Corporation (also known alternatively and secondarily since August 2007, and formerly primarily from February 1, 1967 to September 23, 1972 and September 14, 1986 to August 2007 as ABS-CBN Broadcasting Corporation) is a Filipino media company based in Quezon City, Metro Manila, Philippines.
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