BPI Direct Savings Bank
Bank of the Philippine Islands ( fil, Bangko ng Kapuluang Pilipinas, es, Banco de las Islas Filipinas, commonly known as BPI; ) is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines. The bank has a network of over 900 branches in the Philippines, Hong Kong and Europe, and more than 3,000 ATMs and CDMs (cash deposit machines). BPI was founded during the Spanish colonial era of the Philippines as El Banco Español Filipino de Isabel II. It provided credit to the National Treasury and printed and issued the Philippine peso fuerte, a precursor to today's Philippine peso. History Colonial period BPI was established on August 1, 1851, as the "El Banco Español Filipino de Isabel II" (), named after the Queen of Spain, Isabella II, the daughter of King Ferdinand ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Ferdinand VII Of Spain
, house = Bourbon-Anjou , father = Charles IV of Spain , mother = Maria Luisa of Parma , birth_date = 14 October 1784 , birth_place = El Escorial, Spain , death_date = , death_place = Madrid, Spain , burial_place = El Escorial , religion = Roman Catholicism , signature = Ferdinand VII of Spain signature.svg Ferdinand VII ( es, Fernando VII; 14 October 1784 – 29 September 1833) was a King of Spain during the early 19th century. He reigned briefly in 1808 and then again from 1813 to his death in 1833. He was known to his supporters as '' el Deseado'' (the Desired) and to his detractors as '' el Rey Felón'' (the Felon/Criminal King). Born in Madrid at El Escorial, Ferdinand VII spent his youth as heir apparent to the Spanish throne. Following the 1808 Tumult of Aranjuez, he ascended the throne. That year Napoleon overthrew him; he linked his monarchy to counter-revolution and reactionary policies that produced a deep rift in Spain b ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Isabella II
Isabella II ( es, Isabel II; 10 October 1830 – 9 April 1904), was Queen of Spain from 29 September 1833 until 30 September 1868. Shortly before her birth, the King Ferdinand VII of Spain issued a Pragmatic Sanction to ensure the succession of his firstborn daughter, due to his lack of a son. She came to the throne a month before her third birthday, but her succession was disputed by her uncle the Infante Carlos (founder of the Carlist movement), whose refusal to recognize a female sovereign led to the Carlist Wars. Under the regency of her mother, Spain transitioned from an absolute monarchy to a constitutional monarchy, adopting the Royal Statute of 1834 and Constitution of 1837. Her effective reign was a period marked by palace intrigues, back-stairs and antechamber influences, barracks conspiracies, and military ''pronunciamientos''. She was deposed in the Glorious Revolution of 1868, and formally abdicated in 1870. Her son, Alfonso XII, became king in 1874. Birth ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Spain
, image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , image_map = , map_caption = , image_map2 = , capital = Madrid , coordinates = , largest_city = Madrid , languages_type = Official language , languages = Spanish language, Spanish , ethnic_groups = , ethnic_groups_year = , ethnic_groups_ref = , religion = , religion_ref = , religion_year = 2020 , demonym = , government_type = Unitary state, Unitary Parliamentary system, parliamentary constitutional monarchy , leader_title1 = Monarchy of Spain, Monarch , leader_name1 = Felipe VI , leader_title2 = Prime Minister of Spain ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Queen Of Spain
, coatofarms = File:Coat_of_Arms_of_Spanish_Monarch.svg , coatofarms_article = Coat of arms of the King of Spain , image = Felipe_VI_in_2020_(cropped).jpg , incumbent = Felipe VI , incumbentsince = 19 June 2014 , his/her = His , heir_presumptive = Leonor, Princess of Asturias , first_monarch = Isabella I of Castile and Ferdinand II of Aragon ( Catholic Monarchs of Spain) , date = , appointer = Hereditary , residence = Royal Palace of Madrid (official)Palace of Zarzuela (private) , website The Spanish Monarchy The monarchy of Spain or Spanish monarchy ( es, Monarquía Española), constitutionally referred to as The Crown ( es, La Corona), is a constitutional institution and the highest office of Spain. The monarchy comprises the reigning monarch, his or her family, and the royal household organization which supports and facilitates the monarch in the exercise of his d ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Bangko Sentral Ng Pilipinas
The Bangko Sentral ng Pilipinas (; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. History American era and World War II In 1900, the First Philippine Commission passed Act No. 52, which placed all banks under the Bureau of the Treasury and authorizing the Insular Treasurer to supervise and examine banks and all banking activity. In 1929, the Department of Finance, through the Bureau of Banking, took over bank supervision. By 1933, a group of Filipinos had conceptualized a central bank for the Philippine Islands. It came up with the rudiments of a bill for the establishment of a central bank after a careful study of the economic provisions of the Hare–Hawes–Cutting Act, which would grant Philippine independence after 12 years, bu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Philippine Peso
The Philippine peso, also referred to by its Tagalog name ''piso'' (Philippine English: , , plural pesos; tl, piso ; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 ''sentimo'', also called centavos. The Philippine peso sign is denoted by the symbol "₱", introduced under American rule in place of the original peso sign "$" used throughout Spanish America. Alternative symbols used are "PHP", "PhP", "Php", or just "P". The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas (BSP), established on July 3, 1993, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac."Overview of the BSP" Bangko Sentral ng Pilipinas (BSP) Official Website. Retrieved on October 1, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Philippine Peso Fuerte
The Philippine peso fuerte (Spanish "Strong Peso" sign: PF) was the first paper currency of the Philippines and the Spanish East Indies during the later Spanish colonial period. It co-circulated with other Spanish silver and gold coins and was issued by El Banco Español Filipino de Isabel II (currently Bank of the Philippine Islands). The banknotes were convertible to either silver pesos or gold coins at the bank's discretion. The colonial government at the time allowed El Banco Español-Filipino to issue pesos fuertes up to one-fourths of its subscribed capital, or a maximum of PF 100,000, which was subsequently raised to 300,000 in 1855. El Banco Español-Filipino began issuing peso fuerte notes on May 1, 1852. As of the end of the 19th century its circulating volume of 1,800,000 pesos was small relative to about 40,000,000 silver pesos in circulation. See History of Philippine money. The currency was replaced by the modern peso in 1903. In the beginning of the 20th century an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
History Of The Philippines (1521–1898)
Earliest hominin activity in the Philippine archipelago is dated back to at least 709,000 years ago. ''Homo luzonensis'', a species of archaic humans, was present on the island of Luzon at least 67,000 years ago. The earliest known anatomically modern human was from Tabon Caves in Palawan dating about 47,000 years. Negrito groups were the first inhabitants to settle in the prehistoric Philippines. By around 3000 BC, seafaring Austronesians, who form the majority of the current population, migrated southward from Taiwan. Scholars generally believe that these ethnic and social groups eventually developed into various settlements or polities with varying degrees of economic specialization, social stratification, and political organization. Some of these settlements (mostly those located on major river deltas) achieved such a scale of social complexity that some scholars believe they should be considered early states. This includes the predecessors of modern-day population centers ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Automated Teller Machine
An automated teller machine (ATM) or cash machine (in British English) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of names, including automatic teller machine (ATM) in the United States (sometimes redundantly as "ATM machine"). In Canada, the term ''automated banking machine'' (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM over ABM. In British English, the terms ''cashpoint'', ''cash machine'' and ''hole in the wall'' are most widely used. Other terms include ''any time money'', ''cashline'', ''tyme machine'', ''cash dispenser'', ''cash corner'', ''bankomat'', or ''bancomat''. ATMs that are not operated by a financial i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |