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EastWest Bank
EastWest Bank (), more formally known as East West Banking Corporation, is the eleventh largest bank in the Philippines in terms of assets. It was founded in 1994 in Manila by Andrew Gotianun. It is a member of the Filinvest Group, also founded by the late Andrew Gotianun. Its headquarters is at The Beaufort, a condominium building by Filinvest in Bonifacio Global City. History EastWest Bank was created on July 6, 1994. It was on that date that the Bangko Sentral ng Pilipinas granted EastWest Bank its commercial banking license. Backed-up by the Filinvest Group of Companies, EastWest Bank opened to the public along Senator Gil Puyat Avenue, Makati on August 1, 1994. This was the comeback of the Gotianun's in the banking space after they sold the Insular Bank of Asia and America to PCIBank in 1986 (which was acquired by Equitable Bank forming Equitable PCI Bank which in turn was acquired by Banco De Oro in 2006) and Family Savings Bank to BPI (which was renamed BPI Family Savin ...
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Makati
Makati ( ), officially the City of Makati ( fil, Lungsod ng Makati), is a 1st class highly urbanized city in the National Capital Region of the Philippines. Makati is the financial center of the Philippines; it has the highest concentration of multinational and local corporations in the country. Major banks, corporations, department stores as well as foreign embassies are based in Makati. The biggest trading floor of the Philippine Stock Exchange used to be situated along the city's Ayala Avenue, before the stock exchange moved their headquarters to the Bonifacio Global City in Taguig. Makati is also known for being a major cultural and entertainment hub in Metro Manila. According to the 2020 census, it has a population of 629,616 people making it as the 17th most populous city in the country and ranked as the 41st most densely populated city in the world with 19,336 inhabitants per square kilometer. Although its population is just above half a million, the daytime populat ...
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Davao City
Davao City, officially the City of Davao ( ceb, Dakbayan sa Dabaw; ), is a first class highly urbanized city in the Davao Region, Philippines. The city has a total land area of , making it the largest city in the Philippines in terms of land area. It is the third-most populous city in the Philippines after Quezon City and Manila, and the most populous in Mindanao. According to the 2020 census, it has a population of 1,776,949 people. It is geographically situated in the province of Davao del Sur and grouped under the province by the Philippine Statistics Authority, but the city is governed and administered independently from it. The city is divided into three congressional districts, which are subdivided into 11 administrative districts with a total of 182 barangays. Davao City is the center of Metro Davao, the second most populous metropolitan area in the Philippines. The city serves as the main trade, commerce, and industry hub of Mindanao, and the regional center of D ...
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Pasig
Pasig, officially the City of Pasig ( fil, Lungsod ng Pasig), is a 1st class highly urbanized city in the National Capital Region of the Philippines. According to the 2020 census, it has a population of 803,159 people. It is located along the eastern border of Metro Manila with Rizal province, the city shares its name with the Pasig River. A formerly rural settlement, Pasig is primarily residential and industrial, but has been becoming increasingly commercial in recent years, particularly after the construction of the Ortigas Center business district in its west. The city is home to the Roman Catholic Diocese of Pasig, based in Pasig Cathedral, a landmark built around the same time as the town's foundation in 1573. Pasig was formerly part of Rizal province before the formation of Metro Manila, the national capital region of the country. The seat of government of Rizal was hosted in Pasig at the old Rizal Provincial Capitol until a new capitol was opened in Antipolo, within R ...
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Agusan Del Norte
Agusan del Norte, officially the Province of Agusan del Norte ( ceb, Amihanang Agusan; Butuanon: ''Probinsya hong Agusan del Norte''; tl, Hilagang Agusan), is a province in the Caraga region of the Philippines. Its capital is the city of Cabadbaran with several government offices located in the city of Butuan. It is bordered on the northwest by Butuan Bay; northeast by Surigao del Norte; mid-east by Surigao del Sur; southeast by Agusan del Sur, and southwest by Misamis Oriental. History Spanish and American era Prior to its creation as an independent province, Agusan, as it was once undivided, was under the jurisdiction of Surigao province during the Spanish colonial period. In 1907, Agusan was separated from Surigao by the American government, creating the Agusan province. World War II During World War II in 1942, the Japanese Imperial forces landed in Northern Agusan. In 1945, Filipino soldiers of the 6th, 10th, 101st, 102nd, 103rd, 107th and 110th Infantry Division ...
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Butuan City
Butuan (pronounced ), officially the City of Butuan ( ceb, Dakbayan sa Butuan; Butuanon: ''Dakbayan hong Butuan''; fil, Lungsod ng Butuan), is a 1st class highly urbanized city in the region of Caraga, Philippines. It is the ''de facto'' capital of the province of Agusan del Norte where it is geographically situated but has an administratively independent government. According to the 2020 census, it has a population of 372,910 people. It served as the former capital of the Rajahnate of Butuan before 1001 until about 1521. The city used to be known during that time as the best in gold and boat manufacturing in the entire Philippine archipelago, having traded with as far as Champa, Ming, Srivijaya, Majapahit, and the Bengali coasts. It is located at the northeastern part of the Agusan Valley, Mindanao, sprawling across the Agusan River. It is bounded to the north, west and south by Agusan del Norte, to the east by Agusan del Sur and to the northwest by Butuan Bay. Butuan was ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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BancNet
BancNet (also spelled Bancnet) is a Philippine-based interbank network connecting the Automated teller machine, ATM networks of local and offshore banks, and the country's single interbank network in the Philippines in terms of the number of member banks and annual transactions. Due to its status as the country's single ATM switch operator, it is designated by the Bangko Sentral ng Pilipinas (BSP) as the country's national ATM network. BancNet is also the exclusive gateway of China's UnionPay, allowing access to the nearly 1 billion ATM cardholders from China. BancNet is allied with global payment brand JCB Co., Ltd., JCB International. Through this alliance, JCB cardholders can make cash advances at participating BancNet member ATMs nationwide. Bancnet interconnects with international card networks Diners Club International, Diners Club, Discover Card, Discover, Korea Financial Telecommunications & Clearings Institute, KFTC, Mastercard, and Visa Inc., Visa. BancNet serves m ...
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Standard Chartered
Standard Chartered plc is a multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East. Standard Chartered has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has secondary listings on the Hong Kong Stock Exchange, the National Stock Exchange of India, and OTC Markets Group#Pink, OTC Markets Group Pink. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a Systemically important financial institution, systemically important bank. José Viñals is the Group Chairman of Standard Chartered. Bill Winters is the current Group Chief Executive. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: Chart ...
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Subsidiaries And Affiliates
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities for t ...
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Mindanao
Mindanao ( ) ( Jawi: مينداناو) is the second-largest island in the Philippines, after Luzon, and seventh-most populous island in the world. Located in the southern region of the archipelago, the island is part of an island group of the same name that also includes its adjacent islands, notably the Sulu Archipelago. According to the 2020 census, Mindanao has a population of 26,252,442 people, while the entire island group has an estimated population of 27,021,036 according to the 2021 census. Mindanao is divided into six administrative regions: the Zamboanga Peninsula, Northern Mindanao, the Caraga region, the Davao region, Soccsksargen, and the autonomous region of Bangsamoro. According to the 2020 census, Davao City is the most populous city on the island, with 1,776,949 people, followed by Zamboanga City (pop. 977,234), Cagayan de Oro (pop. 728,402), General Santos (pop. 697,315), Butuan (pop. 372,910), Iligan (pop. 363,115) and Cotabato City (pop. 325,079). ...
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