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EastWest Rural Bank, Inc.
EastWest Bank (, Philippine Hokkien, Hokkien ; Mandarin Chinese, Mandarin ), 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 the late tycoon, Andrew Gotianun and his wife. It is a member of the Filinvest Development Corporation, Filinvest Group, led by the Gotianun family. Its headquarter is located at The Beaufort, a condominium building by Filinvest Development Corporation, Filinvest in Bonifacio Global City. History EastWest Bank was created on August 14, 1988. It was on that date that the Bangko Sentral ng Pilipinas granted EastWest Bank its commercial banking license. Backed-up by the Filinvest, 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 Gotianuns in the banking space, after they sold the Insular Bank of Asia and America to PCIBank in 1986 (which was acquired by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valenzuela, Metro Manila
Valenzuela (, Tagalog language, Tagalog: ; American Spanish: , European Spanish: ), officially the City of Valenzuela (), is a Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the 2020 census, it has a population of 714,978 people. It is the Metro Manila, 6th most populous city in the National Capital Region, and the List of cities in the Philippines, 11th most populous in the country. It is located about north of Manila, the nation's capital. Valenzuela is categorized under Republic Act Nos. 7160 and 8526 as a highly urbanized, first-class city based on income classification and population. A landlocked Cities of the Philippines, chartered city located on the island of Luzon Island, Luzon, it is bordered by the province of Bulacan, and cities of Caloocan, Malabon and Quezon City. Valenzuela shares border and access to Tullahan River, Tenejeros-Tullahan River with Malabon. It has ... [...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 January 3, 1949, and then re-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. The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Chartered
Standard Chartered PLC is a British multinational bank with operations in wealth management, corporate and investment 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. Its largest shareholder is the Government of Singapore-owned Temasek Holdings. The Financial Stability Board considers it a systemically important bank. Maria Ramos is the group chair of Standard Chartered. Bill Winters is the current group chief executive. Diego De Giorgi is the current group chief financial officer. Name The name Standard Chartered comes from the names of the two banks that merged in 1969 to create it: T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiaries And Affiliates
A subsidiary, subsidiary company, or daughter company is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different fields. More focused compa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mindanao
Mindanao ( ) is the List of islands of the Philippines, second-largest island in the Philippines, after Luzon, and List of islands by population, 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 had a population of 26,252,442, while the entire island group had an estimated population of 27,021,036. Mindanao is divided into six administrative regions: the Zamboanga Peninsula, Northern Mindanao, the Caraga region, the Davao Region, 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. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Visayas
The Visayas ( ), or the Visayan Islands (Bisayan languages, Visayan: ''Kabisay-an'', ; Filipino language, Filipino: ''Kabisayaan'' ), are one of the three Island groups of the Philippines, principal geographical divisions of the Philippines, along with Luzon and Mindanao. Located in the central part of the archipelago, it consists of several islands, primarily surrounding the Visayan Sea, although the Visayas are also considered the northeast extremity of the entire Sulu Sea. Its inhabitants are predominantly the Visayan peoples. The major islands of the Visayas are Panay, Negros, Cebu Island, Cebu, Bohol Island, Bohol, Leyte and Samar. The region may also include the provinces of Palawan, Romblon, and Masbate, whose populations identify as Visayan and whose languages are more closely related to other Visayan languages than to the major languages of Luzon. There are four administrative Regions of the Philippines, regions in the Visayas: Western Visayas (pop. 4.73 million), Neg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Butuan
Butuan (pronounced ), officially the City of Butuan (; Butuanon: ''Dakbayan hong Butuan''; ), is a highly urbanized city and the regional center 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 making it the most populous city in Caraga Region. 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 places 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 Butu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Caraga
Caraga, officially the Caraga Administrative Region (or simply known as Caraga region) and designated as Region XIII, is an Regions of the Philippines, administrative region in the Philippines occupying the northeastern section of Mindanao. The region was created through ''Republic Act No. 7901'' on February 23, 1995. The region comprises five provinces: Agusan del Norte, Agusan del Sur, Dinagat Islands, Surigao del Norte, and Surigao del Sur; six cities: Bayugan, Bislig, Butuan (a highly-urbanized city), Cabadbaran, Surigao City, Surigao and Tandag; 67 municipalities and 1,311 barangays. Butuan, the most urbanized city in Caraga, serves as the regional administrative center. Etymology Caraga is named after the Kalagan people (Spanish language, Spanish "Caragan"), a Mansakan languages, Mansakan group native to the regions of Davao Region, Davao and parts of Caraga who speak the Kalagan languages. The name itself is from ''kalagan'' (literally "[strong] spirited") which means ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Stock Exchange
The Philippine Stock Exchange, Inc. (; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927. The PSE's headquarters is located at the Philippine Stock Exchange Tower, located along the One Bonifacio High Street complex in Bonifacio Global City. The Philippine Stock Exchange is currently owned and managed by The Philippine Stock Exchange, Inc., a company that is also listed on the exchange (), which is responsible for managing the entire stock exchange, and currently has a total of 285 listed companies. The main Stock market index, index for the PSE is the PSE Composite Index (PSEi) composed of thirty (30) Public company, listed companies. The selection of companies in the PSEi is based on a specific set of criteria ranging from total Market capitalization, capitalization to minimum number of stockhol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of The Philippine Islands
The Bank of the Philippine Islands ('';'' '','' commonly known as BPI; ) is a universal bank in the Philippines. It is the oldest 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 Automated teller machine, ATMs and CDMs (cash deposit machines). BPI was founded during the History of the Philippines (1521–1898), 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, Queen of Spain, Isabella II, the d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banco De Oro
BDO Unibank, Inc., commonly known as Banco de Oro (BDO), is a Philippine banking company based in Mandaluyong, the Philippines. BDO Unibank is a member of the SM Group and so can be found at SM Malls throughout the country. BDO is the largest bank in the Philippines by total assets, and 15th largest in Southeast Asia by total assets, as of March 31, 2016. It is the largest bank in the country by market capitalization, and has the largest distribution network with over 1,300 operating branches and more than 4,000 ATMs nationwide. BDO is a full-service universal bank. It provides products and services to the retail and corporate markets, including lending (corporate, middle market, SME, and consumer), deposit-taking, foreign exchange, brokering, trust and investments, credit cards, corporate cash management and remittances. Through its subsidiaries, the bank offers leasing and financing, investment banking, private banking, bancassurance, insurance brokerage and stockbroke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equitable PCI Bank
Equitable PCI Bank, Inc. () was one of the largest banks in the Philippines, being the third-largest bank in terms of assets. It was the largest bank before it was overtaken by Metrobank in 1995. It is the result of the merger of Equitable Banking Corporation and Philippine Commercial International Bank or PCIBank. It was known for a wide range of services from savings to insurance and, through its wholly owned subsidiary Equitable Card Network, was the largest Philippine credit card issuer. The bank merged with Banco de Oro Universal Bank in early 2007, and is now branded as BDO as its new identity as part of the new Banco de Oro Unibank, Inc. Equitable PCI Bank history The shares of the Lopez and Gokongwei families were sold to the SSS and GSIS, which acquired 78% of PCI Bank shares that were bought by the Go-Led Equitable Banking Corporation. They merged in 1999 and were approved by the Bangko Sentral and other agencies that had created the third largest Philippine bank, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
