Search results
Results From The WOW.Com Content Network
Metrobank's joint venture with ANZ was formed in 2003. Since then, MCC has become a leading provider of credit cards in the Philippines, with more than 1.5 million cards based from the data of the Credit Card Association of the Philippines (CCAP). MCC reported total assets of ₱60.4 billion and a return on average equity of 36.3 percent.
The Union Bank of the Philippines, Inc. (PSE: UBP), more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets. [2] UnionBank is a joint consortium among the Aboitiz Group , Insular Life , and Social Security System .
Bank name Assets (millions of PHP) Asset change Rank change 1 Banco de Oro (BDO Unibank) 4,106,716.07: 2 Land Bank of the Philippines (LBP) 3,079,379.17: 3 Metropolitan Bank and Trust Company (Metrobank) 2,835,755.68: 4 Bank of the Philippine Islands (BPI) 2,678,580.37: 5 China Banking Corporation (Chinabank) 1,309,659.31: 6
The transaction included the bank’s credit card, personal loans, wealth management, and retail deposit businesses. The acquisition also included the bank’s real estate assets in Citibank Square in Eastwood, Quezon City, Metro Manila as well as three full service Citibank Philippines branches, five wealth centers and two bank branch lites ...
Acquisition of Standard Chartered Bank Philippines. In 2016, EastWest acquired the retail banking business of Standard Chartered Bank Philippines (SCB PH), which included credit cards, personal loans, wealth management, and retail deposits. SCB PH's retail accounts, personnel, and branches were all transferred to EW on November 27, 2016.
The Philippine Savings Bank (PSE: PSB, Also known in Hokkien Chinese: 全菲儲蓄銀行; Pe̍h-ōe-jī: Choân Hui Thí-thiok Gûn-hâng; & Mandarin simplified Chinese: 全菲储蓄银行; traditional Chinese: 全菲儲蓄銀行; pinyin: Quán Fēi Chúxù Yínháng) (shortened as PSBank or abbreviated as PSB) is a savings bank based in the Philippines.
40 banks. Founded. May 6, 1994. The BancNet (BN) Point-Of-Sale System is a local PIN-based electronic funds transfer (EFTPOS) payments solution operated by BancNet on behalf of the member banks and China UnionPay (CUP). The BN point of sale (POS) System allows merchants to accept the automated teller machine (ATM) cards of any active BancNet ...
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, there were 45 universal and commercial banks, 44 savings banks, 400 rural and cooperative banks, 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ng Pilipinas ...