|Al-Amanah Islamic Bank traces its roots to the Philippine Amanah Bank, established by President Ferdinand Marcos in 1973 by virtue of Presidential Decree No. 264, with an initial capital of 100 million pesos. Its charter originally allowed it to open in the provinces of Basilan, Cotabato, Lanao del Norte, Lanao del Sur, Palawan, Sulu, Tawi-Tawi, Zamboanga del Norte and Zamboanga del Sur, where there are large, if not predominant, Muslim populations. Its charter was amended in 1974, allowing it to open branches in Maguindanao and Sultan Kudarat.
In 1989, the bank was re-chartered and re-capitalized pursuant to Republic Act No. 6848, and was subsequently renamed the Al-Amanah Islamic Investment Bank of the Philippines, with a capital of one billion pesos.
The bank was sold to another government-owned bank, the Development Bank of the Philippines, in 2008.
|Allied Bank was incorporated on April 1, 1977 and was granted by the Central Bank of the Philippines the Certificate of Authority to operate as a commercial bank on May 20, 1977. Allied Bank operates a total of 283 domestic branches or offices, including its subsidiaries Allied Savings Bank (20 branches), Allied Leasing and Finance Corporation, and the PNB Life Insurance, Inc.|
|Asia United Bank (AUB) is a domestic commercial bank with headquarters and main branch located at Parc Royale Condominium, Doña Julia Vargas Avenue, Ortigas Center, Pasig City. On September 03, 1997, the Bank was granted the requisite licenses by the Monetary Board of the Bangko Sentral ng Pilipinas to operate as a commercial bank and commenced operations on October 31, 1997.
AUB is a joint venture between a consortium of reputable and successful Filipino industrialists and Taiwanese investment banks. Both groups share a common commitment of delivering superior and efficient financial services to the local communities as well as the business sector. To facilitate the achievement of such an objective, AUB will soon expand its branch network across the Metro Manila areas and nearby provinces.
|Banco De Oro Unibank (BDO) today represents a firm consolidation of
distinct strengths and advantages built over the years by the entities
behind its history. More importantly, BDO is an institution that does
more than honor its past; it continues to improve on its present, and
moves with innovation and dynamism toward an even stronger future.
|Banco Filipino is a bank in the Philippines. It is also known for property developments such as BF Homes, subdivisions in Parañaque City, Quezon City and Las Pinas City.
|Bank of the Philippine Islands is the oldest bank in the Philippines and is the country's third largest bank in the country in terms of assets, the country's largest bank in terms of market capitalization, and the country's most profitable bank. It is owned by the Ayala Corporation - the largest conglomerate in the Philippines, and is based in Makati City's Central Business District, on the corner of Ayala Avenue and Paseo de Roxas.|
|China Bank's acquisition of Manila Bank in June 2007 brought to it the advantages of having a savings bank subsidiary (lower rediscounting facility rates and reserve requirements) and a lynchpin to achieving its aggressive expansion plan that calls for a doubling of its total branch network to 300 in its new three-year plan ending in 2010.
Manila Bank's existing 26 branches (apart from the Main branch) have been successfully added to China Bank, bringing its network to 205 at the end of the 1st quarter of 2008.
Following the completion of the acquisition, China Bank secured approval from both the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) to rename Manila Bank into ChinaBank Savings to better reflect its ownership and pedigree as a subsidiary of China Bank. The new name was unveiled on September 8, 2008 at the Main branch along Ayala Avenue, thereby bringing the Bank a cornerstone presence along the country's main business corridor and boosting its competitive abilities in the exciting retail banking market.
|China Bank was founded in 1920 by Dr. Albino Z. Sycip and Dee C. Chuan along with other leading industrialists and businessmen. China Bank is the first privately-owned commercial bank in the Philippines with close to 230 branches and over 3,800 employees. It is cited as one of the top 100 ASEAN companies in creating wealth for its shareholders.|
|Chinatrust (Philippines) Commercial Bank Corporation is a subsidiary of Chinatrust Commercial Bank (CTCB), one of the 200 biggest banks in the world in terms of capital and the most awarded banking institution in Taiwan. Its asset size is over US$50 billion at the end of June, 2009 and it enjoys a credit rating unmatched by any local Philippine bank—A2 from Moody's, A- from Standard and Poor's, and A from Fitch.
The Philippine subsidiary was organized in 1995 and is listed in the Philippine Stock Exchange. It actively provides financial services to both local and foreign companies in the Philippines, aside from extensively serving the needs of the middle-income consumers. It is also one of the leading players in the local bond markets, dealing in both sovereign and corporate bonds, and is consistently cited as one of the top 10 Government Securities Dealers by the Bureau of Treasury.
CCB is part of the Chinatrust Financial Holdings Group chaired by Dr. Jeffrey L. S. Koo who is also the Honorary Chairman of the Board of Directors of Chinatrust Philippines. In addition to its 140 business offices in Taiwan, it has an overseas network consisting of offices in Japan, Hong Kong, India, Vietnam, Thailand, China, Indonesia, the United Kingdom, Paraguay, Canada, and the United States. In the Philippines, Chinatrust operates 23 branches at major business districts and economic zones.
|Citibank Citigroup, the pre-eminent global financial services company with some 200 million customer accounts in more than 100 countries, provides consumers, corporations, governments, and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage and asset management.
Now on its 107th year in the Philippines, Citi has played a pivotal role in shaping the financial infrastructure and development of the country. Citi continues to be firmly entrenched in the country as the lead innovator in the Philippine banking community, fully embedded across all customer segments and product offerings.
|The Development Bank of the Philippines, commonly known by its initials, DBP, is a state-owned development bank in Makati City, Philippines.
It is the seventh-largest bank in the Philippines in terms of assets, and is the second-largest government-owned bank, next only to Landbank. It is also one of the largest government-owned and controlled corporations (GOCCs) in the Philippines.
|EastWest Bank became the 34th commercial bank in the country when the Bangko Sentral ng Pilipinas granted it an authority to operate as a commercial bank on July 6, 1994 - the first commercial banking license issued in over 20 years. EastWest Bank's establishment is a solid testimonial of the government's policy on bank liberalization allowing greater participation of investors in the thriving financial market. Filled with desire and optimism to make a difference in the lives of the Filipinos, EastWest Bank formally opened its doors to the public on August 1, 1994.
|HSBC Holdings plc is a United Kingdom-based public limited company incorporated in England in 1990, and headquartered in London since 1993. As of 2009, it is both the world's largest banking group and the world's 6th largest company according to a composite measure by Forbes magazine. Hong Kong served as the bank's headquarters until 1992 when it moved to London as a condition of completing the acquisition of Midland Bank and as the handover of Hong Kong's sovereignty approached. Today, whilst no single geographical area dominates the group's earnings, Hong Kong still continues to be a significant source of its income. Recent acquisitions and expansion in China are returning HSBC to part of its roots. HSBC has an enormous operational base in Asia and significant lending, investment, and insurance activities around the world. The company has a global reach and financial fundamentals matched by few other banking or financial multinationals.
HSBC is listed on the London, New York City, Hong Kong, Paris and Bermuda Stock Exchanges, and is a constituent of the FTSE 100 Index and the Hang Seng Index.
|Land Bank of the Philippines, also known as LANDBANK or by its initials, LBP, is a bank in the Philippines owned by the Philippine government with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank, it is officially classified as a "specialized government bank" with a universal banking license.
LANDBANK is the fourth largest bank in the Philippines in terms of assets and is the largest government-owned bank. It is also one of the biggest government-owned and controlled corporations in the Philippines.
Unlike most Philippine banks, LANDBANK has an extensive rural branch network. It services many rural sector clients in areas where banking is either limited to rural banks or is non-existent.
|Malayan Bank is a savings and mortgage bank, which was granted authority to operate by the Bangko Sentral ng Pilipinas (the central monetary authority of the Philippines) in June 1996. It formally joined forces with the banking industry as it opened its doors on July 1, 1996 offering a wide array of product lines and services that cater to the rising needs of the banking public. The bank is a joint undertaking of Majalco, Inc., a real estate company established in the 1960s, and other distinguished corporate personalities, foremost of which are the principal shareholders of GMA Network, Inc., a leading broadcasting network in the Philippines, and Liberty Flourmills Corp., a conglomerate in flour milling. Malayan Bank started the year 2008 with an addition to its roster of distinguished shareholders - LINQ Information Entertainment Quadrant Corp. LINQ is a private equity group focusing on strategic investments and strategic alliances in the New Media, Digital Media, and Emerging Media space in the Asia-Pacific region. Its proponents include the principal shareholders of the Inquirer Group, the country's biggest and most influential broadsheet, and the Print Town Group. The bank envisions to be a leading thrift bank, among the top choices of its markets, ranking within the top 10 of the Savings and Mortgage Banking Industry. It is committed to its prudent banking and investment policies ensuring that the bank's primary thrust of providing its clients with YSL - yield, security, and liquidity- is sustained. It is committed to the stability and security of its stockholders' investment that it aims to provide them a fair return on their investment. It provides its employees with the suitable environment and a fair reward system necessary to develop skill, capabilities and proper attitude towards valuable professional growth and a strong commitment to the institution.
|Maybank, a trade name for Malayan Banking Berhad is the largest bank and financial group in Malaysia, with significant banking operations in Singapore, Indonesia and the Philippines. The bank also has large interests in Islamic banking through Maybank Islamic Bank and insurance via its Etiqa subsidiary. Maybank is the largest bank in Malaysia with 374 domestic branches and 90 international branches and offices. Maybank is the second largest listed company on the Malaysian Stock Exchange, Bursa Malaysia, with a market capitalisation of over RM30 billion as of mid-April 2009.
In 2008, Maybank completed the acquisition of 15% in An Binh Bank (Vietnam), 20% of Muslim Commercial Bank of Pakistan and 97.5% of Bank Internasional Indonesia (BII). In addition, Maybank won for the second year Malaysia's Most Valuable Brand (worth RM9.3 billion), and Deal of the Year - Insolvency & Restructuring Deal of the Year at the 2008 ALB SE Asia Law Awards.
|The Metropolitan Bank and Trust Company, commonly known as Metrobank was incorporated on September 5, 1962 in the Philippines and it acquired its universal banking license in August 1981. Metrobank is the second largest bank in the Philippines and has a diverse offering of financial services, from regular banking to insurance.|
|The Philippine Bank of Communications, more commonly known as PBCom, is one of the largest commercial banks in the Philippines, ranking nineteenth in terms of assets. The bank is also known for its towering headquarters, PBCom Tower, the tallest building in the Philippines, located in Makati City.
|Philam Savings Bank is a strategic partnership between Philamlife & AIG Consumer Finance Group. Aside from its core products, Philam Savings Bank offers AIG Preferred Banking facilities for high net worth individuals & the Philam Auto Loan, one of the leading car finance programs in the market.
|The Philippine Veterans Bank, also known by its acronym, PVB, is a medium-sized commercial bank in the Philippines. PVB is owned by Philippine World War II war veterans and their families and caters to both corporate & retail financial markets. As part of its charter, PVB provides 20% of its annual net income for the benefit of its shareholders.
Since reopening in 1992, PVB has enjoyed profitability and success even with its conservative investment stance. With its recapitalization, the original two shares of each veteran grew to 54 common and 10 preferred shares now with a combined value of P6,400. PVB also embarked on goodwill programs for World War II veterans such as free medical care. It also puts preference to veterans in banking transactions and puts preference to their descendants in hiring bank personnel.
Today, PVB is ranked 18th among the Philippines' 40 commercial banks, up two notches from its 20th ranking at the end of 2008. As of the end of September 2009, PVB's total assets stood at P53.67 billion, and P4.67 billion in capitalization, continuing the trend of growth and profitability in recent years. Its capital adequacy ratio, a measure of banks to shoulder risks, was at 19.76%, one of the highest in the industry and way above the Bangko Sentral ng Pilipinas requirement of 10%. PVB currently employs about 700 officers and rank-and-file employees.
It now has 60 branches in key cities and municipalities nationwide, with the last 10 branches opening simultaneously in January 2010. The bank hopes to open several more branches this year to give World War II veterans and its other clients easier access and convenience to its products and services.
|The Philippine National Bank is one of the largest banks in the Philippines, ranking fourth in terms of assets. It was established by the Philippine government on July 22, 1916, during the American colonial period, and became the first universal bank in the Philippines in 1980. It was privatized in 1989. PNB currently has over 100 branches throughout Asia, Europe, the Middle East and North America.
|Rizal Commercial Banking Corporation (RCBC) is the Philippines' fifth largest private domestic commercial bank with total consolidated assets of about PhP 239 billion as of end of December 2007. RCBC opened for business as a small development bank in 1960, then went through rapid expansion to become the preferred banker to a wide range of markets: the Filipino-Chinese market, the corporate market, locators in the export processing zones, the middle market, and the consumer or retail market.|
|Security Bank was established on June 18, 1951, and has established itself as one of the Philippines' most stable and best managed financial institution, with more than five decades of corporate success. Security Bank stands firm on a solid reputation as one of the Philippines' top ten private domestic universal banks in terms of assets, deposits, capital and return on equity.|
|Sterling Bank of Asia is a savings bank established in February, 2007 by successful businessmen and entrepreneurs and run by seasoned professional bankers to offer world-class and professional level of service. In all its business lines, Sterling Bank aims to customize solutions and execute these with the highest service levels
|UCPB is a leading provider of financial products and services to corporations, middle market companies, and individuals in the Philippines. It offers deposit and cash management services; trust and fund management services, treasury and money market investment services; corporate commercial, consumer and trade credit facilities; and international and investment banking services.|
|Union Bank of the Philippines more commonly known as UnionBank, is one of the largest banks in the Philippines, ranking seventh in terms of assets after its successful merger with smaller competitor International Exchange Bank.|
UnionBank is a Philippine universal bank. Today multiple channels are available for transaction and information access: nationwide branch network, on-site and off-site automated teller machines, a call center and Internet bank. In strategic business, the bank is a provider of corporate cash management & B2B solutions to leading local and multinational companies operating in the country. Its other lines of business are in Treasury services & capital markets, Internet banking, consumer finance and distribution network. UnionBank is a partnership among the Aboitiz Group, Insular Life and Social Security System. It started operations in 1981 and became a commercial bank on January 19, 1982. In July 1992, UnionBank was granted the license to operate as a universal bank.