Banco De Oro

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{{Infobox_Company | company_name = Banco de Oro-EPCI, Inc. | company_logo = ] | company_type = Public company ([Philippine Stock Exchange: [http://www.pse.com.ph/html/ListedCompanies/listedcompanyinfo.jsp?securitySymbol=BDO BDO)| company_slogan = We find ways| foundation = Manila, [Philippines ([)| location = [Mandaluyong City, [Philippines | key_people = Teresita T. Sy, Chairwoman
Nestor V. Tan, President and CEO | num_employees = 4,048| industry = [Finance and Insurance | products = [Financial Services| homepage = http://www.bdo.com.ph www.bdo.com.ph| net_income = P3.18 billion Philippine peso ({{profit-->25%) (1H [) http://www.bdo.com.ph/News/15241.htm --> This article is about the bank after the Banco de Oro-Equitable PCI Bank merger. For the bank before the merger, see Banco de Oro Universal Bank.

Banco de Oro (The new Banco de Oro will retain the ticker symbol of the old Banco de Oro. 1.3 billion BDO shares will be issued in exchange for 727 million Equitable PCI Bank shares, which will be de-listed on June 4, 2007.), formally Banco de Oro-EPCI, Inc. and also known as BDO or BDO-EPCI, is a major bank in the Philippines. It is the second-largest bank in the Philippines in terms of assets and is owned by the SM Group of Companies, one of the country's largest conglomerates and owner of the SM chain of malls. The bank is the product of the Banco de Oro-Equitable PCI Bank merger after the boards of both Banco de Oro Universal Bank and Equitable PCI Bank agreed to merge on December 27, 2006.

Ownership

PCD Nominee Corporation: 51.58% (35.79% foreign, 15.79% Filipino)
SM Investments Corporation: 33.10%
Shoemart: 3.90%
SM Development Corporation: 2.99%
United Overseas Bank: 2.33%
Primebridge Holdings: 2.09%
Others (includes public stock): 4.01%

Competition BDO's main competitors are major Philippine banks like Metropolitan Bank and Trust Company, Bank of the Philippine Islands, Land Bank of the Philippines and Philippine National Bank.

Notes See also

Banco de Oro-Equitable PCI Bank merger
Banco de Oro Universal Bank
Equitable PCI Bank
Expressnet (the BDO ATM network)
List of Philippine companies
Megalink (the BDO ATM network)
SM Group of Companies

External links

Banco de Oro

Banco De Oro
FOREIGN EXCHANGE RATE as of 09:18:01 2008-08-13: Curr: Buy: Sell: US$ 44.2500: 44.7500: AUD: 37.6500: 39.1000: CAD: 40.6200: 42.1600: HKD: 5.5529: 5.7603: GBP: 82.7000: 85.3800 ...

Banco de Oro - Wikipedia, the free encyclopedia
Banco de Oro Unibank, Inc. (PSE: BDO [1]), also known as Banco de Oro and BDO, is a major bank in the Philippines. It is the second-largest bank in the Philippines in terms of ...

Banco de Oro Universal Bank - Wikipedia, the free encyclopedia
Banco de Oro Universal Bank (PSE: BDO), commonly known as Banco de Oro, BDO, or sometimes BDO Unibank, was the fifth-largest bank in the Philippines.

Datamonitor ComputerWire - Banco de Oro Universal Bank - Company News ...
Banco de Oro Universal (BDO) provides corporate, commercial, retail, and investment banking services. It's services include traditional loan and depository services, treasury ...

BDO - Banco de Oro Universal Bank - Google Finance
Get the latest on Banco de Oro Universal Bank (BDO) including up to date news, high quality discussion groups and more on Google Finance.

Moodys.com
You must be logged in to Moodys.com to retrieve the information requested. If you have forgotten your user name or password, click here or contact Moody’s Client ...

Banco De Oro - EPCI

Banco De Oro - EPCI
With the acquisition of PCIBank by Equitable Bank and with the consolidation of the two institutions in due course, the new Bank moves up the system rankings to become the country ...

Banco De Oro - EPCI