Banco de Oro Services and Financial Information

Banco de Oro offers a wide range of services to cater to the diverse needs of its clients.

The bank provides various deposit accounts, including savings, time deposit, and checking accounts, which allow clients to manage their finances effectively.

With over 800 branches and 3,000 ATMs across the Philippines, Banco de Oro ensures that its clients have easy access to their funds and banking services.

Banco de Oro also offers a mobile banking app that allows clients to check their account balances, pay bills, and transfer funds on the go.

Banco de Oro is a leading bank in the Philippines, and understanding its financial information is crucial for anyone looking to bank with them.

The bank offers a wide range of services, including savings accounts, time deposits, and loans.

BDO Unibank, the bank's parent company, has a market capitalization of over PHP 500 billion.

Banco de Oro's financial performance is strong, with a net income of PHP 21.6 billion in 2020.

The bank has a significant presence in the Philippines, with over 900 branches and 3,500 ATMs.

BDO Unibank's assets under management have consistently grown over the years, reaching PHP 2.4 trillion in 2020.

Unibank Inc is the parent company of Banco de Oro, with its headquarters located at BDO Corporate Center 7899 Makati Avenue, 0726, Makati City. The company's contact number is +63 2 8840 7000.

The ownership structure of Unibank Inc includes various stakeholders, with SM Investments Corporation holding the largest percentage of shares at 47.31%. Other notable shareholders include Sybase Equity Investment Corp. and SM Prime Holdings, Inc.

Here is a breakdown of the top shareholders of Unibank Inc:

As we dive into the financials of Unibank Inc, let's take a closer look at their distribution of sales by activity. According to the company's reports, commercial banking has been a significant contributor to their revenue, with sales reaching 243 million in 2023.

The company's commercial banking segment has shown steady growth over the years, increasing from 139 million in 2020 to 243 million in 2023. This is a notable increase of 74% over the three-year period.

Here's a breakdown of Unibank Inc's sales by activity:

As we can see from the table, commercial banking remains the largest contributor to Unibank Inc's revenue, followed closely by the insurance segment.

Unibank Inc is a Filipino bank that has been around since 1968. It was founded by a group of Filipino entrepreneurs. The bank's main office is located in Makati City, Philippines.

The bank's corporate center is located at 7899 Makati Avenue, Makati City, Philippines. You can contact them at +63 2 8840 7000.

Unibank Inc is listed on the Philippine Stock Exchange (PSE). One of the largest shareholders of the bank is SM Investments Corporation, which owns 24% of the bank's shares.

Here's a list of some of the bank's subsidiaries:

Unibank Inc has a diverse board of directors, with members such as Nestor Tan, Teresita Sy-Coson, and Josefina Tan. The bank's president is Teresita Sy-Coson, who has been in the position since 2010.

The bank's shares are traded under the ticker symbol BDO. If you're looking to transfer money internationally to a BDO Unibank account, you'll need to provide a BIC/Swift code, among other details.

BDO Unibank was established on January 2, 1968 as Acme Savings Bank. It was a small thrift bank with just two branches.

The bank was acquired by the SM Group in November 1976 and renamed Banco de Oro Savings and Mortgage Bank. This marked the beginning of the bank's growth.

In December 1994, BDO became a commercial bank and was renamed Banco de Oro Commercial Bank. The following year, it became a universal bank.

BDO Unibank eventually became involved in insurance services in 1997 by establishing a subsidiary called BDO Insurance Brokers.

Banco de Oro is based in Makati City, Manila. I've had the chance to visit Makati City, and it's a bustling hub of activity with a rich history. Banco de Oro has a long history that spans many years. Its roots date back to 1966.

BDO Unibank has a rich history that spans over five decades. It was established on January 2, 1968, as Acme Savings Bank with just two branches.

Acme Savings Bank was acquired by the SM Group in November 1976 and renamed Banco de Oro Savings and Mortgage Bank. The SM Group is owned by retail magnate Henry Sy.

BDO became a commercial bank in December 1994 and was renamed Banco de Oro Commercial Bank. This marked a significant milestone in the bank's evolution.

BDO became a universal bank in September 1996, leading to the name change to Banco de Oro Universal Bank, or BDO Unibank. This expansion enabled the bank to offer a wider range of services.

BDO Unibank ventured into insurance services in 1997 by establishing a subsidiary called BDO Insurance Brokers.

The merger with Equitable PCI Bank was a significant event in the bank's history. It happened on December 27, 2006, when the boards of both banks agreed to merge.

The new entity retained the ticker symbol of the old Banco de Oro. 1.3 billion BDO shares were issued in exchange for 727 million Equitable PCI Bank shares.

Equitable PCI Bank was de-listed on June 4, 2007. The entity was initially known as Banco de Oro-EPCI, Inc.

The bank announced that it would go by the name Banco de Oro Unibank, Inc. starting February 2007.

Santander Philippines was acquired by BDO Unibank in August 2003, allowing BDO to expand its services to the private banking and modern affluent market segment.

This acquisition enabled BDO to penetrate key areas within its network, ultimately creating a fully owned subsidiary called BDO Private Bank.

BDO Private Bank aimed to service the financial and investment needs of its clients, complementing the services offered by BDO Unibank.

By doing so, BDO Unibank Group could cater to a broader range of clients, solidifying its position in the market.

Banco de Oro offers a range of bank services that cater to various customer needs.

Their online banking platform allows customers to check their account balances, pay bills, and transfer funds with ease. This feature is available 24/7, making it convenient for customers to manage their finances at their own pace.

BDO's mobile banking app also provides customers with the ability to perform banking transactions on-the-go.

Enrico Hernandez is the Senior Vice President - Information Technology of Banco de Oro.

When it comes to the number of employees at banks, it's interesting to note that Banco de Oro has a significant workforce. 9,921 people are employed at Banco de Oro.

Some banks have a more extensive network of branches than others, but Banco de Oro has a notable presence in the Philippines. Banco de Oro has a large number of branches across the country.

In terms of employee numbers, Banco de Oro's workforce is substantial, with over 9,000 people working for the bank.

1st e-Bank was the first e-bank in the Philippines, marking a significant shift in the country's banking landscape.

It was sold in September 2002 by Metro Pacific Corporation to BDO Unibank, which later acquired and merged the bank in October of the same year.

The acquisition increased BDO Unibank's number of branches to 177, a significant expansion of its network.

In 2017, the partnership between 1st e-Bank and Smart Communications for the Smart Money Mastercard debit card issuer came to an end.

Deutsche Bank Philippines is a notable example of a bank that has had a presence in the country. It was acquired by BDO Unibank in 2014.

BDO Unibank is a bank that has been around since 1968. It's one of the banks of the Philippines that's listed on the Philippine Stock Exchange.

The bank is also a company based in Mandaluyong. It's one of the multinational companies headquartered in the Philippines.

Some notable characteristics of BDO Unibank include being listed on the Philippine Stock Exchange and being part of the SM Investments conglomerate.

BDO was the first local bank in the country to roll out a debit card with an EMV chip embedded on it.

The EMV chipping system enhances the security of debit card holders, similar to credit cards.

BDO released these EMV debit cards in 2016.

In 2017, they introduced the EMV Visa Debit Card, expanding their EMV offerings.

These EMV cards provide an added layer of security for debit card holders.