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Equitable PCI Bank, Inc. (PSE: EPCI) 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.
Jan 2, 2024 · Equitable PCI was, itself, the product of a merger between Equitable Banking Corporation and Philippine Commercial International Bank (PCI Bank) in 1999. BDO’s merger with Equitable PCI made headlines not just in the Philippines but internationally for a couple of reasons.
The Banco de Oro-Equitable PCI Bank merger (2004–2006) was a plan by the SM Group of Companies and Banco de Oro Universal Bank, the then fifth-largest bank in the Philippines, to merge with Equitable PCI Bank, the third-largest bank.
Nov 6, 2006 · Banco de Oro Universal Bank, a unit of SM Investments Inc., said Monday it will pursue a merger with Equitable PCI Bank, Inc., a transaction that will create the country's second-largest lender by assets, with a market capitalization of about $2 billion.
The BDO Equitable PCI Merger - CNBC speaks to Teresita Sy-Coson about her role in the Philippines bank merger and whether she would have done it different.Su...
The current bank is the product of the Banco de Oro–Equitable PCI Bank merger. The boards of both banks agreed to merge on December 27, 2006. The new BDO Unibank retained the ticker symbol of the old Banco de Oro, and 1.3 billion BDO shares were issued in exchange for 727 million Equitable PCI Bank shares.
Jan 7, 2006 · Banco de Oro Universal Bank (BDO), the banking flagship of the SM Group of retail tycoon Henry Sy, has offered to buy out Equitable PCI Bank through a share swap worth about P41.3 billion,...
