Equitable PCI Bank
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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. It was known for a wide range of services from savings to insurance and, through its wholly owned subsidiary Equitable Card Network, was the largest Philippine credit card issuer. The bank merged with Banco de Oro Universal Bank in early 2007, and is now branded as BDO as its new identity as part of the new Banco de Oro Unibank, Inc.
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Not to be confused with Equitable Bank.
Quick Facts Company type, Industry ...
Company type | Public (PSE: EPCI) |
---|---|
Industry | Finance and Insurance |
Predecessor | Equitable Bank PCI Bank |
Founded | July 8, 1938; 85 years ago (1938-07-08) as PCI Bank June 17, 1950; 73 years ago (1950-06-17) as Equitable Bank May 1999; 24 years ago (1999-05) as Equitable PCI Bank |
Defunct | May 31, 2007; 16 years ago (2007-05-31) |
Fate | Merged into Banco de Oro in 2007 and assumed the Banco de Oro name |
Successor | BDO |
Headquarters | Makati, Philippines |
Key people | Go Kim Pah (founder, Equitable Banking Corporation) Antonio L. Go (former Chairman) Rene J. Buenaventura (former President and CEO) Eugenio Lopez Jr. (Chairman, PCIBank) John Gokongwei Jr. (Vice Chairman, PCIBank) Rafael B. Buenaventura, (President and CEO, PCIBank) |
Products | Financial services |
Number of employees | unknown |
Website | https://web.archive.org/web/20070927212448/http://www.equitablepcib.com/ net_income = P2.65 billion PHP (2005) |
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