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Banco De Oro Universal Bank
BDO Unibank, Inc., commonly known as Banco de Oro (BDO), is a Philippine banking company based in Mandaluyong, the Philippines. BDO Unibank is a member of the SM Group and so can be found at SM Malls throughout the country. BDO is the largest bank in the Philippines by total assets, and 15th largest in Southeast Asia by total assets, as of March 31, 2016. It is the largest bank in the country by market capitalization, and has the largest distribution network with over 1,300 operating branches and more than 4,000 ATMs nationwide. BDO is a full-service universal bank. It provides products and services to the retail and corporate markets, including lending (corporate, middle market, SME, and consumer), deposit-taking, foreign exchange, brokering, trust and investments, credit cards, corporate cash management and remittances. Through its subsidiaries, the bank offers leasing and financing, investment banking, private banking, bancassurance, insurance brokerage and stockbrokerag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BDO Corporate Center Ortigas
The BDO Corporate Center Ortigas is an office skyscraper in the Ortigas Center, Mandaluyong, Philippines, serving as the headquarters of Banco de Oro (BDO). Located along ADB Avenue, it is one of the tallest buildings in Ortigas Center standing at almost . Architecture and design The BDO Corporate Center designed by the architectural firms Arquitectonica and FSL & Associates, Co. The firm designed the BDO Corporate Center attained it Gold LEED certification for the building. Double glazed curtain walls, with ceramic frit are among the prominent features of the building. The 47-storey building was built on top of an already existing shopping mall building of The Podium. Construction The construction of the BDO Corporate Center commenced in the first half of 2012. Initially the building was planned to be completed by the first quarter of 2015 but the building was completed in November 2015. About was the estimated cost for the construction of the building. Tenants The buildin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Universal Bank
A universal bank is a type of bank which participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance. These are also called full-service financial firms, although there can also be full-service investment banks which provide wealth and asset management, trading, underwriting, researching as well as financial advisory. The concept is most relevant in the United Kingdom and the United States, where historically there was a distinction drawn between pure investment banks and commercial banks. In the US, this was a result of the Glass–Steagall Act of 1933. In both countries, however, since the 1980s the regulatory barrier to the combination of investment banks and commercial banks has largely been removed, and a number of universal banks have emerged in both jurisdictions. In other countries, the concept is less relevant as there was no regulatory distinction between inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. The total capitalization of stock markets or eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SM Malls
SM Supermalls, or simply SM, is a chain of shopping malls owned by the Philippines-based SM Prime. , it has a total of 96 malls (88 in the Philippines and 8 in China). It also has 9 malls under construction (7 in the Philippines and 2 in China). It was formerly known as Shoemart. History SM Supermalls was pioneered by Henry Sy, a Chinese-Filipino businessman whose roots traces back to Fujian. Sy opened his first shoe store in Quiapo in 1948 and later the first store under the Shoemart (SM) name in 1958 along Carriedo. In 1972, Shoemart turned into a full-line department store. In 1985, the company ventured into the supermarket and home appliance store business. It opened the first "Supermall" in the same year named SM North EDSA in Quezon City. SM expanded abroad with the opening of its first branch in China in 2001. The mall is SM City Xiamen in Fujian. Due to the COVID-19 pandemic, the company's revenue was down nearly 50% in 2020, though it claims to have maintained a he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SM Investments Corporation
SM Investments Corporation (SMIC), also known as SM Group, is a Filipino conglomerate with interests in various sectors, mostly in shopping mall development and management, retail, real estate development, banking, and tourism. Founded by Henry Sy, it has become one of the largest conglomerates in the Philippines, being the country's dominant player in retail with 208 stores nationwide. Of these, 47 are SM Department Stores; 38 are SM Supermarkets; 37 are SM Hypermarkets, and 86 are SaveMore branches. It is the largest company in the Philippines in terms of market capitalization, and has repeatedly ranked as the top Philippine company in the Forbes Global 2000. History In 1958, Henry Sy Sr. started his first company, ShoeMart (SM), a small shoe store in Carriedo, Manila, Philippines. He initially focused on buying large supplies of shoes from the United States. His business expanded as he transformed his shoe store into a department store. At this point, Sy set up his seco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Commercial News
The ''Chinese Commercial News'' (, lit. "Philippine Commercial News"), colloquially called the ''Commercial News'' or ''Siong Po'' ( in Hokkien), is a daily broadsheet newspaper in the Philippines written in the Chinese language. Although it is not the Philippines' first Chinese-language newspaper, it is the Philippines' oldest existing Chinese-language newspaper, and the country's third-oldest existing newspaper overall. History 1919 Establishment The ''Chinese Commercial News'' was founded in October 1919 as the ''Huachiao Commercial News'' (), a monthly newsletter for the Manila Chinese Chamber of Commerce, then headed by Dee Cheng Chuan, with Yu Yi Tung (于以同) as the newspaper's first editor. The newspaper was founded because in the aftermath of World War I, the Philippines, then a colony of the United States, experienced rapid economic growth, which precipitated the need for a newspaper which would monitor the country's latest business developments for the large Chine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mandarin Chinese
Mandarin ( ; zh, s=, t=, p=Guānhuà, l=Mandarin (bureaucrat), officials' speech) is the largest branch of the Sinitic languages. Mandarin varieties are spoken by 70 percent of all Chinese speakers over a large geographical area that stretches from Yunnan in the southwest to Xinjiang in the northwest and Heilongjiang in the northeast. Its spread is generally attributed to the greater ease of travel and communication in the North China Plain compared to the more mountainous south, combined with the relatively recent spread of Mandarin to frontier areas. Many varieties of Mandarin, such as Southwestern Mandarin, those of the Southwest (including Sichuanese dialects, Sichuanese) and the Lower Yangtze Mandarin, Lower Yangtze, are not mutually intelligible with the Beijing dialect (or are only partially intelligible). Nevertheless, Mandarin as a group is often placed first in lists of languages by number of native speakers (with nearly one billion). Because Mandarin originated in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Hokkien
Philippine Hokkien is a dialect of the Hokkien language of the Southern Min branch of Min Chinese descended directly from Old Chinese of the Sinitic languages, Sinitic family, primarily spoken vernacularly by Chinese Filipinos in the Philippines, where it serves as the local Chinese language, Chinese ''lingua franca'' within the overseas Chinese community in the Philippines and acts as the heritage language of a majority of Chinese Filipinos. Despite currently acting mostly as an oral language, Hokkien as spoken in the Philippines did indeed historically have a written language and is actually one of the earliest sources for written Hokkien using both Chinese characters (traditionally via Classical Chinese () worded from and read in Hokkien) as early as around 1587 or 1593 through the ''Doctrina Christiana, Doctrina Christiana en letra y lengua china'' and using the Latin script as early as the 1590s in the Boxer Codex and was actually the earliest to systematically Romanization, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automated Teller Machine
An automated teller machine (ATM) is an electronic telecommunications device that enables customers of financial institutions to perform financial transactions, such as cash withdrawals, deposits, funds transfers, balance inquiries or account information inquiries, at any time and without the need for direct interaction with bank staff. ATMs are known by a variety of other names, including automatic teller machines (ATMs) in the United States (sometimes RAS syndrome, redundantly as "ATM machine"). In Canada, the term automated banking machine (ABM) is also used, although ATM is also very commonly used in Canada, with many Canadian organizations using ATM rather than ABM. In British English, the terms cashpoint, cash machine and hole in the wall are also used. ATMs that are Independent ATM deployer, not operated by a financial institution are known as "White-label ABMs, white-label" ATMs. Using an ATM, customers can access their bank deposit or credit accounts in order to make ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Branch (banking)
A branch, banking center or financial center is a retail location where a bank, credit union, or other financial institution (including a broker, brokerage firm) offers a wide array of Real life, face-to-face and automated services to its customers. History and description During the 3rd century banks in Persia (now Iran) and in other territories started to issue letters of credit known as Sakks, basically cheque, checks in today’s language, that could be traded in cooperative houses or offices throughout the Persian territories. In the period from 1100-1300 banking started to expand across Europe and banks began opening ‘branches’ in remote, foreign locations to support international trade. In 1327, Avignon which is located in France had 43 branches of Italian banking houses alone. The practice of opening satellite branches was popularized in the early 20th century by Amadeo Giannini, then head of the Bank of America. Historically, branches were housed in imposing build ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippines
The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a total area of roughly 300,000 square kilometers, which are broadly categorized in Island groups of the Philippines, three main geographical divisions from north to south: Luzon, Visayas, and Mindanao. With a population of over 110 million, it is the world's List of countries and dependencies by population, twelfth-most-populous country. The Philippines is bounded by the South China Sea to the west, the Philippine Sea to the east, and the Celebes Sea to the south. It shares maritime borders with Taiwan to the north, Japan to the northeast, Palau to the east and southeast, Indonesia to the south, Malaysia to the southwest, Vietnam to the west, and China to the northwest. It has Ethnic groups in the Philippines, diverse ethnicities and Culture o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
