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The Gokongweis' Robinsons Bank officially merged with the Ayalas' BPI on January 1, 2024. Here's a look back at some other significant mergers and acquisitions in the country’s banking history.
On January 1, 2024, the merger of Robinsons Bank and Bank of the Philippine Islands (BPI) finally became effective, with BPI as the surviving entity. That means that Robinsons Bank of the Gokongwei Group will eventually cease to exist and will be ...
It’s to help improve the company’s revenue.
Philippine National Bank is selling off three prime properties collectively worth almost $1 billion to help reduce low-earning assets and improve revenue.Top Story: Who Are Philip and Small Laude? The bank owned by billionaire Lucio Tan said it is planning ...
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