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MAJOR

FINANCIAL
INSTITUTIONS
IN THE
A PENNY SAVED IS A PENNY
EARNED
PHILIPPINES
(Benjamin Franklin) Submitted by:
Roxan G. Benlot
BSEd II—Social Studies
It is one of the Philippines' leading
universal banks serving retail,
commercial, corporate and
institutional clients.

It is the first foreign bank in the


Philippines that was established
in 1872.

It is originally known as Union Savings


and Mortgage Bank and operates as a
universal bank through its
universal banking license.

Provides commercial banking services.


The Bank offers deposit, cash, trust, and
fund management services, as well as
treasury, money market investment
services and investment banking services.
Provides commercial banking Provides banking facilities at
services. Its services include deposits, reasonable terms to Muslim
loans and trade facilities, treasury and
provinces of Mindanao.
foreign exchange activities, and trust
services.

Allied Banking Corporation products


and services include deposit taking,
One of the largest banks in the
lending and related services,
country with a wide array of
domestic and foreign fund transfers,
competitive banking products. treasury, foreign exchange, and trust
services.

Provides a wider range of banking and


The Company offers domestic,
other financial services including
international and trust services. deposit account products, credit and
loan facilities, treasury, international
banking services, and auxiliary services.

It is licensed by the Bangko It provides a complete array of industry-


Sentral ng Pilipinas for leading products and services including
Lending (corporate and consumer),
commercial and investment
Deposit-taking, Foreign Exchange,
banking. Brokering, Trust and Investments, Credit
Cards, Corporate Cash Management and
Remittances in the Philippines.
It provide long-term industrial
A commercial bank and the 15th
largest lender by asset in the and agricultural credit.
Philippines.

It is one of the world’s largest


It is the first bank in both banking and financial services
the Philippines and Southeast organizations that has been doing
Asia. business in the Philippines for
over 137 years.

It was the first privately owned


local commercial bank in the It serve as an instrument for
Philippines initially catering to carrying out part of the country’s
the banking needs of Chinese land reform program.
Filipino business people.

It is the largest foreign commercial It offers commercial and


bank in the Philippines in terms of investment banking
assets, revenues and profitability. services.

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