Monday, 30 July 2007 07:19
 Philippine Savings Bank (PSBank) is engaged in the general business of savings and mortgage banking. The Company is a subsidiary of Metrobank. During the year ended December 31, 2006, it maintained its existing branches and additional five automated teller machines (ATMs) were procured, bringing the total ATMs to 152 nationwide. It has three business segments: Consumer Banking, Corporate Banking and Treasury. Consumer Banking handles individual customers' deposits and provides consumer type loans and other products and services. Corporate Banking handles loans and other credit facilities and deposit accounts for corporate and institutional customers. Treasury is involved in providing money market, trading and treasury services, as well as the management of the bank's funding operations by use of treasury bills, government securities and placements and acceptances with other banks, through treasury.
Last Updated ( Monday, 30 July 2007 07:21 )
Saturday, 28 July 2007 07:23
Citystate Savings Bank, Inc. (CSBI) is a thrift bank. Aside from the traditional products and services offered by a thrift bank, CSBI offers a range of banking services, such as but not limited to deposit products and services, cash management, onsite/offsite automated teller machine (ATM) facilities, corporate and retail banking, and treasury services. These products and services are marketed bankwide through its 15 branches/offices established mostly in Metro Manila and some in provincial branches. The bank caters to the needs of corporate, middle market and retail clients. In its credit and financing business, the bank provides a venue for consumer/personal loans by accepting jewelry for instant cash loans, aside from its own lending activities of servicing commercial loans, real estate and development loans, auto loan financing, salary loans, agricultural loans and a host of other financial services.
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Saturday, 28 July 2007 07:18
Banco de Oro Universal Bank (the Bank) provides a range of corporate, commercial, retail and investment banking services in the Philippines. These services include traditional loan and deposit products, as well as treasury, trust, cash management, insurance and credit card services. The Bank's principal markets are a select niche in the corporate market, the middle-market banking segment (consisting of mid-sized corporations), the small- and medium-sized enterprise market and the retail/consumer market. The Bank has branches in Metro Manila, northern and southern Luzon, Metro Cebu, Iloilo-Bacolod and Mindanao. The Bank had 230 branches nationwide, complemented by a network of 552 automated teller machines as of December 31, 2006. Banco de Oro's subsidiaries are BDO Capital & Investment Corporation, BDO Financial Services, Inc., BDO Insurance Brokers, Inc., BDO Realty Corporation, BDO PrivateBank, Inc., BDO Securities Corporation, BDO Remittance, Ltd. and Onshore Strategic Assets, Inc.
Saturday, 28 July 2007 06:21
United Overseas Bank Limited (UOB) is a Singapore-based bank that has a network of 500 offices in 18 countries and territories in Asia-Pacific, Western Europe and North America. The Company operates in five segments: Personal Financial Services, Institutional Financial Services, Global Treasury, Asset Management and Other. Besides Far Eastern Bank in Singapore, UOB's banking subsidiaries include United Overseas Bank (Malaysia), United Overseas Bank (Thai), PT Bank UOB Indonesia, PT Bank UOB Buana and United Overseas Bank Philippines. UOB provides a range of financial services through its global network of branches/offices and subsidiaries/associates, personal financial services, private banking, trust services, investment banking, corporate finance, capital market activities, treasury services, futures broking, asset management, general insurance, life assurance and stockbroking services. As of December 12, 2006, UOB held approximately 19.61% interest in Jasper Investments Limited. United Overseas Bank Limited (UOB) was founded on 6 August 1935 by Sarawak-born Datuk Wee Kheng Chiang – father of the present UOB Group Chairman, Mr Wee Cho Yaw – and a group of Chinese businessmen. Since then, UOB has grown from strength to strength. It is today a leading bank in Singapore and a dominant player in Asia-Pacific. As at 31 December 2006, the UOB Group had total assets of S$161.3 billion and shareholders' equity of S$16.8 billion. It also achieved a record net profit after tax of S$2.6 billion in 2006 and its ROE stood at 17.0%. For updates, view our financial results.
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There is no stopping foreign fund managers from withdrawing more portfolio investments in the Philippines, reaching $6 billion on gross basis from January 1 up to July 18, data from the Bangko Sentral ng Pilipinas (BSP) show.
