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Globe Telecom has also pledged assistance to the central bank on its investigation. [12] On December 14, BDO announced that it is reimbursing funds of around 700 account holders. [13] It was reported that BDO is requiring victims to sign a quitclaim before reimbursing their lost money, in exchange of not filing legal charges against the bank.
The current bank is the product of the Banco de Oro–Equitable PCI Bank merger.The boards of both banks agreed to merge on December 27, 2006. The new BDO Unibank retained the ticker symbol of the old Banco de Oro, and 1.3 billion BDO shares were issued in exchange for 727 million Equitable PCI Bank shares.
The Banco de Oro-Equitable PCI Bank merger (2004–2006) was a plan by the SM Group of Companies and Banco de Oro Universal Bank, the then fifth-largest bank in the Philippines, to merge with Equitable PCI Bank, the third-largest bank. The merger was part of a long-term goal of Banco de Oro to become one of the largest names in the Philippine ...
Digital banking encompasses various banking tools and trends, but one thing is certain: Digital banking is on the rise. Most Americans have used digital banking services in the past year, and more ...
The Maya app was also named among the world's most innovative apps for digital life at the 2023 Global Mobile Awards held in Barcelona. [27] Maya Bank was among the 415 banks that Forbes ranked in 2023 based on a global survey of 48,000 customers. The criteria included digital and customer services, financial advice, and user trust.
Americans already do most of their banking online — at least 7 out of 10 U.S. households are enrolled in digital banking, according to a survey on digital financial literacy, with 95% of those ...
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.
Nov. 29—The Texas Broadband Development Office (BDO) has released its draft of the Texas Digital Opportunity Plan (TDOP) for public comment. Use the online form to read the TDOP and provide ...