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Increase in the maximum deposit insurance coverage from P250,000 to P500,000 [2] Grant of the flexibility to adjust the maximum deposit insurance coverage in case of a condition that threatens the monetary and financial stability of the banking system, subject to the approval by the President of the Philippines
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.
Travel insurance is an insurance product for covering unexpected losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage , flight delays , public liability ...
Travel restrictions reduced the spread of the virus. However, because they were implemented after community transmission had begun in several countries around the globe, they produced only a modest reduction in the total number of infections. Travel restrictions may be most important at the start and end of a pandemic. [3]
On June 17, 1950, Equitable Banking Corporation was founded by Go Kim Pah [1] as the first commercial bank in the Philippines, licensed by the newly formed Central Bank of the Philippines (now Bangko Sentral ng Pilipinas). Other commercial banks like Bank of the Philippine Islands were formed and licensed during the Spanish or American regimes ...
In April 2020, FWD Philippines launched a Covid-19 Charity Drive to donate to healthcare workers and provide essential supplies across its operational regions. [40] In 2022, the company collaborated with Junior Achievement Asia Pacific to introduce JA SparktheDream , a program focused on teaching financial literacy, innovation, and social ...
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