BPI Family Bank
BACKGROUND:
Founded in 1851, Bank of the Philippine Islands is the first bank in the Philippines and in the Southeast Asian region. BPI is a universal bank and together with its subsidiaries and affiliates, it offers a wide range of financial products and solutions that serve both retail and corporate clients.
BPI’s services include consumer banking and lending, asset management, insurance, securities brokerage and distribution, foreign exchange, leasing, and corporate and investment banking.
The bank has a network of over 800 branches in the Philippines, Hong Kong and Europe, and close to 3,000 ATMs and CDMs (cash deposit machines).
The establishment of BPI, originally known as El Banco Español Filipino de Isabel II, ushered in the start of the Philippine banking and finance industry. The bank performed many functions, from providing credit to the National Treasury to printing and issuing currency, making it in effect the country’s first Central Bank. BPI proudly carries on this tradition, financing many private and public sector initiatives and enterprises in support of economic growth and nation building.
BPI is acknowledged as a leading provider of financial services in the Philippines and is under the respected Ayala Group of Companies.
INTEREST RATE (As of October 4, 2016):
4.75% interest rate fixed for 2 years
5.5% interest rate fixed for 4 years
6.25% interest rate fixed 5 years
7% interest rate fixed 7 years
NOTES:
*Interest Rates valid for loan applications received only up to Oct 31, 2016 and should be booked until Dec. 31, 2016.
*Applicable only to resale transactions
Security Bank
BACKGROUND:
Security Bank Corporation is one of the Philippines’ leading universal banks serving retail, commercial, corporate and institutional clients. Established on June 18, 1951, it was the first private and Filipino-controlled bank of the post-World War II period.
Security Bank was publicly-listed with the Philippine Stock Exchange (PSE: SECB) in 1995. Over the years, the Bank prudently managed to remain one of the most stable in the banking industry and is steadfast in its commitment to serve its clients and stakeholders.
Security Bank’s major businesses include retail, commercial and corporate banking, and financial markets. It offers a wide range of services including financing and leasing, foreign exchange and stock brokerage, investment banking and asset management through its subsidiaries: SB Cards Corporation, SB Capital Investment Corporation, SB Equities, Inc., SB Forex, Inc., SB Rental, Security Land Corporation, and SBM Leasing, Inc., a joint venture with Marubeni Corporation of Japan, and Security Bank Savings (SBS), its thrift bank subsidiary. The 39 branches of SBS have already been integrated into the branch network of parent Security Bank. These branches now offer the full universal bank product range to our wholesale and retail clients.
Committed to continuously provide exceptional value to its clients and stakeholders, Security Bank has been acclaimed with awards and recognition from international and local organizations for product innovation, market leadership, and best-of-class management practices.
INTEREST RATE (As of October 10, 2016):
Application Received : September 23 to December 15, 2016
Booking Period : on or before March 15, 2017
Promo Offer
Qualified home loan borrowers availing of s Security Bank Home Loan or Home Equity Loan shall enjoy the following upon loan booking :
Lower Rate :
Home Loan
Term Fixing | Rate per annum (EY) |
Fixed for 1 year | 5.0% |
Fixed for 3 year | 5.5% |
Fixed for 5 year | 6.0% |
Home Equity
Home Equity Loans, applicable rate shall be home loan rate + 1%
NOTE:
*Applicable only to resale transactions
BDO
BACKGROUND:
BDO is a full-service universal bank in the Philippines. It provides a complete array of industry-leading products and services including Lending (corporate and consumer), Deposit-taking, Foreign Exchange, Brokering, Trust and Investments, Credit Cards, Corporate Cash Management and Remittances in the Philippines. Through its local subsidiaries, the Bank offers Leasing and Financing, Investment Banking, Private Banking, Rural Banking, Bancassurance, Insurance Brokerage and Stock Brokerage services.
BDO’s institutional strengths and value-added products and services hold the key to its successful business relationships with customers. On the front line, its branches remain at the forefront of setting high standards as a sales and service-oriented, customerfocused force. BDO has one of the largest distribution networks, with more than 1,000 operating branches and over 3,000 ATMs nationwide (including One Network Bank).
Through selective acquisitions and organic growth, BDO has positioned itself for increased balance sheet strength and continuing expansion into new markets. As of 31 March 2016, BDO is the country’s largest bank in terms of consolidated resources, customer loans, deposits, assets under management and capital, as well as branch and ATM network nationwide.
BDO is a member of the SM Group, one of the country’s largest and most successful conglomerates with businesses spanning between retail, mall operations, property development (residential, commercial, resorts/hotel), and financial services. Although part of a conglomerate, BDO’s day-to-day operations are handled by a team of professional managers and bank officers. Further, the Bank has one of the industry’s strongest Board of Directors composed of professionals with extensive experience in various fields that include banking, accounting, finance, law, bank regulations and risk management, strategy formulation and merchandise marketing.
INTEREST RATE (As of November 14):
5.50% Fixed for 1 year
6.50% Fixed for 2 or 3 years
6.88% Fixed for 4 or 5 years
NOTE:
*Applicable only to resale transactions
China Bank
BACKGROUND:
China Banking Corporation commonly known as China Bank, is a Filipino bank established in 1920. It was the first privately owned local commercial bank in the Philippines initially catering to the banking needs of Chinese-Filipino businessmen. It offers various banking services and products related to deposit, investment, trust, cash management, remittance, and financing products and services. It also offers insurance brokerage and bancassurance services through its subsidiary and affiliate.
China Bank was included in the list of one of the “top 100 ASEAN companies in terms of delivering shareholder value” by the US consulting firm Stern Stewart and Company in 2009. It was also awarded the Best Wealth Management House in the Philippines by The Asset Magazine (HK) in 2011. At the 2012 Bell Awards of the Philippine Stock Exchange, China Bank was named as one of the best-governed companies in the Philippines. It was the only bank among the top five awardees in the publicly listed companies category. The Bank was again awarded at the Bell Awards in 2013—one of only two other awardees to have been in the top five twice in a row. China Bank was also a recipient of the Institute of Corporate Director’s Gold Award for Corporate Governance in 2011 and 2012.
INTEREST RATE (As of November 4, 2016):
6.00% – fixed for 1 year
6.75% – fixed 2 to 3 years
7.00% – fixed 4 to 5 years
8.50% – fixed 6 to 10 years
NOTE:
*Applicable only to resale transactions