Guide on the
MERGED BANKS IN THE PHILIPPINES – Here is an updated list of the banks in the country that were acquired by other banking companies.
Did you also notice that there were banks that now operate along with other banks in the country? Most often, the merging of these banks are in the pursuit increasing the reach of either one or both banks by joining together.
In the case of state banks, most often, the merging of two (2) banks that are ran by the government is in line with the pursuit of coming up with a merged bank that is economy resilient. There are several merged banks in the Philippines whose operations were made even better after the merging of two banking entities.
There are several merged banks in the Philippines. Some of these banks have one (1) part of the combination undergoing acquisition first before they were merged with other institutions in the banking industry.
Here is a list of the merged banks in the Philippines:
- AIG Philam Savings Bank merged with East West Banking Corporation
- Allied Bank merged with Philippine National Bank
- Ecology Bank merged with Equitable PCI Bank
- Equitable PCI Bank merged with PCI Bank and now with Banco de Oro
- Insular Bank of Asia and America merged with Philippine Commercial International Bank
- Mindanao Development Bank merged with Equitable PCI Bank
- Philippine Commercial International Bank merged with Equitable PCI Bank and now merged with Banco De Oro
- Planters Development Bank merged with Chinabank Savings
- Traders Royal Bank emerged with Bank of Commerce
- United Coconut Planters Bank merged with Landbank
- United Overseas Bank merged with Banco de Oro
- Urban Bank merged with Export and Industry Bank
These banks are listed in Bangko Sentral ng Pilipinas, more popularly called BSP. It is the biggest state bank in the country that governs the operations of all banks.
