Honestly, I am not happy with the series of mega bank mergers.
iBank was a growing bank with a great customer service proposition. When Unionbank came into the picture, many iBank employees left, and those who remain have lost their morale.
BDO's hostile acquisition of EPCI is an indication of a stronger, bigger, and more powerful SM empire. And this is not that good for business, especially manufacturers, suppliers and other retailers.
There were some good consequences for employees of acquired banks. Most iBank employees became executives and officers in other growing banks, while the majority of EPCI's trust employees were hired by international investment institutions.
BPI swallowed Prudential Bank, who previously merged with Pilipinas Bank. Wala lang... I just miss the old times... the old Prudentail Bank buildings with elderly customers and staff.
Bank mergers will continue as the Bangko Sentral wants to strengthen the banking system. In this modern times, being big, really big, is certainly an advantage.
I can smell RCBC as the easiest aquisition target among the big banks. Perhaps a BPI-RCBC merger?
Rumors say that a Taiwanese group is eyeing Metrobank... how true?
Unionbank has an interesting ambition in its company's vision statement: To be among the top 3 banks by the year 2010.
Well, we'll see...
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If Metrobank will acquire BPI...
and PSBank is a part of MetroBank...
Who is the "big time" Taiwanese Group that your stating? hmmm...
Metrobank will not acquire BPI! Hellowwww!!!!
Is it true that LBC bank will acquire Manila Bank? he he he
more interesting would be the Philtrust-PBCom marriage which never came about. so senseless to talk about these two oldtimers.
With its huge, hostile acquisition of EPCI, why would BDO be also interested in acquiring Al Amanah Islamic Bank, the smallest commercial bank in the country?
FYI, Security Bank acquired 2 small rural banks last year. Their objective was to have stronger presence in the provinces. But for BDO, I guess there is no need to grab smaller banks. It will just dampen its image as the new emerging financial giant.
Taiwanese group? Eeeeewwwww...
blood bank will merge with piggy bank
Metrobank can't buy BPI and for BPI, di papayag sila mabili. Hellow!!!! FYI, Metrobank is the larget bank in terms of ASSETS and BDO-EPCI is the second largest in terms of ASSETS. BPI is the third largest in ASSETS. Pag market value ang pag-uusapan sa financial institution, pinaka mataas ang market value ng BPI, second ang BDO-EPCI, and third lang si Metrobank.
I've heard some rumors, but I don't know if this is true, pero ang rumor is that BPI will buy Security Bank and Eastwest Bank this year. BPI is the surviving entity. Meaning, pag nagkatotoo ito, di na natin makikita ang pangalan na Security Bank and Eastwest Bank. Also, BPI will be back to it's previous position in 1999 as the country's largest bank in terms of assets dislodging Metrobank and BDO-EPCI - yun eh, pag nagkatotoo itong rumor....
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