Banco de Oro (Bdo) : Corporate Profile
Banco de Oro (Bdo) : Corporate Profile
CORPORATE
PROFILE:
BDO Unibank was established in 1968 as Acme Savings Bank, a thrift bank with only
twobranches. It was acquired by the SM group in 1976 and renamed as Banco de Oro
Savingsand Mortgage Bank. The bank initially provided services primarily to the suppliers
ofShoe Mart, Inc., but eventually widened its client base. It changed its name to Banco de
OroCommercial Bank in 1994, then to Banco de Oro Universal Bank in 1995, to reflect
thechanges in its status and the types of services that it offered.In May 2007, the bank
merged with Equitable PCI Bank to form Banco de Oro-EPCI Inc. Itscorporate name was
changed to Banco de Oro Unibank, Inc. in 2008, then to its presentform in 2011.
CORPORATE
PROFILE: Jollibee Foods was incorporated on 1978 with the primary purpose of engaging in
thedevelopment, operation, and franchising of quick-service restaurants under the trade
nameJollibee. Through the years, the company has expanded its operations by
acquiring otherquick service restaurants, and extending its business to People's
Republic of China,United States of America, United Arab Emirates, Hongkong, Brunei,
Saudi Arabia,Singapore, Kuwait, Qatar, Canada, and Vietnam. Jollibee Foods also
engages inmanufacturing and property leasing in support of the quick service restaurant
systems.
3. SM - SM INVESTMENTS CORPORATION
CORPORATE
PROFILE: SM Investments, one of the largest conglomerates in the Philippines, was
incorporated in1960. The company used to classify its businesses into five segments:
shopping malldevelopment and management, retail, financial services, real estate
development andtourism, and hotels and conventions. As a result of the restructuring
of the propertybusinesses of the Sy family in 2013, the company changed the
presentation of its segmentinformation and came up with three segments: retail,
property, and financial services.
4. URC - UNIVERSAL ROBINA CORPORATION
CORPORATE
PROFILE: Universal Robina, which has the distinction of being called the country's first
"PhilippineMultinational", was founded in 1954 when John Gokongwei, Jr. established
Universal CornProducts, Inc., a cornstarch manufacturing plant in Pasig.The
company's branded consumer food operations began with the launch of its
instantcoffee in the 1960s, and eventually broadened its food business to include the
manufactureof snack foods, chocolates, candies, biscuit, pasta, cup noodles, and
ready-to-drinkbeverages. The company is also engaged in the production and
distribution of animalhealth products and feeds, sugar milling and refining, flour
milling, pasta manufacturing,and packaging business.