History Banco de Oro a thrift bank

Jul 8th, 2015
Studypool Tutor
Jackson State University
Course: general
Price: $15 USD

Tutor description

Beginnings On January 2, 1968, Banco de Oro started off as a thrift bank called Acme Savings Bank. It was considered as the smallest bank in Philippines back then. But in November 1976, the group of companies called Sy Group owned by Henry Sy acquired Acme and renamed it as Banco de Oro Savings and Mortgage Bank. Years after, BDO became a commercial bank and had its name changed to Banco de Oro Commercial Bank. In September 1996, the bank’s name was changed to its current name which is Banco de Oro Universal Bank after it became a universal bank.

Word Count: 522
Showing Page: 1/3
HistoryBeginningsThe first logo of Banco de OroThe second logo of Banco de OroOn January 2, 1968, Banco de Oro started off as a thrift bank calledAcme Savings Bank. It was considered as the smallest bank in Philippines back then. But in November 1976, the group of companies called Sy Group owned by Henry Sy acquired Acme and renamed it as Banco de Oro Savings and Mortgage Bank. Years after, BDO became a commercial bank and had its name changed to Banco de Oro Commercial Bank. In September 1996, the bank's name was changed to its current name which is Banco de Oro Universal Bank after it became a universal bank. BDO eventually became involved in insurance services in 1997 and established a subsidiary calledBDO Insurance Brokers. In 1999, BDO expanded its insurance services through partnerships with Zamora Assurance and Assicurazoni Generali one of the world's largest insurance f

Review from student

Studypool Student
" The best tutor out there!!!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors