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Allied Banking Corporation (now Philippine National Bank) was one of the largest banks in the Philippines. On February 9, 2013, the bank was merged with Philippine National Bank, creating the fourth largest private domestic bank in the Philippines.
Allied Banking Corporation, now known as Allied Bank, provides commercial and merchant banking services. The Bank, through its subsidiary is also involved in leasing.
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Aug 15, 2012 · The merger of Allied Banking Corporation and Philippine National Bank was approved by the Bangko Sentral ng Pilipinas in August 2012. The PNB was the surviving entity and the merger aimed to create a bank with a larger international footprint.
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Jan 27, 2024 · Allied Banking Corporation (now Philippine National Bank) was one of the largest banks in the Philippines. On February 9, 2013, the bank was merged with Philippine National Bank, creating the fourth largest private domestic bank in the Philippines.
In December 1981, it officially became an expanded commercial bank or universal bank. Today, Allied Bank operates a total of 288 domestic branches/offices, including its subsidiaries Allied ...
Feb 11, 2013 · Tycoon Lucio Tan's banking arms Philippine National Bank and Allied Banking Corp. have executed a much-awaited merger via a share swap deal.
The bank became the first universal bank in the Philippines in 1980 and was acquired by tycoon Lucio Tan after it was privatized by the government in 1989. After its merger with the Tan-owned Allied Bank on February 9, 2013, PNB became the fifth largest private domestic bank in the country.
