Understanding the success of Banco De Oro Unibank, Inc. through its mergers and acquisitions

Mergers and acquisitions have been a popular practice in various industries, including the banking sector. In the Philippine banking industry, merger and acquisitions have grown since the start of the new millennium. With this in mind, this paper looks at the countrys current leader in the banking s...

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Bibliographic Details
Main Authors: Afurong, Katrina Marie Dacanay, Conner, John Kevin Regalado, Meridores, Keith Ivan Ong, Sy, Kyla Alexandra
Format: text
Language:English
Published: Animo Repository 2012
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Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/11154
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Institution: De La Salle University
Language: English
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Summary:Mergers and acquisitions have been a popular practice in various industries, including the banking sector. In the Philippine banking industry, merger and acquisitions have grown since the start of the new millennium. With this in mind, this paper looks at the countrys current leader in the banking sector, Banco De Oro Unibank Inc. (BDO). With an asset size of about Php 875B as of the 2nd quarter of 2010, it is interesting to note how BDO was able to attain such an achievement through its merger and acquisition activities. This paper aims to identify and understand the purposes of the mergers and acquisitions between BDO and the seven (7) other banks since the start of the millennium. The findings obtained in the study can serve as a platform for future research geared towards the same subject matter. Moreover, the findings can serve as a point of comparison on how other banks conduct their own mergers and acquisitions. The study was carried out using a case study approach. An analysis of interviews with officials from BDO and BSP and findings that were obtained for the seven (7) different banks were done. The results of the study concluded that Banco de Oro Unibank, Inc. had various needs that served a main purpose and these needs were met through the mergers and acquisitions.