Equitable PCI Bank

Equitable PCI Bank, Inc.

Former type	Public (: EPCI)
Industry	Finance and Insurance
Founded	1938 as PCIBank 1950 as EBC 1999 as Equitable PCI Bank
Defunct	2007
Headquarters	Makati, Philippines
Key people	Go Kim Pah, (Founder), Equitable Banking Corporation Antonio L. Go, (Former Chairman) Rene J. Buenaventura, (Former President and CEO) Eugenio Lopez Jr., (Chairman PCIBank) John Gokongwei Jr., (Vice Chairman PCIBank) Rafael B. Buenaventura, (President and CEO PCIBank)
Products	Financial Services
Net income	P2.65 billion PHP (2005) [1]
Number of employees	unknown
Website	www.equitablepcib.com

Equitable PCI Bank, Inc. (: EPCI) was one of the largest banks in the Philippines, being the third-largest bank in terms of assets. Equitable PCI Bank was the largest bank before it was overtaken by Metrobank in 1995. It is the result of the merger of Equitable Banking Corporation and Philippine Commercial International Bank, or PCIBank. It was known for a wide range of services from savings to insurance and, through its wholly owned subsidiary Equitable CardNetwork, was the largest Philippine credit card issuer. The bank merged with Banco de Oro Universal Bank in early 2007, and is now branded as "BDO" as its new identity as part of the new Banco de Oro Unibank, Inc.

The shares of the Lopez and Gokongwei Families were sold to the SSS and GSIS which acquired 78% of PCI Bank shares that were bought by the Go-Led Equitable Banking Corporation and they merged in 1999 and was approved by the Bangko Sentral and other agencies that had created the Third Largest Philippine Bank with Equitable as the survivor of the merger and the name Equitable PCI Bank was adopted. With Head offices at The former PCI Bank Towers I&II that were renamed to the Equitable PCI Bank Towers I&II and the Equitable Banking Corporation Binondo Center and at the Equitable Banking Corporation Tower also in Makati. The Bank also played in a very important role in the impeachment trial of the former president Joseph Estrada of which the bank produced Fifteen Witnesses (along with nine banks namely Citibank, Philippine Savings Bank, Bank of the Philippine Islands, Security Bank, Land Bank of the Philippines, Urban Bank, Export and Industry Bank, Asia United Bank and Keppel Bank) to prove that the 'Jose Velarde' account was owned the President Estrada (which also investment on the merger of the Equitable Banking Corporation and then the Lopez-Gokongwei led Philippine Commercial International Bank).

On August 5, 2005, the SM Group of Companies and Banco de Oro Universal Bank announced that they have purchased a 24.76% stake of Equitable PCI from the Go family(Equitable Banking Corporation), the family that founded the bank, along with a 10% stake in Equitable CardNetwork. Subsequent acquisitions by Banco de Oro enabled it to gain a 34% share in the bank.