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Banco de Oro-Equitable PCI Bank merger
The Banco de Oro-Equitable PCI Bank merger is a plan by the SM Group of Companies and Banco de Oro Universal Bank, the fifth-largest bank in the Philippines, to merge with (although it is considered by some as an acquisition or even as a hostile takeover) Equitable PCI Bank, the third-largest bank. The merger is part of a long-term goal of Banco de Oro to become one of the largest names in the Philippine banking industry.
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