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The ASSET MANAGEMENT & TRUST INDUSTRY
Trust operations began in the Philippines in 1918 upon the establishment of a corporation called Philippine Trust Company, to administer and manage the properties of Americans during their early occupation of the Philippines. Since then, trust operations gradually emerged as one of the more popular services being offered by banks. It was however from 1983 to 1991 where the industry experienced remarkable growth, from P18 billion in 1983 to about P37 billion in 1986, and then reached the P100 billion mark in 1991. The Industry then moved on to grow in the 90s into a multibillion industry - as t...
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Trust, Other Fiduciary and Investment Products
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Frequently Asked Questions on Investments with a Trust Entity
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Saturday April 01, 2023
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