Bank of Commerce is a publicly listed universal bank, licensed by the BSP. The Bank has been operating since 1963 and traces its origins to the Overseas Bank of Manila with headquarters in Binondo, Manila. In 2008, BankCom became an affiliate of SMC and introduced its new logo bearing the SMC escudo.
Bank of Commerce provides innovative banking solutions and a complete range of products and services in deposit, commercial loans, credit card services, consumer banking, corporate banking, treasury, asset management, transaction banking, and trust and investments. The Bank has online banking facilities for retail and corporate clients, BankCom [Personal] and BankCom [Business], respectively, and a new mobile banking app, to encourage consumers and corporate clients to transact regular banking services such as bills payment, fund transfers, card loading, and other services via these online banking platforms.
With respect to its service network, the Bank has a network of 140 branches and 261 automated teller machines (ATMs) strategically located nationwide. For the year ended 2020, the Bank registered a net income of PHP784.4 million, and total assets grew to PHP170.9 billion.
On November 2, 2022, BankCom disclosed to the Philippine Stock Exchange (PSE) that it had been conferred by the Bangko Sentral ng Pilipinas (BSP) the authority to operate as a universal bank in the Philippines. Following its change of status to a universal bank from a commercial bank, BankCom is setting its sights on playing a more significant role in SMC Corporation’s overall efforts to help boost the Philippine economy.
Bank of Commerce upholds the interest of its publics as the primary reason for its existence, believing that public trust requires the highest degree of integrity, tested skills, and best effort, with the Bank’s foundation and focus anchored on values which enhance the lives of its publics.
Bank of Commerce, known by its ticker symbol BNCOM on the Philippine Stock Exchange, announced impressive financial results for the year ending December 31, 2025.
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