Company Information

Get to know Bank of Commerce

Founded in 1963, Bank of Commerce (BankCom) is one of the progressive commercial banks in the Philippines. In 2008, the Bank became an affiliate of San Miguel Corporation (SMC) group. It was granted a Universal Banking License by the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) in 2021. BankCom offers a comprehensive suite of financial solutions including deposits, loans, credit cards, investment banking, and treasury services, aiming to be the bank of choice for its diverse customer base.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Wealth Management

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Bank of Commerce

United States

Founded in

03 Aug 1959 (66 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.