Stamps featuring the Equitable PCI Bank
The Philippine Postal Corporation will issue a stamp to commemorate the 50th Anniversary of Equitable PCI Bank.
|Kind of Issue:||Commemorative|
|Denomination & Quantity:||P5.00 – – – – – 150,000|
|Date of Issue:||September 26, 2000|
|Last Day of Sale:||March 26, 2001 (as stock allows)|
|Sheet Composition:||50 (10 x 5)|
|Size of Stamps:||40mm x 30mm|
|Printing Process:||Litho-Offset (4 colors)|
|Printer:||Amstar Company, Inc.|
|Designer:||Ryan Jose DG. Ticsay|
|Design Coordinators:||Maureen Coronel – Abelardo Fredeswinda P. Cruz|
|Graphic Artist:||Edgar P. Patricio|
|Design:||Title: "Barter to Banking Button" Symbolizes the development of trade (gear) from past to present. The barter trade done in the past is represented by the monochromatic jars and folded cloth on the left side. It gradually changes into a peso bill, representing what took over barter, the use of money and the business of banking. Then, it evolved into an electronic chip, superimposed by a mouse, representing the electronic commerce performed today. Equitable PCIBank has been an instrument in all these developments.|
Seeing the need to revitalize and help build the country's economy shortly after the second world war, Go Kim Pah established Equitable Banking Corporation in 1950. Its first headquarters rose in Binondo, Manila where trade and business were starting to flourish. Equitable Bank was the first commercial bank licensed by the newly created Central Bank of the Philippines.The bank grew steadily, establishing its first branch in Divisoria, and the second soon after in Cebu. In 1963, it became the first Filipino bank to establish a foreign branch in the Crown Colony (Hongkong). The bank answered the call to better serve the community as it became a universal bank in 1988, offering a wide range of products and services in response to the expanding needs of its growing clientele. On April 3, 1997, following a successful Initial Public Offering, Equitable Bank was listed in the Philippine Stock Exchange. Read more.