Allied gets BancNet award

MANILA, Philippines - Allied Banking Corp. (Allied Bank) received the third-place Top Acquiring Bank award from BancNet, one of the country’s largest automated teller machine (ATM) consortiums.

The event likewise became a venue for honoring the top performing ATM networks and biggest transaction volumes. Allied Bank operates 285 ATMs. Other bank awardees were: Citystate Savings Bank received the Highest Host Availability Award (2005-2009); China Banking Corp.; Metropolitan Bank & Trust Co.; Philippine Bank of Communications; and Philtrust Bank.

Allied Bank is a universal bank that offers a full range of domestic and international banking services including deposit products, loans, trade finance services, credit card, domestic and foreign fund transfers, treasury, money market and foreign exchange services, merchant banking, project financing as well as trust services through its nationwide network of 283 branches located in Metro Manila and in various cities and provinces throughout the Philippines.

It also operates two foreign branches in Guam and Bahrain and foreign subsidiaries in London, Xiamen and Hong Kong.