Ayala Snapshot
When it comes to Ayala, age and size do matter. Founded in 1834, the company is one of the oldest and largest diversified conglomerates in the Philippines. Its flagship holding is Bank of the Philippine Islands, one of the country's largest banks. In addition, Ayala owns interests in insurance, real estate, telecommunications, infrastructure, electronics, and automotive dealerships. Subsidiary Ayala Land invests in and develops commercial real estate; Manila Water distributes water and operates sewer systems in Manila. Its minority-owned Globe Telecom offers international wireless connectivity services, while its AC Capital division manages a portfolio of venture capital investments.
