SM's strong and deeply rooted market presence in the Philippines is understandable as its origins are from retail.
Publicly listed SM Prime Holdings, Inc. (SM Prime) is now the largest in the Philippines and one of the leading property conglomerates in Southeast Asia.
SM’s banking business consists of BDO Unibank, Inc., now the country’s largest bank and China Banking Corporation, the first and one of the oldest privately owned local commercial banks in the country.
SM is a leading Philippine company that is invested in market leading businesses in retail, banking and property. It also invests in ventures that can capture the high growth opportunities in the emerging Philippine economy.