SM Investments Corporation (SM) continues to be a leading and dynamic conglomerate in the Philippines with substantial interests in retail, banking and property development. SM steadily evolved and progressed from its humble beginnings as a modest shoe store in 1958 to one of today's largest and most well-known Philippine corporations.
SM operates department stores through THE SM STORE and food retail stores under SM Markets consisting of SM Supermarket, SM Hypermarket, Savemore as well as Walter Mart which are leading players that provide consumers with an aspirational lifestyle, reliable service, quality products and consistent convenience.
SM Prime has become one of the largest real estate conglomerates in the country and in Southeast Asia with interests in malls, residences, office buildings, resorts, hotels and convention centers. SM Prime is the Philippines' largest mall developer, both in terms of gross floor area (GFA) and geographical reach where it operates over 50 malls. In China, the company’s six malls are thriving in second- and third-tier cities, a strategy that the company will maintain as it grows further in numbers. A dominant player in the Philippine residential business, SM Prime has offerings mainly in key cities in Metro Manila - Quezon City, Mandaluyong, Pasay, Pasig, Makati, Paranaque and Taguig. True to its origins, SM Prime caters to the dreams and aspirations of its customers by offering affordable luxury in convenient locations.
SM has the largest footprint in the Philippines through BDO Unibank, Inc. and China Banking Corporation. BDO is the Philippines' largest bank in terms of total resources, loans and deposits and is also the market leader in most key business segments such as investment banking, asset management, wealth management, remittances, credit cards, insurance and leasing. China Bank is uniquely positioned to service the needs of emerging companies and small- and medium-scale enterprises building on its long-term relationships that date back to the post-war era. Its acquisitions of two banks in the last three years signal China Bank's desire to grow further in scale, market reach and product base.