Bank of the Philippine Islands (the Bank) is a commercial bank, which offers a range of financial services. The Bank's segments include Consumer banking, Corporate banking and Investment banking. The Consumer banking segment addresses the individual and retail markets, and covers deposit taking and servicing, consumer lending, such as home mortgages, auto loans and credit card finance, as well as the remittance business. Corporate banking segment offers lending, leasing, trade and cash management services. Investment banking segment offers corporate finance, securities distribution, asset management, trust and fiduciary services, as well as proprietary trading and investment activities. The Bank operates approximately 820 branches and over 2,760 automated teller machines. The Bank also serves its customers through alternative electronic banking channels, such as telephone, mobile phone and the Internet.