Commercial Bank and Trust Company Building explained

Commercial Bank and Trust Company Building
Native Name:[1]
Architectural Style:Brutalist
Address:Escolta Cor. Yuchengco Streets, Binondo
Location City:Manila
Location Country:Philippines
Owner:Bank of the Philippine Islands
Current Tenants:BPI Escolta branch
Coordinates:14.5967°N 120.9773°W
Completion Date:1969
Architect:José María Zaragoza
Designations:Important Cultural Property (June 27, 2019)

The Commercial Bank and Trust Company (Comtrust) Building is a historic building along Escolta and Yuchengco Streets in Binondo, Manila, Philippines. It houses the Escolta branch of the Bank of the Philippine Islands (BPI).[2]

History

The Commercial Bank and Trust Company (Comtrust) Building as its name suggest was initially hold office for commercial banking firm Comtrust shortly after it was built in 1969. In 1981, Comtrust would merge with the Bank of the Philippine Islands (BPI) and consequentially BPI became the building's new tenant. The building would house the BPI Escolta branch.[3]

On June 27, 2019, the building was recognized as an Important Cultural Property by the National Museum of the Philippines.[1] A marker stating the recognition would be unveiled on August 30, 2023.[3]

Architecture and design

The Comtrust Building was designed by Filipino architect José María Zaragoza.[4] The semi-dome building exhibits a Brutalist style of architecture.[3]

Notes and References

  1. Rigos Hall . June 27, 2019 . Marker outside building. Gusali ng Commercial Bank and Trust Company. National Museum of the Philippines. Daily Tribune.
  2. News: Garcia . Joseph Emmanuel . BPI Escolta Branch declared an important cultural property . 7 September 2023 . BusinessWorld . 5 September 2023.
  3. News: BPI Escolta branch declared an important cultural property . 7 September 2023 . The Manila Times . 7 September 2023 . en.
  4. News: Severo . Jan Milo . 7 historical buildings to spot in Escolta . 7 September 2023 . The Philippine Star . 30 March 2023.