Ayala Corporation is the holding company of one of the oldest and largest business groups in the Philippines. It maintains a tradition of excellence and integrity that has run continuously through seven generations, adhering to the principles and ideals that had brought it to existence 178 years ago. One pioneering family started a business in 1834. That business grew and engendered others. Today, Ayala is one of the biggest, most respected, and most widely diversified conglomerates in the Philippines, with leadership positions in real estate development, banking and financial services, telecommunications, electronics and information technology, water infrastructure development and management, and business process outsourcing, and new investments in power, renewable energy, and transportation infrastructure.