Ayala is one of the oldest and most respected business groups in the Philippines. It was founded in 1834 and listed on the Philippine Stock Exchange in 1976. It regularly ranks among the top companies on the Philippine Stock Exchange in terms of market capitalization. The group has a diverse range of business interests, including large-scale real estate development, banking and financial services, telecommunications, water distribution infrastructure, electronics manufacturing services, an automotive dealership, business process outsourcing, and various international real estate investments.