PNB and Allied Bank Merger

Philippine National Bank and Allied Banking Corp., which are both owned by tycoon Lucio Tan, have approved a plan to merge to become the country’s fourth largest bank in terms of assets. The merged bank will retain the name Philippine National Bank.


One thought on “PNB and Allied Bank Merger

  1. What advantages will this merge bring to the future depositors of these banks?.. Will this equate to higher interest rates and better bond deals compared to its competitors?…

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s