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.
Personal rumblings on tech and stuff
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.
December 3, 2008 at 7:52 pm
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?…