DBP digs in, insists merger with Landbank needs new law

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الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

In a statement, Development Bank of the Philippines said it has filed an appeal with the Office of the President questioning GCG’s legal study for being “legally erroneous,” among other grounds. | RonWDomingoINQ /PDI

DBP said in a statement it has filed an appeal with the Office of the President questioning GCG’s legal study for being “legally erroneous”, among other grounds.The state bank was reacting to a statement of GCG, which is supervised by the OP, made on April 18.

GCG said it had submitted to the OP a study on the planned merger, with the conclusion that this could be done without the President waiting for Congress to file a bill and pass a law that would mandate the union.

 

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الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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Why the rush? Hontiveros seeks Senate probe on DBP-Landbank mergerPuzzled by Malacanang’s supposed rush, opposition Senator Risa Hontiveros asked the Senate to look into the planned merger of the Land Bank of the Philippines with the Development Bank of the Philippines. | MAgerINQ
مصدر: inquirerdotnet - 🏆 3. / 86 اقرأ أكثر »

GCG: Legislation not needed for Landbank-DBP mergerThe planned Landbank and Development Bank of the Philippines merger may proceed even without a new law, according to the Governance Commission for Government Owned or Controlled Corporations. | RonWDomingoINQ /PDI RonWDomingoINQ Hmm! So fishy!
مصدر: inquirerdotnet - 🏆 3. / 86 اقرأ أكثر »

Hontiveros seeks Senate inquiry into proposed LandBank-DBP mergerSenate Deputy Minority Leader Risa Hontiveros has filed a resolution seeking an inquiry into the proposed merger of the Development Bank of the Philippines (DBP) and the Land Bank of the Philippines (DBP).
مصدر: gmanews - 🏆 11. / 68 اقرأ أكثر »

GCG: Landbank-DBP merger can move forward sans legislationThe proposed merger of state-owned lenders Land Bank of the Philippines and the Development Bank of the Philippines (DBP) can proceed without legislation, according to the Governance Commission for Government-Owned and Controlled Corporations (GCG).
مصدر: gmanews - 🏆 11. / 68 اقرأ أكثر »