Citi awaiting Maharlika Fund investment opportunities

American banking giant Citi expressed interest in exploring potential investment opportunities in the Maharlika Investment Corp. —the state-run firm managing the Philippines’ very first sovereign wealth fund.“If there are opportunities within the Maharlika framework then we are very much happy to look into that as well,” Citi Philippines CEO Paul Favila said in a chance interview at the sidelines of the Indo-Pacific Investment Forum in Taguig City on Tuesday.

The MIC is governed by a nine-member board of directors made up of the Finance Secretary as chairperson, the MIC president and CEO, the Land Bank of the Philippines president and chief executive officer, the Development Bank of the Philippines president and CEO, two regular directors, and three independent directors from the private sector.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

BCDA, Maharlika fund manager sign deal to explore investment projectsDefining the News
Sumber: MlaStandard - 🏆 20. / 55 Baca lebih lajut »

Maharlika, BCDA ink MOU for possible investment opportunitiesThe Bases Conversion and Development Authority (BCDA) and the Maharlika Investment Corp. (MIC) on Monday inked a memorandum of understanding for the two agencies to explore potential collaboration opportunities.
Sumber: gmanews - 🏆 11. / 68 Baca lebih lajut »

Migration of Citi business weighs on UnionBank Q1 net incomeAboitiz-led Union Bank of the Philippines saw a decline in its first-quarter bottom line, as the lender saw higher operating costs to support the migration of the Citi Consumer business into its systems.
Sumber: gmanews - 🏆 11. / 68 Baca lebih lajut »