BPI, Robinsons Bank merger gets shareholders’ approval

  • 📰 EdgeDavao
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The proposed merger between the Bank of the Bank of the Philippine Islands (BPI) and Gokongwei-led Robinsons Bank Corporation has secured the go signal from the Ayala-led bank’s shareholders. In a …

The proposed merger between the Bank of the Bank of the Philippine Islands and Gokongwei-led Robinsons Bank Corporation has secured the go signal from the Ayala-led bank’s shareholders.

“The proposed merger with Robinsons Bank Corporation will unlock various synergies across several products and service platforms and expand the customer and deposit base of both banks,” said BPI president and CEO Jose Teodoro Limcaoco. The BPI chief added that the merger will also expand BPI’s access to the Gokongwei network, especially to the Filipino-Chinese market segment, “which has been the significant advantage of our closest competitors.”

On effective date of the merger, BPI will issue primary common shares to the Robinsons Bank stockholders that will result in the Gokongwei-led bank’s shareholders owning approximately 6% of the resulting outstanding common shares of BPI.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 23. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

BPI sees boost from Gokongwei network with Robinsons Bank mergerThe merger with Robinsons Bank would mean greater access to the Filipino-Chinese market segment, which has been the 'significant advantage' of competitors, says BPI president and CEO TG Limcaoco.
출처: rapplerdotcom - 🏆 4. / 86 더 많은 것을 읽으십시오 »

BPI, Robinsons Bank merger gets shareholders’ approvalThe proposed merger between the Bank of the Bank of the Philippine Islands (BPI) and Gokongwei-led Robinsons Bank Corporation has secured the go signal from the Ayala-led bank’s shareholders.
출처: gmanews - 🏆 11. / 68 더 많은 것을 읽으십시오 »

BPI expects merger with Robinsons Bank to boost income, revenues - BusinessWorld OnlineBANK of the Philippine Islands (BPI) expects its net income to climb by 5-6% and its revenues to rise by around 7% once its planned merger with Robinsons Bank Corp. takes effect, its top official said. “Robinsons Bank is expected to expand BPI’s key balance sheet metrics by between 6.5%, maybe 7%. As mentioned over […]
출처: bworldph - 🏆 9. / 68 더 많은 것을 읽으십시오 »