Philippines president backs merger of two state lenders to create country's biggest bank

Portugal Notícia Notícia

Philippines president backs merger of two state lenders to create country's biggest bank
Portugal Últimas Notícias,Portugal Manchetes

Philippines President Ferdinand Marcos Jr is pushing for the merger of two state-run banks, which will create the country's largest lender by assets, his finance secretary said on Tuesday.

  • 📰 Reuters
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

The planned merger, first approved by President Benigno Aquino in 2016 but scrapped later that same year by his successor Rodrigo Duterte, was revived "due to recent financial developments abroad," Finance Secretary Benjamin Diokno told a media briefing.

"The merger will create a bigger and stronger bank to better serve the country's development needs," Diokno said.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Reuters /  🏆 2. in PT
 

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

US Vice President Harris promises greater investment for AfricaUS Vice President Harris promises greater investment for AfricaU.S. Vice President Kamala Harris said on Sunday that the United States will increase investment in Africa and help spur economic growth as she began a week long tour of the continent aimed at offering a counter to the influence of rival China. Great.. from madurai Tamilnadu INDIA Sure. Electrical yellow school buses 🚌 'investment' lol.
Consulte Mais informação »



Render Time: 2025-01-13 20:49:41