BPI eyes acquiring Citi's Philippine retail business

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If a deal is reached, BPI would almost double its retail business, as Citi is among the leading credit card issuers.

Ayala-led Bank of the Philippine Islands is looking at acquiring Citi's retail business, as the foreign bank announced its exit from the Philippines.said they find Citi's portfolio and client base attractive.

"As soon as there is any information, we will take a look at it and most likely, we will be interested." Limcaoco said that once BPI sees Citi's plans, they may likely fund it internally, citing the bank's adequate capital ratios.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Singapore branches nalang yata ang i-kekeep ng Citibank.

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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BPI eyeing bid for Citi consumer, retail banking businessAyala-led Bank of the Philippine Islands (BPI) is keen on bidding for the Philippine consumer and retail banking business of Citi, which plans to exit this segment as part of a global downsizing program. | Philbizwatcher Philbizwatcher citibank mobile banking is the most user friendly 🥺 Philbizwatcher BPI has weak cybersecurity measure in its digital platform, check this petition. 'PHILIPPINES BANKING SYSTEM REFORMS FOR CLIENTS SAFETY'
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BPI 'interested' to bid for Citibank's Philippine consumer businessThe Bank of the Philippine Islands is 'interested' in bidding for the consumer and retail businesses of Citibank Philippines after the banking giant announced its exit from the country, BPI's new president and CEO TG Limcaoco said Thursday. Wow
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BPI eyeing bid for Citi consumer, retail banking businessAyala-led Bank of the Philippine Islands (BPI) is keen on bidding for the Philippine consumer and retail banking business of Citi, which plans to exit this segment as part of a global downsizing program. | Philbizwatcher Philbizwatcher citibank mobile banking is the most user friendly 🥺 Philbizwatcher BPI has weak cybersecurity measure in its digital platform, check this petition. 'PHILIPPINES BANKING SYSTEM REFORMS FOR CLIENTS SAFETY'
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