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Banks secure BSP nod to open new branches

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The central bank has approved the opening of new branches for several local banks in the coming months, in line with efforts for the promotion of a more inclusive financial system.

Posted: October 24th, 2013 in Headlines | Read More »

East West Bank doubles branches to 245

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MANILA, Philippines—The Gotianun-led East West Bank doubled the number of its branches to 245 in 2012 in line with plans to build a 350-strong local distribution channel to support further growth objectives by 2014.   In a disclosure posted on the Philippine Stock Exchange on Monday, EastWest said it opened 123 new branches—which the bank [...]

Posted: January 2nd, 2013 in Latest Business Stories | Read More »

Landbank expanding with 20 new branches

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Land Bank of the Philippines said it would open 20 new branches this year to reach areas that were deemed underserved by the banking industry.

Posted: February 29th, 2012 in Latest Business Stories | Read More »

BSP approves establishment of 126 new bank branches

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The Bangko Sentral ng Pilipinas has approved the opening of over 100 new bank branches, hoping to improve accessibility of financial services in the country.

Posted: February 9th, 2012 in Headlines | Read More »

Banks’ branch networks boosted by BSP liberalization

Sixty-two more branches and offices of existing commercial, thrift and rural banks opened in the second quarter alone, a development the Bangko Sentral ng Pilipinas said was an indication of improving accessibility of financial services in the country. In a report, the BSP said the 62 additional bank branches are situated in and outside the [...]

Posted: September 23rd, 2011 in Headlines | Read More »

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