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PBCom to acquire bank, on the lookout for more

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Philippine Bank of Communications (PBCom), the soon-to-be financial arm of businessman Lucio Co’s growing empire, is on the lookout for bargain acquisitions in the vast rural banking sector as it expands its footprint locally.

Posted: September 10th, 2014 in Headlines | Read More »

Ongpin girds for battle, sells PBCom stake

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roberto_ongpin

Former Trade Minister Roberto V. Ongpin sold his stake in Philippine Bank of Communications, citing the need to make a “financial sacrifice” and spare the bank from any backlash that could arise from his legal battle with a ranking central bank official.

Posted: January 6th, 2013 in Editor's Pick,Headlines | Read More »

Ongpin, BSP butt heads over PBCom directorship

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Businessman Roberto V. Ongpin is at loggerheads with the Bangko Sentral ng Pilipinas over the latter’s decision to defer action on his appointment as director and co-chairman of Philippine Bank of Communications—a move the former Marcos trade minister said was made by the latter despite the absence of a formal complaint against him.

Posted: January 3rd, 2013 in Editor's Pick,Headlines | Read More »

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