^

Banking

AIA eyes East Asia acquisitions

- The Philippine Star
October 9, 2012 | 12:00am

MANILA, Philippines - The AIA Group is acquiring the Malaysian and Thailand branches of the ING Group, which is selling assets to comply with European Union orders. Reports indicate that the final terms to sell its business may amount to roughly about 1.4 billion euros ($1.8 billion). AIA chief executive officer Mark Tucker reportedly said that the acquisition “would add value to investors and are financially viable.” AIA will also be acquiring Aviva NDB Insurance Plc (CTCE), Sri Lanka’s second-largest life insurer.

ACQUIRING

AIA

AVIVA

BILLION

CTCE

EUROPEAN UNION

GROUP

INSURANCE PLC

MALAYSIAN AND THAILAND

MARK TUCKER

SRI LANKA
  • Latest
Latest
Latest
abtest
BDO sweeps Cash Management Services Awards
brandSpace
September 11, 2024 - 2:00pm

BDO sweeps Cash Management Services Awards

September 11, 2024 - 2:00pm
BDO received its sixth consecutive win as the Best Cash Management Service Provider in the Philippines at The Asset Triple...
Banking
fbtw
It’s just too easy to pay with Maya, anywhere, everywhere!
June 28, 2024 - 2:55pm

It’s just too easy to pay with Maya, anywhere, everywhere!

June 28, 2024 - 2:55pm
You can use Maya to pay wherever and whenever—scan any QRPh at your favorite local store, tap your Maya card when you...
Banking
fbtw
Enjoy exclusive rewards when you apply for select Security Bank products on Lazada
brandSpace
June 18, 2024 - 1:00pm

Enjoy exclusive rewards when you apply for select Security Bank products on Lazada

June 18, 2024 - 1:00pm
Security Bank and Lazada offers an exclusive opportunity to access the bank’s suite of award-winning Credit Card, Deposit,...
Banking
fbtw
GCash, Filipino community celebrate Independence Day in New York
brandSpace
June 6, 2024 - 4:45pm

GCash, Filipino community celebrate Independence Day in New York

June 6, 2024 - 4:45pm
With its expansion outside of the Philippines, GCash is able to serve and empower more Filipinos, wherever they may be based....
Banking
fbtw
Palawan Group of Companies partners with DOLE MIMIROPA for underbanked beneficiaries
brandSpace
June 4, 2024 - 10:55am

Palawan Group of Companies partners with DOLE MIMIROPA for underbanked beneficiaries

June 4, 2024 - 10:55am
As part of its commitment to making digital financial services available to all sectors, especially the marginalized and vulnerable,...
Banking
fbtw
Chinabank reaffirms its customer focus with new campaign
brandSpace
May 9, 2024 - 4:00pm

Chinabank reaffirms its customer focus with new campaign

May 9, 2024 - 4:00pm
Chinabank has launched a brand refresh program and digital campaign to evolve the 103-year-old bank’s brand and image,...
Banking
fbtw
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with