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                    [ArticleID] => 270539
                    [Title] => Citibank acquires Insular Savings to expand into low consumer mart
                    [Summary] => Citibank NA, a unit of the US financial giant Citigroup, has expanded into the lower segment of the Philippine banking sector with the acquisition of Insular Savings Bank, a total official said. 


Citibank Asia Pacific chief executive officer for global consumer  Ashok Vaswani said the acquisition will allow the bank a more aggressive two-fold growth rate in its Philippine operations.


"The acquisition not only expands our franchise in the Philippines, but it actually supports the real regional growth of Citibank," Vaswani said.


                    [DatePublished] => 2005-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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ASHOK VASWANI

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                    [ArticleID] => 270539
                    [Title] => Citibank acquires Insular Savings to expand into low consumer mart
                    [Summary] => Citibank NA, a unit of the US financial giant Citigroup, has expanded into the lower segment of the Philippine banking sector with the acquisition of Insular Savings Bank, a total official said. 


Citibank Asia Pacific chief executive officer for global consumer  Ashok Vaswani said the acquisition will allow the bank a more aggressive two-fold growth rate in its Philippine operations.


"The acquisition not only expands our franchise in the Philippines, but it actually supports the real regional growth of Citibank," Vaswani said.


                    [DatePublished] => 2005-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
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                    [SectionUrl] => business
                    [URL] => 
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abtest

Citibank acquires Insular Savings to expand into low consumer mart

By Ted P. Torres | March 16, 2005 - 12:00am

Citibank NA, a unit of the US financial giant Citigroup, has expanded into the lower segment of the Philippine banking sector with the acquisition of Insular Savings Bank, a total official said. Citibank Asia Pacific...

Business