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                    [Title] => Citigroup invests add’l P3B in RP operations
                    [Summary] => Global financial services company Citigroup  will increase its foreign direct investment in the Philippines by close to P3 billion. 


This will bring Citigroup’s equity investment in the Philippines  to approximately P7.6 billion and will allow Citigroup to have a total regulatory capital of up to P38 billion as provided for in Bangko Sentral ng Pilipinas’ Manual of Regulations on foreign bank capitalization. 


                    [DatePublished] => 2004-05-05 00:00:00
                    [ColumnID] => 133272
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ASIA PACIFIC BANKING INSTITUTE

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                    [Title] => Citigroup invests add’l P3B in RP operations
                    [Summary] => Global financial services company Citigroup  will increase its foreign direct investment in the Philippines by close to P3 billion. 


This will bring Citigroup’s equity investment in the Philippines  to approximately P7.6 billion and will allow Citigroup to have a total regulatory capital of up to P38 billion as provided for in Bangko Sentral ng Pilipinas’ Manual of Regulations on foreign bank capitalization. 


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abtest

Citigroup invests add’l P3B in RP operations

May 5, 2004 - 12:00am

Global financial services company Citigroup will increase its foreign direct investment in the Philippines by close to P3 billion. This will bring Citigroup’s equity investment in the Philippines to approximately...

Business