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                    [Summary] => Banco de Oro Universal Bank (BDO) will raise P8.3 billion through a combination debt and rights offerings for the acquisition cost of the 27 percent shareholdings of the Social Security System (SSS) in Equitable PCI Bank.


A top BDO official said the bank’s board of directors and major stakeholders had already given their approval of the proposed capital raising schemes.


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CHINA BANK CORP

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                    [Summary] => Banco de Oro Universal Bank (BDO) will raise P8.3 billion through a combination debt and rights offerings for the acquisition cost of the 27 percent shareholdings of the Social Security System (SSS) in Equitable PCI Bank.


A top BDO official said the bank’s board of directors and major stakeholders had already given their approval of the proposed capital raising schemes.


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abtest

Quick takes from around the market

April 29, 2022 - 9:00am

It's here!

Stock Commentary

Banco de Oro to raise P8.3B for purchase of SSS stake in EPCIB

By Ted P. Torres | June 26, 2004 - 12:00am

Banco de Oro Universal Bank (BDO) will raise P8.3 billion through a combination debt and rights offerings for the acquisition cost of the 27 percent shareholdings of the Social Security System (SSS) in Equitable...

Business