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                    [ArticleID] => 345356
                    [Title] => Philam Savings Bank buys AIG card business
                    [Summary] => Philam Savings Bank has acquired AIG Credit Card Co. in a bid to expand its market base in the card industry which has a potential market of another five to six million. Presently, the credit card base stood at almost five million.


The surviving entity will be named AIG Philam Savings Bank with combined resources of over P10 billion and authorized capital to reach P800 million.


                    [DatePublished] => 2006-07-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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CONSUMER FINANCE GROUP AND PHILIPPINE AMERICAN LIFE AND GENERAL INSURANCE CO

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                    [ArticleID] => 345356
                    [Title] => Philam Savings Bank buys AIG card business
                    [Summary] => Philam Savings Bank has acquired AIG Credit Card Co. in a bid to expand its market base in the card industry which has a potential market of another five to six million. Presently, the credit card base stood at almost five million.


The surviving entity will be named AIG Philam Savings Bank with combined resources of over P10 billion and authorized capital to reach P800 million.


                    [DatePublished] => 2006-07-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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abtest

Philam Savings Bank buys AIG card business

July 4, 2006 - 12:00am

Philam Savings Bank has acquired AIG Credit Card Co. in a bid to expand its market base in the card industry which has a potential market of another five to six million. Presently, the credit card base stood at almost...

Banking