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                    [Title] => PBCom acquires Consumer Savings
                    [Summary] => The Philippine Bank of Communications (PBCom) has strengthened its position in the banking industry with the acquisition of Consumer Savings Bank from RFM Corp. for P511.5 million.


In a disclosure to the Philippine Stock Exchange, PBCom president and CEO Isidro Alcantara Jr. said the bank’s board of directors had approved the purchase of 100 percent of the outstanding capital stock of Consumer Savings Bank, subject to the approval of its shareholders and the regulatory authorities like the Bangko Sentral ng Pilipinas and the Securities and Exchange Commission.


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                    [ColumnID] => 133272
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COSMOS BOTTLING AND SELECTA DAIRY PRODUCTS

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                    [ArticleID] => 98662
                    [Title] => PBCom acquires Consumer Savings
                    [Summary] => The Philippine Bank of Communications (PBCom) has strengthened its position in the banking industry with the acquisition of Consumer Savings Bank from RFM Corp. for P511.5 million.


In a disclosure to the Philippine Stock Exchange, PBCom president and CEO Isidro Alcantara Jr. said the bank’s board of directors had approved the purchase of 100 percent of the outstanding capital stock of Consumer Savings Bank, subject to the approval of its shareholders and the regulatory authorities like the Bangko Sentral ng Pilipinas and the Securities and Exchange Commission.


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abtest

PBCom acquires Consumer Savings

October 27, 2000 - 12:00am

The Philippine Bank of Communications (PBCom) has strengthened its position in the banking industry with the acquisition of Consumer Savings Bank from RFM Corp. for P511.5 million. In a disclosure to the Philippine...

Business