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                    [ArticleID] => 294155
                    [Title] => UBP eyes remittance business
                    [Summary] => Despite its unsuccessful bid to acquire the Philipppine National Bank (PNB), the Union Bank of the Philippines (Union Bank) will pursue its aggressive bid to capture a slice of the overseas Filipino workers (OFWs) remittance business.


Along with the Avenue Asia Group,  they made a bid for PNB through a public bidding which was perceived as biased in favor of the Lucio Tan Group (LTG). Since it partnered with the government to save PNB, taipan Lucio Tan was granted the right to first refusal for the former government financial institution (GFI).


                    [DatePublished] => 2005-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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PHILIPPPINE NATIONAL BANK

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                    [ArticleID] => 294155
                    [Title] => UBP eyes remittance business
                    [Summary] => Despite its unsuccessful bid to acquire the Philipppine National Bank (PNB), the Union Bank of the Philippines (Union Bank) will pursue its aggressive bid to capture a slice of the overseas Filipino workers (OFWs) remittance business.


Along with the Avenue Asia Group,  they made a bid for PNB through a public bidding which was perceived as biased in favor of the Lucio Tan Group (LTG). Since it partnered with the government to save PNB, taipan Lucio Tan was granted the right to first refusal for the former government financial institution (GFI).


                    [DatePublished] => 2005-08-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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abtest

UBP eyes remittance business

August 30, 2005 - 12:00am

Despite its unsuccessful bid to acquire the Philipppine National Bank (PNB), the Union Bank of the Philippines (Union Bank) will pursue its aggressive bid to capture a slice of the overseas Filipino workers (OFWs)...

Banking