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BPI eyes full integration of RBC into its system in 12-18 months

BPI eyes full integration of RBC into its system in 12-18 months
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Gokongwei opts for BPI stake than scaling up RBC

The Gokongwei Group has opted to sell Robinsons Bank Corporation (RBC) for a 6 percent stake in Bank of the Philippine Islands (BPI) to spare itself the burden of raising a huge amount of capital to scale it up. “We reviewed our strategic options to determine its future and we are cognizant that b

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