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Philippines: BSP sees more mergers, acquisitions

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) expects to see more bank mergers and acquisitions after financial regulators agreed to streamline the processing of applications. In his weekly virtual press conference, BSP Governor Benjamin Diokno said monetary authorities are processing five applications, including four for mergers and consolidation and one for acquisition. “There […]

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