Select a page

Banking News

Philippines Equitable PCI sells no-frills unit

Philippines Equitable PCI sells no-frills unit

(Philippines) - The Philippines' third largest bank, Equitable PCI Bank, will sell its no-frills unit, Ecology Savings Bank, to East West Banking Corp. The two parties have not revealed a sale price.

East West is majority owned by leading investment group Filinvest Development Corp.

Comment on this article

 

Your comments will not be published. Required fields are marked *

 

Please enter the word you see in the image below:


Subscribe

Subscribe to our mailing list

Sign up now to keep up-to-date with the latest
market news and insights in B2B banking.

* indicates required

For more information please read our Terms and Conditions and Privacy Statements.