EastWest to acquire Finman Rural Bank

By MADELAINE B. MIRAFLOR

Jun 22, 2012 12:00 am

East West Banking Corp. received on Thursday the approval of Bangko Sentral ng Pilipinas (BSP) to acquire up to 100 percent of the outstanding shares of Finman Rural Bank Inc.

In a disclosure to the Philippine Stock Exchange, EastWest said that the purchase will be for a consideration of P42 million.

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