PNB nets P3.68B from sale

By Mayvelin U. Caraballo

Apr 24, 2022 12:14 am

PHILIPPINE National Bank (PNB) has secured P3.68 billion in fresh funds following the successful bidding out of its foreclosed property in the Manila Harbour Centre.

In a statement on Saturday, it said International Container Terminal Services Inc., a listed port operator, was named the winner of the competitive bidding. The property is categorized by the bank as real and other properties acquired, or more often known as acquired properties.

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