BPI eyes larger share of Fil-Chinese market

By Eireene Jairee Gomez

Jan 18, 2023 12:40 am

AYALA-LED Bank of the Philippine Islands (BPI) is looking to make inroads into the Filipino-Chinese market dominated by bigger rivals via its planned merger with Gokongwei-owned Robinsons Bank Corp. (RBC).

The deal — announced last September and still subject to regulatory approvals — was green-lit by BPI shareholders during a special stockholders meeting on Tuesday. BPI will be the surviving entity.

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