Philippine Business Bank capital stock hike OK'd

By Brix Lelis

Mar 28, 2024 12:18 am

THE Bangko Sentral ng Pilipinas and the Securities and Exchange Commission (SEC) have approved a P5-billion increase in the authorized capital stock of Philippine Business Bank (PBB).

The central bank greenlit the amendment in the bank's article of incorporation (AoI) in November while the SEC approval was secured last week, PBB told the stock exchange on Wednesday.

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