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BDO Unibank, Inc. (BDO) entered into a memorandum of agreement, as amended, with the Rural Bank of San Juan, Inc. (RBSJI), for the acquisition by BDO of all recorded assets and assumption of all recorded liabilities of
Rural Bank of San Juan, Inc.
The Monetary Board has given its approval, and the Philippine Deposit Insurance has given its consent, to the consolidation of the banking business of RBSJI into BDO subject to certain conditions. The transaction will be completed no later than July 31, 2012 upon compliance with the closing conditions under the agreement. - https://www.affordablecebu.com/
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