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BSP approves the Plan of Merger and Articles of Merger between PNB and Allied Bank

The Philippine National Bank (PNB) received today an advice from the Bangko Sentral ng Pilipinas (BSP) under Monetary Board of Resolution No. 1270 dated August 2, 2012, approving the Plan of Merger and Articles of Merger of the Philippine National Bank (PNB) and Allied Banking Corporation (ABC).
PNB is the surviving entity.

The merger, however, is still subject, among others, to the final approval of the Securities and Exchange Commission (SEC).
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"BSP approves the Plan of Merger and Articles of Merger between PNB and Allied Bank" was written by Mary under the Banking category. It has been read 2908 times and generated 0 comments. The article was created on and updated on 14 August 2012.
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