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PNB submits an application to BSP & PDIC for the merger of Allied Bank with PNB

To Philippine National Bank's disclosure on March 6, 2012 on the stockholders' approval of the Amended Plan of Merger between the Philippine National Bank (PNB) and Allied Banking Corporation (Allied Bank), PNB wish to advise that on March 26, 2012, they submitted to the Bangko Sentral ng Pilipinas (BSP) and the Philippine Deposit Insurance Corporation (PDIC) their application for the merger of Allied Bank and PNB as the surviving bank.
About Philippine National Bank (PNB)

Philippine National Bank (PNB) was incorporated on July 22, 1916 to engage in the general commercial banking business.

PNB provides a full range of banking and other financial services to corporate, middle-market, small-medium enterprises and retail customers, as well as the national government, government agencies, local government units and government-owned and controlled corporations. PNB's principal commercial banking activities include deposit-taking, lending, trade financing, bills discounting, fund transfers/remittance servicing, asset management, treasury operations, and comprehensive trust and retail banking services.
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"PNB submits an application to BSP & PDIC for the merger of Allied Bank with PNB" was written by Mary under the Banking category. It has been read 1768 times and generated 0 comments. The article was created on and updated on 27 March 2012.
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