Finance chief says Marcos backs proposed merger of Landbank, DBP

ABS-CBN News

Posted at Mar 29 2023 12:18 AM

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The Philippine government proposes a merger of two major state-owned banks to form what would become the country’s largest bank in terms of assets.

The idea is opposed by a senator who fears it will result in a super monopoly. - The World Tonight, ANC, March 28, 2023