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Bank sale triples Robinsons Retail earnings to P7.8B

By Inquirer - 4 weeks ago
Supermarket and specialty retailer Robinsons Retail Holdings Inc. (RRHI) saw its earnings in the first nine months of the year triple to P7.81 billion on gains from the sale of its banking unit to the Ayala group. Bank of the Philippine Islands (BPI) officially took over Robinsons Bank last January through a P32-billion transaction. Without

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