Possible Landbank, DBP IPO seen as a good move

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9 months ago

MANILA, Philippines An initial public offering (IPO) would be credit positive for both Land Bank of the Philippines (Landbank) and Development Bank of the Philippines (DBP), according to Fitch Ratings. But the global credit watcher, in an emailed answer to questions from the Inquirer, said the Philippine government must keep its controlling stake in the

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