BSP okays BPI’s unloading of GoTyme shares

The Bank of the Philippine Islands (BPI) was given the go signal by the Bangko Sentral ng Pilipinas (BSP) to sell its 15-percent stake in Gokongwei-backed GoTyme Bank for P902.47 million. In a disclosure on Thursday, the Zobel family-led company said it had received the notice of approval on Oct. 9. The transaction involved the
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