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                    [ArticleID] => 181151
                    [Title] => EIB to rationalize subsidiaries
                    [Summary] => Export and Industry Bank (EIB) will look into the state of its subsidiaries in a move to assess and rationalize their continued operations as the bank streamlines its focus on profitable ventures.


In a letter to the Philippine Stock Exchange, EIB said the rationalization of its various subsidiaries and affiliates started upon the takeover and merger of EIB, Urban Bank Inc. and Urbancorp Investments Inc. last year, and was led by the sale of its travel agency Urbancorp Travel Services Inc. to the Unilab Group in December 2001.


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CEBU DEVELOPMENT BANK

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                    [ArticleID] => 181151
                    [Title] => EIB to rationalize subsidiaries
                    [Summary] => Export and Industry Bank (EIB) will look into the state of its subsidiaries in a move to assess and rationalize their continued operations as the bank streamlines its focus on profitable ventures.


In a letter to the Philippine Stock Exchange, EIB said the rationalization of its various subsidiaries and affiliates started upon the takeover and merger of EIB, Urban Bank Inc. and Urbancorp Investments Inc. last year, and was led by the sale of its travel agency Urbancorp Travel Services Inc. to the Unilab Group in December 2001.


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abtest

EIB to rationalize subsidiaries

October 24, 2002 - 12:00am

Export and Industry Bank (EIB) will look into the state of its subsidiaries in a move to assess and rationalize their continued operations as the bank streamlines its focus on profitable ventures. In a letter to...

Business