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                    [Title] => HSBC eyes other local banks
                    [Summary] => The Hongkong Shanghai Banking Corp. (HSBC) is still interested in buying other local banks after it finalized the purchase of PCIB Savings Bank for P1.1 billion, a bank official said yesterday.


"It depends on the opportunity. But we are still open to opportunities," HSBC treasury head John McGowan said.


McGowan said their acquisition of PCIB Savings would be completed by Dec. 29 this year paving the way for the start of operations of PCIB Savings as HSBC Savings Bank (Philippines) by January next year.


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                    [ArticleID] => 98084
                    [Title] => HSBC eyes other local banks
                    [Summary] => The Hongkong Shanghai Banking Corp. (HSBC) is still interested in buying other local banks after it finalized the purchase of PCIB Savings Bank for P1.1 billion, a bank official said yesterday.


"It depends on the opportunity. But we are still open to opportunities," HSBC treasury head John McGowan said.


McGowan said their acquisition of PCIB Savings would be completed by Dec. 29 this year paving the way for the start of operations of PCIB Savings as HSBC Savings Bank (Philippines) by January next year.


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HSBC eyes other local banks

November 30, 2000 - 12:00am

The Hongkong Shanghai Banking Corp. (HSBC) is still interested in buying other local banks after it finalized the purchase of PCIB Savings Bank for P1.1 billion, a bank official said yesterday. "It depends...

Business