CIMB Is Said to Attract BPI, Metrobank for Philippine Unit Sale

CIMB Group Holdings Bhd. is selling its Philippine banking unit, with Bank of the Philippine Islands and Metropolitan Bank & Trust Co. among the interested buyers, according to Reuters reporting on the transaction process. The sale involves CIMB's existing operations in the Philippines. The identities of other potential bidders have not been publicly disclosed.

• Bloomberg — CIMB Is Said to Attract BPI, Metrobank for Philippine Unit Sale

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