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Philippines’ Security Bank gets OK for PHP 20 billion negotiable CDs
By Marisa Wong
Morgantown, W.Va., June 4 – Security Bank Corp. said the Bangko Sentral ng Pilipinas has approved its proposed issuance of up to PHP 20 billion of long-term negotiable certificates of time deposit.
The Makati City, Philippines-based bank’s board of directors approved the issuance in March, as previously reported.
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