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Published on 8/3/2006 in the Prospect News Emerging Markets Daily.

Philippine National Bank ups size of tier II issuance to PHP 5.5 billion

By Reshmi Basu

New York, Aug. 3 - Manila-based Philippine National Bank said it has received approval from its board of directors to increase the size of its proposed issuance of lower tier II debt to PHP 5.5 billion from PHP 5 billion.

The issuance is subject to the approval of the central bank of the Philippines.


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