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Published on 11/26/2013 in the Prospect News Emerging Markets Daily.

Philippines' Security Bank plans up to PHP 15 billion negotiable CDs

By Marisa Wong

Madison, Wis., Nov. 26 - Security Bank Corp. plans to offer up to PHP 15 billion of long-term negotiable certificates of deposit. The proposed issuance was approved by the bank's board of directors on Tuesday, according to a notice delivered to the Philippine Stock Exchange.

The bank is based in Makati City, Philippines.


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