PHILIPPINES PRESS-PBCom eyes controlling stake in United Coconut Planters Bank - Inquirer

Sun Jun 29, 2014 8:17pm EDT

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Mid-sized Philippine Bank of Communications is looking to bid for a controlling stake in unlisted United Coconut Planters Bank, which is run and controlled by the government, and beef up capital to fund future expansion, the Philippine Daily Inquirer newspaper quoted a major shareholder of PBCom as saying.

(bit.ly/1jAHQfK)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Subhranshu Sahu)

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