Amex Offloads Philippines Business

Banco de Oro, the banking business of retail tycoon Henry Sys, has acquired the Philippine consumer banking operations of American Express Bank at an estimated transaction value below PHP2 billion ($0.04....

Click to view the full article


By: Chris Owen
August 20, 2007
Banco de Oro, the banking business of retail tycoon Henry Sys, has acquired the Philippine consumer banking operations of American Express Bank at an estimated transaction value below PHP2 billion ($0.04....