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Home.forex news reportCSC Holdings to buy stake in CS Bank of the Philippines for...

CSC Holdings to buy stake in CS Bank of the Philippines for US$13 million

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Hong Kong-listed CSC Holdings, chaired by former Hang Seng Bank CEO Raymond Or Ching-fai, will buy a stake in Citystate Savings Bank (CS Bank) of the Philippines for 736 million pesos (US$13 million), in an effort to expand into Southeast Asia's financial markets.
On Monday, CSC said it would buy…



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