The Philippine Islands' Ayala-led bank (BPI) is keen on bidding for Citi's Philippine consumer and retail banking business, which it plans to exit as part of a global downsizing program.BPI Chairman Teodoro Limcaoco said at a press conference on Thursday (April 22) that BPI would “review” as soon as Citi's divestment was made, adding that BPI had a “always admirer” of Citi's retail business.
Given such an สล็อต opportunity, he said, BPI would have enough capital to take on Citi's domestic assets.It's a great franchise," said Limcaoco. We watched it all along, but we never believed Citibank would give up the Philippines," he said.And unfortunately for our colleagues in Citibank. (Leaving the Philippines business) is a global decision,
Limcaoco said. It's a great business, ”he added.Citi plans to exit the consumer franchise in 13 jurisdictions: Australia, Bahrain, China, India, Indonesia, Korea, Malaysia, Philippines, Poland, Russia, Taiwan, Thailand and Vietnam. It will put the institution's business in these markets.