BDO Acquires Rural Bank of Pandi

BDO Unibank Inc. (BDO), through its subsidiary One Network Bank Inc. (ONB), has signed an agreement with Rural Bank of Pandi Inc. (RBPI) for the acquisition of the latter’s banking business in Bulacan. The transaction is seen to provide ONB a stronger presence in the province and fast track its expansion in Central Luzon, one […]
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TPG Growth to Acquire 40% Stake in BDO Subsidiary One Network Bank

Makati—(PHStocks)—TPG Growth, the middle market and growth equity investment platform of TPG, today announced an agreement with BDO Unibank Inc. (PSE: BDO), to acquire a 40 percent stake in One Network Bank (ONB). Based in Davao, ONB is the rural bank subsidiary of BDO, with more than 100 branches and offices. Following the transaction, BDO will retain approximately 60 […]
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