Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Union Bank of the Philippines and the ATRAM Group have pushed ahead with a merger agreement that resulted in the bank's acquisition of 27.5% stake in the asset management firm."Upon completion of the transaction, UnionBank will hold a 27.5% ownership stake in ATR Asset Management Inc. , while existing ATRAM shareholders will retain the remaining 72.5%," a statement by the two companies said.
“By integrating UnionBank’s digital expertise with ATRAM’s innovative asset management solutions, the partnership aims to provide clients with a diverse range of high-quality financial products,” the statement also said. UnionBank is a pioneer in digital banking and serves over 15 million banking clients, while ATRAM democratized investing by providing access to over two million retail investors through its digital platforms and partnerships.
ATRAM Asset Management Merger Bank Finance
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Red Cross calls for protection of medical workers in LebanonLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Meta's Facebook, Instagram back up for most users in US after outage, Downdetector showsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
UK calls for restraint after China's military drills around TaiwanLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Easterlies to bring cloudy skies, rains over eastern sections of Luzon, VisayasLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Sean 'Diddy' Combs accused of sexual abuse in six new lawsuitsLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Canada expels top India diplomats, links them to murder of Sikh leaderLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »