BRUCE BIRMINGHAM

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                    [ArticleID] => 98995
                    [Title] => Metrobank completes Solidbank deal
                    [Summary] => 

Metropolitan Bank & Trust Co. (Metrobank) shelled out yesterday P3.9
billion in cash as payment for the 40 percent stake of Bank of Nova Scotia
(Scotiabank) in Solid Bank, bank officials said.

The transaction completed Metrobank's bid to acquire 91 percent of Solid Bank
and effect a merger between the two institutions.
                    [DatePublished] => 2000-05-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1197311
                    [AuthorName] => by Jun Ebias
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Metrobank completes Solidbank deal

By by Jun Ebias | May 11, 2000 - 12:00am

Metropolitan Bank & Trust Co. (Metrobank) shelled out yesterday P3.9 billion in cash as payment for the 40 percent stake of Bank of Nova Scotia (Scotiabank) in Solid Bank, bank officials said. The transaction...

Business