UCPB welcomes the lifting of the Supreme Court’s temporary restraining order on former Pres. Benigno S. Aquino III’s Executive Orders Nos. 179 & 180, the company said in a statement.
As announced by DOF Secretary Carlos G. Dominguez III, the government will soon resume the bank’s privatization through a recapitalization program and sale of the government’s majority stake in UCPB. (PR)
Published in the SunStar Cebu newspaper on September 26, 2017.
Latest issues of SunStar Cebu also available on your mobile phones, laptops, and tablets. Subscribe to our digital editions at epaper.sunstar.com.ph and get a free seven-day trial.