Security Bank hikes offering of negotiable time deposit certificates
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Security Bank hikes offering of negotiable time deposit certificates

Manila : Philippines | Aug 02, 2012 at 4:58 AM PDT
Source: Inquirer.net
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While they cannot be pre-terminated unlike regular time deposits, they are negotiable so they can be sold in the secondary market to other investors. This fund-raising, the bank said, was in anticipation of a surge in credit demand.   In the first semester of the year, Security Bank grew its loan book... FULL ARTICLE AT Inquirer.net
 
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