Securities and Exchange Commission (SEC) Approves Rang-ay Bank’s Capital Hike to 1Billion Pesos
As part of Rang-ay Bank’s strengthening program and to support its long-term expansion plans, the bank to increased its authorized capital stock from Php 500 million to Php 1 billion. The increase in authorized capital stock is a significant milestone in the bank’s journey. The capital increase is expected to provide the financial headroom necessary …