Three AIG units in RP sold

MAKATI CITY Philippines - A commercial bank owned by the low-key Andrew Gotianun landed three Philippine units of the beleaguered insurance giant the American International Group. The sale of AIG Philam Savings Bank including its two subsidiaries – Philam Auto Finance & Leasing Inc. and PFL Holdings Inc. - to the EastWest Banking Corp. cost 2 billion pesos ($42.2 million) according to informed sources . . .

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