Filipino bank to sell stake in country’s sole Islamic lender

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Sunday 28, October 2012 by Isla MacFarlane

Filipino bank to sell stake in country’s sole Islamic lender

The Development Bank of the Philippines (DBP) is to sell its stake in the country’s sole Islamic bank, the Al-Amanah Islamic Investment Bank of the Philippines (Al-Amanah), as it does not have the expertise in Islamic finance

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