SEC clears BancNet-PCHC merger

THE SECURITIES and Exchange Commission (SEC) has approved the merger of BancNet, Inc. and Philippine Clearing House Corp. (PCHC), bringing together two of the biggest players in the country’s payments ecosystem. BancNet is the surviving entity in the merger authorized by the Bangko Sentral ng Pilipinas (BSP) earlier this year, the companies said in a […]