By: Tien Yu-pin and Kuo Chung-han
Taipei, Dec. 15 (CNA) First Bank will open its first Philippine branch in the capital Manila on Friday, a
statement from the bank indicated on Thursday.
The Southeast Asian country has worked on infrastructure and fiscal reform and is likely to enjoy sustained medium to high economic growth, said the bank.
The Manila branch will initially provide savings, loans, trade finance and currency exchange services, the bank added.
First Bank has branches in Cambodia, Laos, Myanmar, Singapore, Thailand and Vietnam in Southeast Asia.