We bring you another set of broker recommendations for the month of March 2013.
Last time, we wrote about the January 2013 buy-or-sell recommendations of Maybank ATR Kim Eng and CitisecOnline. This time, Maybank ATR Kim Eng, a Malaysian bank that partnered with a Philippine brokerage firm, has more stock updates as of March 11, 2013.
The Philippine Business Bank, a savings bank under the conglomerate of the Zest-O group, is planning to issue shares in an initial public offering (IPO) by the end of 2012 or by the first quarter of 2013.
Last week, the bank filed its application with the Securities and Exchange Commission in a bid to become one of the major players in the local banking industry.
