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Salmon rural bank gets P400-M capital injection
Business Mirror
|March 05, 2026
THE Salmon Bank (Rural Bank) Inc. announced it has secured an additional capital injection of P400 million from its controlling shareholder, Salmon Group Ltd.
With this investment, the rural bank's equity capital would reach P1.6 billion while the total capital invested by Salmon Group would reach P1.3 billion.
The capital injection is expected to be completed by the end of March, the bank said through a statement it issued last Tuesday.
The rural lender added that the additional investment will strengthen the bank's equity base to support its "continued asset growth as well as the rollout of new products which are integral to its expanding banking platform."
This story is from the March 05, 2026 edition of Business Mirror.
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