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Philippine banks IT spending to grow ahead of regional peers

Aggregated Source: ChinaTechNews.com
April 17, 2008|

By Victoria Ho, ZDNet Asia Philippine banks are on track to spend some US$338 million on IT and related financial technology this year, according to research firm Financial Insights. A report released by Financial Insights predicts banks' IT spending will grow by a compound annual growth rate (CAGR) of 8.5 percent from 2007 to 2010. Michael Araneta, senior [...]

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