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BDO Unibank plans to add up to 70 branches in 2017

BDO Unibank Inc. plans to add 50 to 70 branches in 2017 after the completion of its rights offering, Manila Standard reported Jan. 31.

Nestor Tan, the bank's president, said most of the branches will be located outside the country's national capital region.

The executive added that the bank is not planning to make another offering in the next few months.