Bank of the Philippine Islands (PSE:BPI) is interested in buying Citigroup Inc. (NYSE:C) 's retail business in the Southeast Asian nation as the country's oldest lender girds for lending pickup after the pandemic, President TG Limcaoco said. “We have told them that as soon as there is any information, we will take a look at it and most likely, we will be interested,” he said at a briefing, referring to Citigroup's retail banking business. “We have sufficient capital to fund it internally” should an investment happen, said Limcaoco, who took over from Cezar Consing on April 22, 2021.

Citi to Exit Retail Banking in 13 Markets Across Asia, Europe.