The chairman of the bored | John Mangun

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“Boring: Something so uninteresting that it makes people tired and impatient, causing weariness through lack of excitement. Synonyms—dull, tedious, repetitious, mind-numbing, Philippine Stock Exchange.” Know more:

“Boring: Something so uninteresting that it makes people tired and impatient, causing weariness through lack of excitement. Synonyms—dull, tedious, repetitious, mind-numbing, Philippine Stock Exchange.”

There was some chatter that the stocks of these two financial institutions were booming. Two points. To call either of them “financial institutions” by the 21st century definition is a big exaggeration. They are banks; traditional, conservative banks that take deposits and lend money. Philippine financial institutions make their money from the spread between low deposit rates and relatively high lending rates, not to mention the zillion “few pesos” from ATM transactions that we all make every day.

Source: Car News Wire (carnewswire.net)

 

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