( October 24, 2025, 07:30 GMT | Official Statement) -- MLex Summary: The Philippine Competition Commission has approved MUFG Bank's acquisition of a minority stake in Japan-based consumer finance firm JACCS, concluding that the deal would not substantially lessen competition. The review, finalized on Aug. 12, found that the combined market share of MUFG Bank and JACCS in unsecured cash loans and large motorcycle financing remains limited. The PCC cited the presence of alternative lenders, interest rate caps, and the growing availability of digital financing platforms as factors maintaining competitive pressure. The transaction supports both firms' strategic growth while preserving market competition in consumer finance.The full report is as follows:...

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