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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 353347 [Title] => RCBC sells P130M worth of foreclosed assets [Summary] => The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) has disposed of P130-million worth of foreclosed assets in two public auctions.
The successful sale held two weeks ago encouraged the bank to proceed with more asset sales not only in Metro Manila but also in key cities across the country.
The ROPAs are 50 properties from its inventory of acquired residential and commercial lots in greater Manila area. Real estate service provider CB Richard Ellis is the auction manager for most of its foreclosed assets.
[DatePublished] => 2006-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 349219 [Title] => RCBC selling P300-M worth of ROPAs [Summary] => The Rizal Commercial Banking Corp. (RCBC) will hold its second round of asset sale worth P300 million of foreclosed real estate properties next month. Real estate service provider CB Richard Ellis will serve as auction manager.
RCBC senior vice president and Asset Management Group head Adeline Carbonell said the auctions are part of the banks strategies to liquidate its inventory of real and other properties acquired (ROPAs). Other asset disposal schemes are public sealed bidding, SPVs and joint venture arrangements.
[DatePublished] => 2006-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 332507 [Title] => RCBC to dispose of P300-M bad assets [Summary] => The Yuchengco-controlled Rizal Commercial and Banking Corp. (RCBC) is disposing of P300 million worth of real or other properties acquired (ROPA) through a public auction, enlisting the services of real estate consultancy firm CB Richard Ellis (CBRE) as auction manager.
RCBC senior vice president and asset management group head Adeline Carbonell said the auction, scheduled on May 18, is the first in a series of public auctions to liquidate the banks inventory of ROPA.
[DatePublished] => 2006-04-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ADELINE CARBONELL
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 353347 [Title] => RCBC sells P130M worth of foreclosed assets [Summary] => The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) has disposed of P130-million worth of foreclosed assets in two public auctions.
The successful sale held two weeks ago encouraged the bank to proceed with more asset sales not only in Metro Manila but also in key cities across the country.
The ROPAs are 50 properties from its inventory of acquired residential and commercial lots in greater Manila area. Real estate service provider CB Richard Ellis is the auction manager for most of its foreclosed assets.
[DatePublished] => 2006-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 349219 [Title] => RCBC selling P300-M worth of ROPAs [Summary] => The Rizal Commercial Banking Corp. (RCBC) will hold its second round of asset sale worth P300 million of foreclosed real estate properties next month. Real estate service provider CB Richard Ellis will serve as auction manager.
RCBC senior vice president and Asset Management Group head Adeline Carbonell said the auctions are part of the banks strategies to liquidate its inventory of real and other properties acquired (ROPAs). Other asset disposal schemes are public sealed bidding, SPVs and joint venture arrangements.
[DatePublished] => 2006-07-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 332507 [Title] => RCBC to dispose of P300-M bad assets [Summary] => The Yuchengco-controlled Rizal Commercial and Banking Corp. (RCBC) is disposing of P300 million worth of real or other properties acquired (ROPA) through a public auction, enlisting the services of real estate consultancy firm CB Richard Ellis (CBRE) as auction manager.
RCBC senior vice president and asset management group head Adeline Carbonell said the auction, scheduled on May 18, is the first in a series of public auctions to liquidate the banks inventory of ROPA.
[DatePublished] => 2006-04-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | August 17, 2006 - 12:00am
July 25, 2006 - 12:00am
By Ted P. Torres | April 21, 2006 - 12:00am
Recommended
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
1 day ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
2 days ago
The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
2 days ago
Two days after a Cadillac Escalade entered the EDSA busway and nearly hit a traffic enforcer, with the passenger giving the enforcers the dirty finger as the sport utility vehicle sped away, the Land Transportation Office has yet to trace the owner of the SUV.
3 days ago
The luxury Sports Utility Vehicle caught illegally traversing the EDSA bus lane could be one of only 24 vehicles of its kind in the Philippines, according to Sen. Raffy Tulfo.
3 days ago
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Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66