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                    [ArticleID] => 1224181
                    [Title] => Feng Shui Creative Accounting!
                    [Summary] => 
Today you will discover how to improve cash flows, collections and net asset values by the son of a renowned Comptroller of Caltex Phils., the late Arturo E. Dalumpines — yours truly.

                    [DatePublished] => 2013-09-18 00:00:00
                    [ColumnID] => 135028
                    [Focus] => 0
                    [AuthorID] => 1316915
                    [AuthorName] => Fengshui Master Aldric V. Dalumpines
                    [SectionName] => Freeman Cebu Lifestyle
                    [SectionUrl] => cebu-lifestyle
                    [URL] => 
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                    [ArticleID] => 385123
                    [Title] => Bancommerce eyes 50% earnings growth this year
                    [Summary] => 



Medium-sized Bank of Commerce is targeting a 50 percent earnings growth to P894 million this year to stay on track of a P2.2-billion income goal by 2009, a top bank official said yesterday.


Last year, Bancommerce  recorded a net income of P596 million. 


"The bank also recorded a return on equity of 14 percent, which was good enough to rank Bancommerce among the top 10 commercial banks in this category," said Raul B. de Mesa, BanCommerce president and chief executive officer.


                    [DatePublished] => 2007-02-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 368738
                    [Title] => BanCommerce seen surpassing 2006 income target
                    [Summary] => 



The Bank of Commerce (BanCommerce) is confident of surpassing its 2006 net income target of P370 million. In fact, the bank expects earnings to reach P400 million by yearend.


Initial reports indicate that as of end October, it has already breached the P380-million level.


In 2005, earnings hit a record P422 million from P129.5 million in 2004, and P155 million the year before. 


                    [DatePublished] => 2006-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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                    [ArticleID] => 262766
                    [Title] => Bancommerce, RCBC scramble to beat Sept deadline for SPVs
                    [Summary] => Nearing the September deadline, the Bank of Commerce (Bancommerce) and Rizal Commercial Banking Corp. (RCBC) are speeding up the sale of their bad assets and forming their respective special purpose vehicles (SPVs) to avail of tax incentives from the government.


RCBC officials said they will likely put up two or three SPVs following the initial sale of P3.9-billion worth of its non-performing loans (NPLs) to Lehman Brothers. 


                    [DatePublished] => 2004-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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ARTURO E

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                    [ArticleID] => 1224181
                    [Title] => Feng Shui Creative Accounting!
                    [Summary] => 
Today you will discover how to improve cash flows, collections and net asset values by the son of a renowned Comptroller of Caltex Phils., the late Arturo E. Dalumpines — yours truly.

                    [DatePublished] => 2013-09-18 00:00:00
                    [ColumnID] => 135028
                    [Focus] => 0
                    [AuthorID] => 1316915
                    [AuthorName] => Fengshui Master Aldric V. Dalumpines
                    [SectionName] => Freeman Cebu Lifestyle
                    [SectionUrl] => cebu-lifestyle
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                    [ArticleID] => 385123
                    [Title] => Bancommerce eyes 50% earnings growth this year
                    [Summary] => 



Medium-sized Bank of Commerce is targeting a 50 percent earnings growth to P894 million this year to stay on track of a P2.2-billion income goal by 2009, a top bank official said yesterday.


Last year, Bancommerce  recorded a net income of P596 million. 


"The bank also recorded a return on equity of 14 percent, which was good enough to rank Bancommerce among the top 10 commercial banks in this category," said Raul B. de Mesa, BanCommerce president and chief executive officer.


                    [DatePublished] => 2007-02-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 368738
                    [Title] => BanCommerce seen surpassing 2006 income target
                    [Summary] => 



The Bank of Commerce (BanCommerce) is confident of surpassing its 2006 net income target of P370 million. In fact, the bank expects earnings to reach P400 million by yearend.


Initial reports indicate that as of end October, it has already breached the P380-million level.


In 2005, earnings hit a record P422 million from P129.5 million in 2004, and P155 million the year before. 


                    [DatePublished] => 2006-11-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 262766
                    [Title] => Bancommerce, RCBC scramble to beat Sept deadline for SPVs
                    [Summary] => Nearing the September deadline, the Bank of Commerce (Bancommerce) and Rizal Commercial Banking Corp. (RCBC) are speeding up the sale of their bad assets and forming their respective special purpose vehicles (SPVs) to avail of tax incentives from the government.


RCBC officials said they will likely put up two or three SPVs following the initial sale of P3.9-billion worth of its non-performing loans (NPLs) to Lehman Brothers. 


                    [DatePublished] => 2004-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Feng Shui Creative Accounting!

By Fengshui Master Aldric V. Dalumpines | September 18, 2013 - 12:00am

Today you will discover how to improve cash flows, collections and net asset values by the son of a renowned Comptroller of Caltex Phils., the late Arturo E. Dalumpines — yours truly.

Freeman Cebu Lifestyle

Bancommerce eyes 50% earnings growth this year

By Ted P. Torres | February 15, 2007 - 12:00am

Medium-sized Bank of Commerce is targeting a 50 percent earnings growth to P894 million this year to stay on track of a P2.2-billion income goal by 2009, a top bank official said yesterday. Last year, Bancommerce...

Business

BanCommerce seen surpassing 2006 income target

By Ted P. Torres | November 14, 2006 - 12:00am

The Bank of Commerce (BanCommerce) is confident of surpassing its 2006 net income target of P370 million. In fact, the bank expects earnings to reach P400 million by yearend. Initial reports indicate that...

Banking

Bancommerce, RCBC scramble to beat Sept deadline for SPVs

By Ted P. Torres | August 27, 2004 - 12:00am

Nearing the September deadline, the Bank of Commerce (Bancommerce) and Rizal Commercial Banking Corp. (RCBC) are speeding up the sale of their bad assets and forming their respective special purpose vehicles (SPVs)...

Business