Array
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    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 231921
                    [Title] => Only 13 banks seek perks under SPV Act
                    [Summary] => Only 13 banks so far have sought eligibility for incentives under the Special Purpose Vehicle law, with transactions amounting to only a little over P6 billion so far approved by the Bangko Sentral ng Pilipinas (BSP).


The BSP reported that it has issued certificates of eligibility to four banks for dacion en pago and the sale of real and other properties owned or acquired (ROPOA) assets to individual buyers.


                    [DatePublished] => 2003-12-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 222759
                    [Title] => Metrobank repackages sale of bad loans to Rabobank of Netherlands
                    [Summary] => Metropolitan Bank and Trust Co. (Metrobank) is repackaging the planned sale of its bad loans to Rabobank of the Netherlands and will re-apply it  for approval by the Bangko Sentral ng Pilipinas (BSP) under the new Special Purpose Vehicles Act. 


The transaction is expected to be the first to make it through under the new law and sources said Metrobank was close to polishing the deal with Rabobank in order to apply for incentives. 


                    [DatePublished] => 2003-10-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 219850
                    [Title] => Individual buyers snap up P5B worth of non-performing assets of banks
                    [Summary] => Local banks, hoping to avail themselves of the incentives under the Special Purpose Vehicle Act (SPVA), have applied for the transfer of about P5.112 billion worth of non-performing assets to individual buyers. 


According to the Bangko Sentral ng Pilipinas (BSP), two special purpose vehicles have been set up by separate investor groups, including one possibly involved in the sale of the NPAs of the Metropolitan Bank and Trust Co. (MBTC). 


                    [DatePublished] => 2003-09-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

ASSETS CONVERSION ENHANCEMENT STRATEGIES

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 231921
                    [Title] => Only 13 banks seek perks under SPV Act
                    [Summary] => Only 13 banks so far have sought eligibility for incentives under the Special Purpose Vehicle law, with transactions amounting to only a little over P6 billion so far approved by the Bangko Sentral ng Pilipinas (BSP).


The BSP reported that it has issued certificates of eligibility to four banks for dacion en pago and the sale of real and other properties owned or acquired (ROPOA) assets to individual buyers.


                    [DatePublished] => 2003-12-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 222759
                    [Title] => Metrobank repackages sale of bad loans to Rabobank of Netherlands
                    [Summary] => Metropolitan Bank and Trust Co. (Metrobank) is repackaging the planned sale of its bad loans to Rabobank of the Netherlands and will re-apply it  for approval by the Bangko Sentral ng Pilipinas (BSP) under the new Special Purpose Vehicles Act. 


The transaction is expected to be the first to make it through under the new law and sources said Metrobank was close to polishing the deal with Rabobank in order to apply for incentives. 


                    [DatePublished] => 2003-10-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 219850
                    [Title] => Individual buyers snap up P5B worth of non-performing assets of banks
                    [Summary] => Local banks, hoping to avail themselves of the incentives under the Special Purpose Vehicle Act (SPVA), have applied for the transfer of about P5.112 billion worth of non-performing assets to individual buyers. 


According to the Bangko Sentral ng Pilipinas (BSP), two special purpose vehicles have been set up by separate investor groups, including one possibly involved in the sale of the NPAs of the Metropolitan Bank and Trust Co. (MBTC). 


                    [DatePublished] => 2003-09-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Only 13 banks seek perks under SPV Act

By Des Ferriols | December 17, 2003 - 12:00am

Only 13 banks so far have sought eligibility for incentives under the Special Purpose Vehicle law, with transactions amounting to only a little over P6 billion so far approved by the Bangko Sentral ng Pilipinas (BSP). The...

Business

Metrobank repackages sale of bad loans to Rabobank of Netherlands

By Des Ferriols | October 2, 2003 - 12:00am

Metropolitan Bank and Trust Co. (Metrobank) is repackaging the planned sale of its bad loans to Rabobank of the Netherlands and will re-apply it for approval by the Bangko Sentral ng Pilipinas (BSP) under the new...

Business

Individual buyers snap up P5B worth of non-performing assets of banks

By Des Ferriols | September 8, 2003 - 12:00am

Local banks, hoping to avail themselves of the incentives under the Special Purpose Vehicle Act (SPVA), have applied for the transfer of about P5.112 billion worth of non-performing assets to individual buyers. According...

Business