^
+ Follow ASSETS CONVERSION ENHANCEMENT STRATEGIES Tag
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] => ) ) )
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
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with