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                    [ArticleID] => 1406016
                    [Title] => BDO acquires largest rural bank
                    [Summary] => 
BDO Unibank Inc. (BDO), the country’s largest bank, has acquired One Network Bank Inc. (ONB), the largest rural bank, for a still undisclosed amount.

                    [DatePublished] => 2014-12-24 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                (
                    [ArticleID] => 708907
                    [Title] => Long-delayed takeover by BDO of Export Bank to be concluded soon
                    [Summary] => 
The long-delayed takeover by Banco De Oro Unibank of Export Industry Bank (EIB) is expected to be concluded soon.
                    [DatePublished] => 2011-07-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 93440
                    [Title] => Banks to launch new system for trading securities
                    [Summary] => Philippine banks are set to launch a new system for trading domestic securities by the end of the year, despite poor market conditions battered by the weak peso and the kidnapping crisis in the south.


Vicente Castillo, chairman of the Bankers’ Association of the Philippines’ (BAP) Open Market Committee, said the current depressed market strengthened their resolve to proceed with the scheme which has been in the works for the past 18 months.


                    [DatePublished] => 2001-07-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1206174
                    [AuthorName] => by Yoko Kobayashi
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 95667
                    [Title] => Banks to launch new system for trading securities
                    [Summary] => Philippine banks are set to launch a new system for trading domestic securities by the end of the year, despite poor market conditions battered by the weak peso and the kidnapping crisis in the south.


Vicente Castillo, chairman of the Bankers’ Association of the Philippines’ (BAP) Open Market Committee, said the current depressed market strengthened their resolve to proceed with the scheme which has been in the works for the past 18 months.


                    [DatePublished] => 2001-07-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1206174
                    [AuthorName] => by Yoko Kobayashi
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 96790
                    [Title] => Banco Santander eyes Equitable PCI Bank stake
                    [Summary] => Banco Santander Central Hispano of Spain and three other groups are eyeing a stake in controversial Equitable PCI Bank.


Banking sources said Banco Santander has submitted a formal proposal to acquire a stake in Equitable PCI Bank, while the other interested parties are US-based venture capital firm Newbridge Capital which has a subsidiary in Singapore, the Ayala-controlled Bank of the Philippine Islands and its partner Development Bank of Singapore and Metropolitan Bank and Trust Co.


                    [DatePublished] => 2001-01-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
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                    [ArticleID] => 98692
                    [Title] => Banco Santander gets MB nod to buy RP unit
                    [Summary] => Banco Santander Central Hispano has obtained the approval of the Monetary Board, the policy-making body of Bangko Sentral ng Pilipinas,  to  acquire 100 percent  of Banco Santander Philippines Inc.


Banco Santander secured the go-ahead last Friday following an earlier approval by the Monetary Board allowing HSBC to own up to 100 percent of PCI Savings Bank.


Banco Santander currently owns  only 60 percent of Banco Santander Philippines. The remaining 40 percent is equally divided between two Filipino partners– the Mampayag-Davila group and a BPI trust account.


                    [DatePublished] => 2000-10-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Business
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BANCO SANTANDER PHILIPPINES

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                    [ArticleID] => 1406016
                    [Title] => BDO acquires largest rural bank
                    [Summary] => 
BDO Unibank Inc. (BDO), the country’s largest bank, has acquired One Network Bank Inc. (ONB), the largest rural bank, for a still undisclosed amount.

                    [DatePublished] => 2014-12-24 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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                (
                    [ArticleID] => 708907
                    [Title] => Long-delayed takeover by BDO of Export Bank to be concluded soon
                    [Summary] => 
The long-delayed takeover by Banco De Oro Unibank of Export Industry Bank (EIB) is expected to be concluded soon.
                    [DatePublished] => 2011-07-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 93440
                    [Title] => Banks to launch new system for trading securities
                    [Summary] => Philippine banks are set to launch a new system for trading domestic securities by the end of the year, despite poor market conditions battered by the weak peso and the kidnapping crisis in the south.


Vicente Castillo, chairman of the Bankers’ Association of the Philippines’ (BAP) Open Market Committee, said the current depressed market strengthened their resolve to proceed with the scheme which has been in the works for the past 18 months.


                    [DatePublished] => 2001-07-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1206174
                    [AuthorName] => by Yoko Kobayashi
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 95667
                    [Title] => Banks to launch new system for trading securities
                    [Summary] => Philippine banks are set to launch a new system for trading domestic securities by the end of the year, despite poor market conditions battered by the weak peso and the kidnapping crisis in the south.


Vicente Castillo, chairman of the Bankers’ Association of the Philippines’ (BAP) Open Market Committee, said the current depressed market strengthened their resolve to proceed with the scheme which has been in the works for the past 18 months.


                    [DatePublished] => 2001-07-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1206174
                    [AuthorName] => by Yoko Kobayashi
                    [SectionName] => Business
                    [SectionUrl] => business
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                (
                    [ArticleID] => 96790
                    [Title] => Banco Santander eyes Equitable PCI Bank stake
                    [Summary] => Banco Santander Central Hispano of Spain and three other groups are eyeing a stake in controversial Equitable PCI Bank.


Banking sources said Banco Santander has submitted a formal proposal to acquire a stake in Equitable PCI Bank, while the other interested parties are US-based venture capital firm Newbridge Capital which has a subsidiary in Singapore, the Ayala-controlled Bank of the Philippine Islands and its partner Development Bank of Singapore and Metropolitan Bank and Trust Co.


                    [DatePublished] => 2001-01-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 98692
                    [Title] => Banco Santander gets MB nod to buy RP unit
                    [Summary] => Banco Santander Central Hispano has obtained the approval of the Monetary Board, the policy-making body of Bangko Sentral ng Pilipinas,  to  acquire 100 percent  of Banco Santander Philippines Inc.


Banco Santander secured the go-ahead last Friday following an earlier approval by the Monetary Board allowing HSBC to own up to 100 percent of PCI Savings Bank.


Banco Santander currently owns  only 60 percent of Banco Santander Philippines. The remaining 40 percent is equally divided between two Filipino partners– the Mampayag-Davila group and a BPI trust account.


                    [DatePublished] => 2000-10-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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abtest

BDO acquires largest rural bank

By Ted P. Torres | December 24, 2014 - 12:00am

BDO Unibank Inc. (BDO), the country’s largest bank, has acquired One Network Bank Inc. (ONB), the largest rural bank,...

Business

Long-delayed takeover by BDO of Export Bank to be concluded soon

By Zinnia B. Dela Peña | July 24, 2011 - 12:00am

The long-delayed takeover by Banco De Oro Unibank of Export Industry Bank (EIB) is expected to be concluded soon.

Business

Banks to launch new system for trading securities

By by Yoko Kobayashi | July 5, 2001 - 12:00am

Philippine banks are set to launch a new system for trading domestic securities by the end of the year, despite poor market conditions battered by the weak peso and the kidnapping crisis in the south. Vicente Castillo,...

Business

Banks to launch new system for trading securities

By by Yoko Kobayashi | July 5, 2001 - 12:00am

Philippine banks are set to launch a new system for trading domestic securities by the end of the year, despite poor market conditions battered by the weak peso and the kidnapping crisis in the south. Vicente Castillo,...

Business

Banco Santander eyes Equitable PCI Bank stake

By Rocel Felix | January 19, 2001 - 12:00am

Banco Santander Central Hispano of Spain and three other groups are eyeing a stake in controversial Equitable PCI Bank. Banking sources said Banco Santander has submitted a formal proposal to acquire a stake in...

Business

Banco Santander gets MB nod to buy RP unit

October 30, 2000 - 12:00am

Banco Santander Central Hispano has obtained the approval of the Monetary Board, the policy-making body of Bangko Sentral ng Pilipinas, to acquire 100 percent of Banco Santander Philippines Inc. Banco Santander...

Business