+ Follow consumer finance Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 54798
[Title] => Things to consider when getting an auto loan
[Summary] =>
[DatePublished] => 2008-04-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 374148
[Title] => GE Money Savings still bullish on RP
[Summary] =>
Despite its failure to acquire credit card firm Bankard, GE Money Savings Bank remains bullish on its plan to issue credit cards as part of its retail products.
GE Money Savings is a subsidiary of US-based GE Consumer Finance (GECF), the financial services unit of industrial giant General Electric.
GE Money president and chief executive officer Ben Kua said they will launch their own credit card despite earlier failing to acquire Bankard from the Rizal Commercial Banking Corp. (RCBC).
[DatePublished] => 2006-12-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 371109
[Title] => Bankard raises capital to P2B
[Summary] =>
Bankard Inc., the credit card firm of the Yuchengco Group, has increased its authorized capital stock to P2 billion from P600 million.
In a disclosure to the Philippine Stock Exchange (PSE), Bankard management accounting officer Amalia V. Ongkeko said the capital hike was authorized by the company’s board yesterday.
Stock analysts have speculated that the capital increase may be designed to "prop up" its stock for another sale bid.
[DatePublished] => 2006-11-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 343594
[Title] => GE Consumer Finance buys Bankard from RCBC
[Summary] => GE Consumer Finance (GECF) has acquired credit card firm Bankard Inc. following the recent launch of GE Money Bank, a thrift and savings bank.
Bankard is a 72-percent owned subsidiary of RCBC Capital Corp., which, in turn, is a wholly-owned subsidiary of universal bank Rizal Commecial Banking Corp. (RCBC).
The RCBC board of directors reported that it had "accepted the GECF proposal to acquire substantially all of Bankard’s assets and to assume certain liabilities related to its credit card-issuing and cards-present merchant acquiring businesses."
[DatePublished] => 2006-06-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 338338
[Title] => Philam Savings Bank acquires AIG Credit Card
[Summary] => Philam Savings Bank has acquired AIG Credit Card Co. in a bid to expand its market base in the credit card industry.
The country’s credit card base currently stands at almost five million but it has the potential to expand by another five to six million, Philam said.
The surviving entity will be AIG Philam Savings Bank with combined resources of over P10 billion and authorized capital of P800 million.
[DatePublished] => 2006-05-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 324081
[Title] => Singapore’s Keppel to fully absorb RP maritime unit
[Summary] => KS Investments Pte. Ltd., a wholly-owned unit of Singapore’s Keppel Corp. Ltd., has made a general offer to acquire 70.53 percent of Keppel Philippines Marine Inc. (KPMI) for P1.407 billion ($27.4 million).
KS Investments, which already owns 29.47 percent of KPMI, said the general offer is part of the group’s program to consolidate its regional investments in the marine industry.
Keppel said the transaction is not expected to have any material impact on its earnings per share or on net tangible assets Ltd. share for the financial year ended Dec. 31, 2006.
[DatePublished] => 2006-03-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 313246
[Title] => Keppel Group completes sale of Keppel Bank (Phils) to GE Consumer Finance
[Summary] => The Keppel Group of Singapore completed Tuesday the sale of its 96.5-percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of the General Electric Co.
GECF acquired 23.406 million shares in KBP from Keppel Bank from Keppel Corp. Ltd. and Keppel Philippines Holdings Inc. for P1.45 billion.
The move is part of the group’s strategy to divest its non-core assets.
The Keppel Group is engaged in offshore and marine, property and infrastructure businesses with global footprint in 27 countries.
[DatePublished] => 2005-12-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 300059
[Title] => GE unit buys Keppel Bank-RP for P1.45B
[Summary] => The Keppel Group of Singapore has sold its 96.5 percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of General Electric Co., for P1.45 billion.
In a disclosure to the Philippine Stock Exchange, Keppel said it has reached agreement with GECF to sell its 23.406 million shares in KBP as part of its strategy to divest its non-core assets.
[DatePublished] => 2005-10-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
consumer finance
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 54798
[Title] => Things to consider when getting an auto loan
[Summary] =>
[DatePublished] => 2008-04-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 374148
[Title] => GE Money Savings still bullish on RP
[Summary] =>
Despite its failure to acquire credit card firm Bankard, GE Money Savings Bank remains bullish on its plan to issue credit cards as part of its retail products.
GE Money Savings is a subsidiary of US-based GE Consumer Finance (GECF), the financial services unit of industrial giant General Electric.
GE Money president and chief executive officer Ben Kua said they will launch their own credit card despite earlier failing to acquire Bankard from the Rizal Commercial Banking Corp. (RCBC).
[DatePublished] => 2006-12-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 371109
[Title] => Bankard raises capital to P2B
[Summary] =>
Bankard Inc., the credit card firm of the Yuchengco Group, has increased its authorized capital stock to P2 billion from P600 million.
In a disclosure to the Philippine Stock Exchange (PSE), Bankard management accounting officer Amalia V. Ongkeko said the capital hike was authorized by the company’s board yesterday.
Stock analysts have speculated that the capital increase may be designed to "prop up" its stock for another sale bid.
[DatePublished] => 2006-11-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 343594
[Title] => GE Consumer Finance buys Bankard from RCBC
[Summary] => GE Consumer Finance (GECF) has acquired credit card firm Bankard Inc. following the recent launch of GE Money Bank, a thrift and savings bank.
Bankard is a 72-percent owned subsidiary of RCBC Capital Corp., which, in turn, is a wholly-owned subsidiary of universal bank Rizal Commecial Banking Corp. (RCBC).
The RCBC board of directors reported that it had "accepted the GECF proposal to acquire substantially all of Bankard’s assets and to assume certain liabilities related to its credit card-issuing and cards-present merchant acquiring businesses."
[DatePublished] => 2006-06-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 338338
[Title] => Philam Savings Bank acquires AIG Credit Card
[Summary] => Philam Savings Bank has acquired AIG Credit Card Co. in a bid to expand its market base in the credit card industry.
The country’s credit card base currently stands at almost five million but it has the potential to expand by another five to six million, Philam said.
The surviving entity will be AIG Philam Savings Bank with combined resources of over P10 billion and authorized capital of P800 million.
[DatePublished] => 2006-05-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 324081
[Title] => Singapore’s Keppel to fully absorb RP maritime unit
[Summary] => KS Investments Pte. Ltd., a wholly-owned unit of Singapore’s Keppel Corp. Ltd., has made a general offer to acquire 70.53 percent of Keppel Philippines Marine Inc. (KPMI) for P1.407 billion ($27.4 million).
KS Investments, which already owns 29.47 percent of KPMI, said the general offer is part of the group’s program to consolidate its regional investments in the marine industry.
Keppel said the transaction is not expected to have any material impact on its earnings per share or on net tangible assets Ltd. share for the financial year ended Dec. 31, 2006.
[DatePublished] => 2006-03-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 313246
[Title] => Keppel Group completes sale of Keppel Bank (Phils) to GE Consumer Finance
[Summary] => The Keppel Group of Singapore completed Tuesday the sale of its 96.5-percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of the General Electric Co.
GECF acquired 23.406 million shares in KBP from Keppel Bank from Keppel Corp. Ltd. and Keppel Philippines Holdings Inc. for P1.45 billion.
The move is part of the group’s strategy to divest its non-core assets.
The Keppel Group is engaged in offshore and marine, property and infrastructure businesses with global footprint in 27 countries.
[DatePublished] => 2005-12-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 300059
[Title] => GE unit buys Keppel Bank-RP for P1.45B
[Summary] => The Keppel Group of Singapore has sold its 96.5 percent stake in Keppel Bank Philippines Inc. (KBP) to GE Consumer Finance (GECF), the global consumer lending unit of General Electric Co., for P1.45 billion.
In a disclosure to the Philippine Stock Exchange, Keppel said it has reached agreement with GECF to sell its 23.406 million shares in KBP as part of its strategy to divest its non-core assets.
[DatePublished] => 2005-10-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
