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The Bangko Sentral ng Pilipinas (BSP) has revived a program to promote mergers and consolidations with, and acquisition of cooperative banks by “white knights” following the entry of foreign banks amid the integration among members of the Association of Southeast Asian Nations.

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                    [Title] => BSP expects more mergers among rural, co-op banks
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A number of rural and cooperative bank merger and consolidations is expected to occur this year, a Bangko Sentral ng Pilipinas official said.

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                    [Title] => BSP expands investor list for ailing co-op banks
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The Bangko Sentral ng Pilipinas (BSP) has expanded the list of eligible investors that can inject capital to ailing cooperative banks under an incentive program of the central bank.

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Vice President Jejomar Binay confirmed that barangay officials may now become members of the Home Development Mutual Fund or Pag-IBIG Fund, and he is even pushing for their membership in the Government Service Insurance System (GSIS).
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                    [Title] => BSP approves merger of 3 co-op banks
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The Bangko Sentral ng Pilipinas (BSP) has given the green light for the merger of three cooperative banks in Mindanao as part of the efforts of the bank regulator to support the development of a stronger cooperative banking sector in the country.
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                    [Title] => BSP sweetens perks for rural bank mergers, consolidations
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The Bangko Sentral ng Pilipinas (BSP) plans to sweeten its P5 billion incentive package aimed at enticing rural banks to consolidate and merge to create a stronger rural banking industry that would help in the economic development in the countryside.
                    [DatePublished] => 2012-01-24 00:00:00
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                    [Title] => Two foreign institutions eye program for co-op banks in Phl
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The coordinated incentive program launched by the Bangko Sentral ng Pilipinas (BSP) and state-run Philippine Deposit Insurance Corp.(PDIC) designed to support the development of a stronger cooperative banking sector in the Philippines has lured two of the largest financial service providers in the world.
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COOPERATIVE BANKS

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                    [Title] => BSP revives merger program for coop banks
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                    [Title] => BSP expects more mergers among rural, co-op banks
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A number of rural and cooperative bank merger and consolidations is expected to occur this year, a Bangko Sentral ng Pilipinas official said.

                    [DatePublished] => 2014-04-07 00:00:00
                    [ColumnID] => 0
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                    [AuthorID] => 1438879
                    [AuthorName] => Kathleen A. Martin
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                    [Title] => BSP expands investor list for ailing co-op banks
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) has expanded the list of eligible investors that can inject capital to ailing cooperative banks under an incentive program of the central bank.

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                    [ColumnID] => 0
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Vice President Jejomar Binay confirmed that barangay officials may now become members of the Home Development Mutual Fund or Pag-IBIG Fund, and he is even pushing for their membership in the Government Service Insurance System (GSIS).
                    [DatePublished] => 2012-09-30 00:00:00
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                    [Title] => BSP approves merger of 3 co-op banks
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) has given the green light for the merger of three cooperative banks in Mindanao as part of the efforts of the bank regulator to support the development of a stronger cooperative banking sector in the country.
                    [DatePublished] => 2012-02-29 00:00:00
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                    [Title] => BSP sweetens perks for rural bank mergers, consolidations
                    [Summary] => 
The Bangko Sentral ng Pilipinas (BSP) plans to sweeten its P5 billion incentive package aimed at enticing rural banks to consolidate and merge to create a stronger rural banking industry that would help in the economic development in the countryside.
                    [DatePublished] => 2012-01-24 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Lawrence Agcaoili
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                    [URL] => 
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                    [Title] => Two foreign institutions eye program for co-op banks in Phl
                    [Summary] => 
The coordinated incentive program launched by the Bangko Sentral ng Pilipinas (BSP) and state-run Philippine Deposit Insurance Corp.(PDIC) designed to support the development of a stronger cooperative banking sector in the Philippines has lured two of the largest financial service providers in the world.
                    [DatePublished] => 2011-11-17 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Lawrence Agcaoili
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abtest

BSP revives merger program for coop banks

By Lawrence Agcaoili | November 8, 2015 - 9:00am

The Bangko Sentral ng Pilipinas (BSP) has revived a program to promote mergers and consolidations with, and acquisition of cooperative banks by “white knights” following the entry of foreign banks amid...

Business

BSP expects more mergers among rural, co-op banks

By Kathleen A. Martin | April 7, 2014 - 12:00am

A number of rural and cooperative bank merger and consolidations is expected to occur this year, a Bangko Sentral ng Pilipinas...

Business

BSP expands investor list for ailing co-op banks

By Kathleen A. Martin | January 1, 2014 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has expanded the list of eligible investors that can inject capital to ailing cooperative banks under an incentive program of the central bank.

Business

Binay stresses that brgy leaders may now be Pag-IBIG members

By Marigold Lebumfacil | September 30, 2012 - 12:00am

Vice President Jejomar Binay confirmed that barangay officials may now become members of the Home Development Mutual Fund or Pag-IBIG Fund, and he is even pushing for their membership in the Government Service Insurance...

Cebu News

BSP approves merger of 3 co-op banks

By Lawrence Agcaoili | February 29, 2012 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has given the green light for the merger of three cooperative banks in Mindanao as part of the efforts of the bank regulator to support the development of a stronger cooperative...

Business

BSP sweetens perks for rural bank mergers, consolidations

By Lawrence Agcaoili | January 24, 2012 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) plans to sweeten its P5 billion incentive package aimed at enticing rural banks to consolidate and merge to create a stronger rural banking industry that would help in the economic...

Business

Two foreign institutions eye program for co-op banks in Phl

By Lawrence Agcaoili | November 17, 2011 - 12:00am

The coordinated incentive program launched by the Bangko Sentral ng Pilipinas (BSP) and state-run Philippine Deposit Insurance Corp.(PDIC) designed to support the development of a stronger cooperative banking sector...

Business