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    [results] => Array
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                    [ArticleID] => 189845
                    [Title] => MB okays BDO’s $20-M loan from IFC
                    [Summary] => Banco de Oro Universal Bank’s $20-million convertible loan from the International Finance Corp. has been approved by the monetary authorities, paving the way for the bank’s expansion program and the entry of IFC, the World Bank’s private sector investment arm, into the local banking sector.


                    [DatePublished] => 2002-12-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 168809
                    [Title] => BDO signs $20-M convertible loan pact with IFC
                    [Summary] => Banco de Oro (BDO) has signed with International Finance Corp. (IFC), the World Bank’s investment arm in the private sector, a $20-million convertible loan agreement to finance the bank’s expansion program and significantly raise its status as a global industry player.


Under the terms of the convertible loan, IFC will extend the loan over a five-year period at a substantially reduced interest rate, with the option to convert the same into new common shares of the bank beginning the third year from disbursement.


                    [DatePublished] => 2002-07-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 98111
                    [Title] => BSP approves merger of BDO, Dao Heng Bank
                    [Summary] => Bangko Sentral ng Pilipinas (BSP), through the Monetary Board, has approved in principle the merger of Banco de Oro Universal Bank (BDO) with Dao Heng Bank Inc. (DHBI).


The approval-in-principle was issued through a Monetary Board Resolution No. 1806 dated Oct. 13, 2000.


BSP informed BDO of the Monetary Board’s decision in a letter to the bank dated Nov. 13, 2000.


The letter stated that the final merger will take effect upon the completion by BDO of all the necessary requirements for the merger.


                    [DatePublished] => 2000-12-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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DAO HENG BANK GROUP LTD

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                    [ArticleID] => 189845
                    [Title] => MB okays BDO’s $20-M loan from IFC
                    [Summary] => Banco de Oro Universal Bank’s $20-million convertible loan from the International Finance Corp. has been approved by the monetary authorities, paving the way for the bank’s expansion program and the entry of IFC, the World Bank’s private sector investment arm, into the local banking sector.


                    [DatePublished] => 2002-12-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 168809
                    [Title] => BDO signs $20-M convertible loan pact with IFC
                    [Summary] => Banco de Oro (BDO) has signed with International Finance Corp. (IFC), the World Bank’s investment arm in the private sector, a $20-million convertible loan agreement to finance the bank’s expansion program and significantly raise its status as a global industry player.


Under the terms of the convertible loan, IFC will extend the loan over a five-year period at a substantially reduced interest rate, with the option to convert the same into new common shares of the bank beginning the third year from disbursement.


                    [DatePublished] => 2002-07-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 98111
                    [Title] => BSP approves merger of BDO, Dao Heng Bank
                    [Summary] => Bangko Sentral ng Pilipinas (BSP), through the Monetary Board, has approved in principle the merger of Banco de Oro Universal Bank (BDO) with Dao Heng Bank Inc. (DHBI).


The approval-in-principle was issued through a Monetary Board Resolution No. 1806 dated Oct. 13, 2000.


BSP informed BDO of the Monetary Board’s decision in a letter to the bank dated Nov. 13, 2000.


The letter stated that the final merger will take effect upon the completion by BDO of all the necessary requirements for the merger.


                    [DatePublished] => 2000-12-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

MB okays BDO’s $20-M loan from IFC

By Christina Mendez | December 31, 2002 - 12:00am

Banco de Oro Universal Bank’s $20-million convertible loan from the International Finance Corp. has been approved by the monetary authorities, paving the way for the bank’s expansion program and the entry...

Business

BDO signs $20-M convertible loan pact with IFC

By Christina Mendez | July 19, 2002 - 12:00am

Banco de Oro (BDO) has signed with International Finance Corp. (IFC), the World Bank’s investment arm in the private sector, a $20-million convertible loan agreement to finance the bank’s expansion program...

Business

BSP approves merger of BDO, Dao Heng Bank

December 4, 2000 - 12:00am

Bangko Sentral ng Pilipinas (BSP), through the Monetary Board, has approved in principle the merger of Banco de Oro Universal Bank (BDO) with Dao Heng Bank Inc. (DHBI). The approval-in-principle was issued through...

Business