^
+ Follow DAO HENG BANK LTD Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [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] => 161668 [Title] => Banco de Oro to list at PSE today [Summary] => Banco de Oro, one of the biggest universal banks in the country, will list its shares today at the Philippines Stock Exchange following a successful initial public offering (IPO) which saw the over-allotment of additional stocks.

BDO, controlled by the family of retail king Henry Sy of the SM Group, is the second banking entity to list at the stockmarket this year after thrift bank CityState Savings Bank and only the fourth issue drawn to the PSE. Incidentally, property developer Highlands Prime Inc. listed last month is also majority owned by the SM Group.
[DatePublished] => 2002-05-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 155209 [Title] => Banco de Oro files for initial public offering [Summary] => Banco de Oro Universal Bank (BDO), a member of the SM group of companies, will finally push through with its initial public offering (IPO) in May this year.

BDO formally filed yesterday with the Philippine Stock Exchange (PSE) its application for public listing.

BDO started its operations as a universal bank in 1996 after the Bangko Sentral ng Pilipinas (BSP) granted its permit in late 1995.

BPI Capital Inc. will be the lead underwriter for BDO’s IPO.
[DatePublished] => 2002-03-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
DAO HENG BANK LTD
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [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] => 161668 [Title] => Banco de Oro to list at PSE today [Summary] => Banco de Oro, one of the biggest universal banks in the country, will list its shares today at the Philippines Stock Exchange following a successful initial public offering (IPO) which saw the over-allotment of additional stocks.

BDO, controlled by the family of retail king Henry Sy of the SM Group, is the second banking entity to list at the stockmarket this year after thrift bank CityState Savings Bank and only the fourth issue drawn to the PSE. Incidentally, property developer Highlands Prime Inc. listed last month is also majority owned by the SM Group.
[DatePublished] => 2002-05-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 155209 [Title] => Banco de Oro files for initial public offering [Summary] => Banco de Oro Universal Bank (BDO), a member of the SM group of companies, will finally push through with its initial public offering (IPO) in May this year.

BDO formally filed yesterday with the Philippine Stock Exchange (PSE) its application for public listing.

BDO started its operations as a universal bank in 1996 after the Bangko Sentral ng Pilipinas (BSP) granted its permit in late 1995.

BPI Capital Inc. will be the lead underwriter for BDO’s IPO.
[DatePublished] => 2002-03-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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