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                    [Title] => BSP okays Equitable PCI’s additional $70-M bond flotation
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has allowed Equitable PCI Bank to issue an additional $70 million worth of bonds to complete its Tier 2 offer needed to beef up the bank’s capital base. 


In its meeting last week, the Monetary Board of the BSP approved Equitable-PCI’s application to expand its bond offer from $130 million to $200 million to take advantage of the market’s reaction to its offer last year. 


                    [DatePublished] => 2003-06-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 191452
                    [Title] => BDO sets $20-M bond offer
                    [Summary] => The Henry Sy-owned Banco de Oro has scheduled its $20-million bond offer this month, a transaction that would give the International Finance Corp. (IFC) at least 10- percent equity in the bank should it convert the bonds in two years.


BDO president Nestor Tan told reporters over the weekend that the bank is all set to undertake the so-called Tier 2 offer which would be wholly  taken up by  IFC, the investment arm of the World Bank.


                    [DatePublished] => 2003-01-14 00:00:00
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                    [ArticleID] => 186886
                    [Title] => Monetary Board approves merger of Banco de Oro, First e-Bank
                    [Summary] => The Monetary Board (MB) has approved the merger of Banco de Oro and First e-Bank, granting incentives that include liberal bank branching terms and higher valuation and staggered capital build-up. 


The merger was approved by the MB after Banco de Oro (BDO) and First e-Bank reached an agreement where BDO agreed to take over P10 billion of deposits, liabilities and other assets of First e-Bank. 


                    [DatePublished] => 2002-12-07 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 172363
                    [Title] => CL Manabat cleared to audit KBs
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has added the accounting firm of CL Manabat & Co. to its list of six accredited auditing firms allowed to audit the country’s 44 commercial banks.


BSP Deputy Governor Alberto Reyes Jr. told reporters yesterday that CL Manabat & Co. has been selected based on its experience, track record and credibility rating.


                    [DatePublished] => 2002-08-17 00:00:00
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DEPUTY GOVERNOR ALBERTO REYES JR.

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                    [ArticleID] => 208488
                    [Title] => BSP okays Equitable PCI’s additional $70-M bond flotation
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has allowed Equitable PCI Bank to issue an additional $70 million worth of bonds to complete its Tier 2 offer needed to beef up the bank’s capital base. 


In its meeting last week, the Monetary Board of the BSP approved Equitable-PCI’s application to expand its bond offer from $130 million to $200 million to take advantage of the market’s reaction to its offer last year. 


                    [DatePublished] => 2003-06-02 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 191452
                    [Title] => BDO sets $20-M bond offer
                    [Summary] => The Henry Sy-owned Banco de Oro has scheduled its $20-million bond offer this month, a transaction that would give the International Finance Corp. (IFC) at least 10- percent equity in the bank should it convert the bonds in two years.


BDO president Nestor Tan told reporters over the weekend that the bank is all set to undertake the so-called Tier 2 offer which would be wholly  taken up by  IFC, the investment arm of the World Bank.


                    [DatePublished] => 2003-01-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
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                    [ArticleID] => 186886
                    [Title] => Monetary Board approves merger of Banco de Oro, First e-Bank
                    [Summary] => The Monetary Board (MB) has approved the merger of Banco de Oro and First e-Bank, granting incentives that include liberal bank branching terms and higher valuation and staggered capital build-up. 


The merger was approved by the MB after Banco de Oro (BDO) and First e-Bank reached an agreement where BDO agreed to take over P10 billion of deposits, liabilities and other assets of First e-Bank. 


                    [DatePublished] => 2002-12-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 172363
                    [Title] => CL Manabat cleared to audit KBs
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has added the accounting firm of CL Manabat & Co. to its list of six accredited auditing firms allowed to audit the country’s 44 commercial banks.


BSP Deputy Governor Alberto Reyes Jr. told reporters yesterday that CL Manabat & Co. has been selected based on its experience, track record and credibility rating.


                    [DatePublished] => 2002-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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                    [SectionUrl] => business
                    [URL] => 
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abtest

BSP okays Equitable PCI’s additional $70-M bond flotation

By Des Ferriols | June 2, 2003 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has allowed Equitable PCI Bank to issue an additional $70 million worth of bonds to complete its Tier 2 offer needed to beef up the bank’s capital base. In its meeting...

Business

BDO sets $20-M bond offer

January 14, 2003 - 12:00am

The Henry Sy-owned Banco de Oro has scheduled its $20-million bond offer this month, a transaction that would give the International Finance Corp. (IFC) at least 10- percent equity in the bank should it convert the...

Business

Monetary Board approves merger of Banco de Oro, First e-Bank

December 7, 2002 - 12:00am

The Monetary Board (MB) has approved the merger of Banco de Oro and First e-Bank, granting incentives that include liberal bank branching terms and higher valuation and staggered capital build-up. The merger was...

Business

CL Manabat cleared to audit KBs

August 17, 2002 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has added the accounting firm of CL Manabat & Co. to its list of six accredited auditing firms allowed to audit the country’s 44 commercial banks. BSP Deputy Governor...

Business