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                    [ArticleID] => 254175
                    [Title] => UCPB back in the race soon
                    [Summary] => If everything turns out as planned, United Coconut Planters Bank will be registering a net operating income starting next year or the following year. 


I had a very interesting conversation with UCBP president Jojo Querubin who revealed how he is going to do it: increase the equity and reduce the non-performing assets.


To increase the equity base, the bank plans to sell its stake in the CIIF oil mills which in turn owns shares in San Miguel Corp. (SMC) in the next few months. The sale would raise about P5 billion for UCPB.


                    [DatePublished] => 2004-06-16 00:00:00
                    [ColumnID] => 134315
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DO OUR PART

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                    [ArticleID] => 254175
                    [Title] => UCPB back in the race soon
                    [Summary] => If everything turns out as planned, United Coconut Planters Bank will be registering a net operating income starting next year or the following year. 


I had a very interesting conversation with UCBP president Jojo Querubin who revealed how he is going to do it: increase the equity and reduce the non-performing assets.


To increase the equity base, the bank plans to sell its stake in the CIIF oil mills which in turn owns shares in San Miguel Corp. (SMC) in the next few months. The sale would raise about P5 billion for UCPB.


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abtest

UCPB back in the race soon

June 16, 2004 - 12:00am

If everything turns out as planned, United Coconut Planters Bank will be registering a net operating income starting next year or the following year. I had a very interesting conversation with UCBP president Jojo...

Business