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abtest

EU lending arm eyes infra projects in Philippines

By Louise Maureen Simeon | October 26, 2023 - 12:00am

The lending arm of the European Union has expressed interest in co-financing various infrastructure projects in the Philippines,...

Business

ADB, EIB to finance ‘blue economy’ investments

By Czeriza Valencia | January 17, 2021 - 12:00am

The Asian Development Bank has formed a partnership with the European Investment Bank to finance ocean economy investments...

Business

EIB bidding fails anew

By Ted P. Torres | March 20, 2013 - 12:00am

The public sale of Export and Industry Bank (EIB) resulted in another failure yesterday, prompting government to consider rehabilitation or liquidation for the closed bank.

Business

PDIC taking more time to decide on EIB fate

By Donnabelle L. Gatdula | February 2, 2013 - 12:00am

State-run Philippine Deposit Insurance Corp. (PDIC) has extended anew to March 25 the period within which to determine if Export and Import Bank Inc. (EIB) would be undergo rehabilitation or liquidation, a PDIC official...

Business

PDIC OKs bidding process for Export & Industry Bank

By Ehda Dagooc | October 11, 2012 - 12:00am

The Philippine Deposit Insurance Corporation (PDIC) has released the terms and conditions of bid and bidding procedure for Tranche 1 for the rehabilitation of the closed Export & Industry Bank (EIB).

Freeman Cebu Business

Banco de Oro to bid for Exportbank

September 26, 2012 - 12:00am

BDO Unibank Inc., the country’s largest in terms of assets, will bid for the rehabilitation of the shuttered Export and Industry Bank (EIB) next month, officials confirmed yesterday.

Business

PDIC starts rehab of export bank

By Ehda Dagooc | September 20, 2012 - 12:00am

The Philippine Deposit Insurance Corporation (PDIC) announced yesterday that its board has approved the general framework for the bidding process of closed Export and Industry Bank (EIB), to ensure transparency and...

Freeman Cebu Business

Separate auctions set for EIB assets, license

September 19, 2012 - 12:00am

The assets and banking license of the shuttered Export and Industry Bank (EIB) will be auctioned off by the government separately to interested parties beginning next month, a statement said yesterday.

Business

EIB rehab bidding won't push through

September 14, 2012 - 12:00am

Bidding for the rehabilitation of the shuttered Export and Industry Bank (EIB) won’t push through next week, an official said yesterday.

Business

Late but still useful move

By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | June 15, 2012 - 12:00am

One of the vital engines that propel our country’s economic growth is of course the banking industry.

Opinion