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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 386902 [Title] => BDO, Equitable to speed up integration [Summary] => Banco de Oro Universal Bank (BDO) and the Equitable PCI Bank (EPCIB) are speeding up their integration process with the entry of Macquarie Securities Inc.
The two major commercial banks were involved in a share swap agreement last year, resulting in a merger with the surviving bank, to be known as Banco de Oro-EPCI Bank Inc.
Immediately after the share swap agreement, BDO officials estimated that it would take over a year to complete the integration of the two banks.
[DatePublished] => 2007-02-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 386701 [Title] => EPCIB starts asset disposal ahead of merger with BDO [Summary] => Equitable PCI Bank (EPCIB) has started winding down its business with the planned sale of assets, termination of contracts and services, and disposal of equity assets in preparation for its merger with Banco de Oro Universal Bank (BDO).
EPCIB corporate secretary Sabino Acut Jr. said in a report to the regulators that the EPCIB board has ordered its management to sell the bank’s equity investments in both publicly-listed and non-listed corporations.
[DatePublished] => 2007-02-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
EQUITABLE EXCHANGE INC
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 386902 [Title] => BDO, Equitable to speed up integration [Summary] => Banco de Oro Universal Bank (BDO) and the Equitable PCI Bank (EPCIB) are speeding up their integration process with the entry of Macquarie Securities Inc.
The two major commercial banks were involved in a share swap agreement last year, resulting in a merger with the surviving bank, to be known as Banco de Oro-EPCI Bank Inc.
Immediately after the share swap agreement, BDO officials estimated that it would take over a year to complete the integration of the two banks.
[DatePublished] => 2007-02-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 386701 [Title] => EPCIB starts asset disposal ahead of merger with BDO [Summary] => Equitable PCI Bank (EPCIB) has started winding down its business with the planned sale of assets, termination of contracts and services, and disposal of equity assets in preparation for its merger with Banco de Oro Universal Bank (BDO).
EPCIB corporate secretary Sabino Acut Jr. said in a report to the regulators that the EPCIB board has ordered its management to sell the bank’s equity investments in both publicly-listed and non-listed corporations.
[DatePublished] => 2007-02-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | February 26, 2007 - 12:00am
By Ted P. Torres | February 25, 2007 - 12:00am
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