Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 99102
                    [Title] => Security Bank set to acquire Federal Savings
                    [Summary] => 

Security Bank, the country's 13th largest commercial bank in terms of assets
and capital, is set to acquire Federal Savings and Mortgage Bank for P550
million as part of its plan to expand its presence in the retail market,
Security Bank president Rafael Simpao told The STAR yesterday.

"It (Federal Savings) is a small bank with very clean balance sheet.  It does
not have non-performing loans and it is relatively new," he said.  The bank,
based in Metro Manila, has three branches located in Makati, Novaliches in
Quezon City and San Pedro, Laguna.
                    [DatePublished] => 2000-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1197311
                    [AuthorName] => by Jun Ebias
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 100523
                    [Title] => Security Bank to merge with Federal Savings Bank
                    [Summary] => 

Security Bank Corp. (SBC) announced yesterday that it would acquire 100 percent
of Federal Savings and Mortgage Bank.

SBC assistant corporate secretary Lourdes Crisostomo said the SBC Board
approved yesterday the said merger in a special meeting.

The merger plan, Crisostomo said, would be subject to approval by the
shareholders of Security Bank scheduled to be held this coming May 30.
                    [DatePublished] => 2000-04-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

FEDERAL SAVINGS

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 99102
                    [Title] => Security Bank set to acquire Federal Savings
                    [Summary] => 

Security Bank, the country's 13th largest commercial bank in terms of assets
and capital, is set to acquire Federal Savings and Mortgage Bank for P550
million as part of its plan to expand its presence in the retail market,
Security Bank president Rafael Simpao told The STAR yesterday.

"It (Federal Savings) is a small bank with very clean balance sheet.  It does
not have non-performing loans and it is relatively new," he said.  The bank,
based in Metro Manila, has three branches located in Makati, Novaliches in
Quezon City and San Pedro, Laguna.
                    [DatePublished] => 2000-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1197311
                    [AuthorName] => by Jun Ebias
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 100523
                    [Title] => Security Bank to merge with Federal Savings Bank
                    [Summary] => 

Security Bank Corp. (SBC) announced yesterday that it would acquire 100 percent
of Federal Savings and Mortgage Bank.

SBC assistant corporate secretary Lourdes Crisostomo said the SBC Board
approved yesterday the said merger in a special meeting.

The merger plan, Crisostomo said, would be subject to approval by the
shareholders of Security Bank scheduled to be held this coming May 30.
                    [DatePublished] => 2000-04-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Security Bank set to acquire Federal Savings

By by Jun Ebias | May 18, 2000 - 12:00am

Security Bank, the country's 13th largest commercial bank in terms of assets and capital, is set to acquire Federal Savings and Mortgage Bank for P550 million as part of its plan to expand its presence in the...

Business

Security Bank to merge with Federal Savings Bank

By Donnabelle L. Gatdula | April 15, 2000 - 12:00am

Security Bank Corp. (SBC) announced yesterday that it would acquire 100 percent of Federal Savings and Mortgage Bank. SBC assistant corporate secretary Lourdes Crisostomo said the SBC Board approved yesterday...

Business