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                    [ArticleID] => 773091
                    [Title] => Security Bank nets P6.7 billion in 2011
                    [Summary] => 
Security Bank Corp. registered a net income of P6.7 billion in 2011, 6.9 percent lower than the P7.2 billion realized in 2010.
                    [DatePublished] => 2012-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 518626
                    [Title] => GMA challenges Asian bankers to remain catalysts for growth
                    [Summary] => 
President Arroyo has challenged Asian bankers to remain as catalysts for growth in the region and lead reforms in the global banking system.
                    [DatePublished] => 2009-10-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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            [2] => Array
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                    [ArticleID] => 468360
                    [Title] => Metrobank reports 10% hike in first quarter net income to P1.94 billion
                    [Summary] => 
MANILA, Philippines - The Metropolitan Bank & Trust Co. (Metrobank) reported a consolidated net income of P1.94 billion in the first three months of 2009, 10.22 percent higher than the P1.76 billion realized in the same period last year.
                    [DatePublished] => 2009-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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            [3] => Array
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                    [ArticleID] => 447023
                    [Title] => Metrobank net profit drops 43% to P4.4 billion in 2008
                    [Summary] => 
MANILA, Philippines - The country’s top lender, Metropolitan Bank & Trust Co. (Metrobank), registered a 42.8-percent drop in net income in 2008 to P4.4 billion, from P7.719 billion a year earlier, the bank said in a statement.
                    [DatePublished] => 2009-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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            [4] => Array
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                    [ArticleID] => 407973
                    [Title] => Money supply surges 9.8% in August
                    [Summary] => 
Domestic borrowing by the private sector led to a 9.8-percent surge in domestic liquidity last August, the central bank said yesterday.
                    [DatePublished] => 2008-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 403860
                    [Title] => Money supply growth slows
                    [Summary] => As dollar inflows slowed down dramatically this year, the Bangko Sentral ng Pilipinas (BSP) reported a corresponding slowdown ...
                    [DatePublished] => 2008-10-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [6] => Array
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                    [ArticleID] => 54932
                    [Title] => BOI approves 2 new projects worth P500M
                    [Summary] => 
            
                    [DatePublished] => 2008-04-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 379734
                    [Title] => Sales of pre-need firms down
                    [Summary] => 



Sales of the country’s pre-need companies fell 7.08 percent from January to November last year as the sector continues to suffer from low  investor confidence owing to the poor or deteriorating financial condition of several pre-need firms.


Data from the Securities and Exchange Commission showed total sales for the first 11 months of 2006 amounted to P17.57 billion, compared with P18.91 billion a year earlier.


The number of plans sold likewise decreased 23.35 percent to 217,930 from 284,307.


                    [DatePublished] => 2007-01-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 376741
                    [Title] => Pre-need sector suffers 9% drop in 10-mo sales
                    [Summary] => 



The pre-need industry suffered a 9.14 percent drop in sales for the first 10 months of the year to P15.84 billion from P17.43 billion a year ago.


Data culled by the Securities and Exchange Commission’s Non-Traditional Securities Department showed that the number of pre-need plans sold during the period January to October this year declined by 25.78 percent to 197,079 from 265,530.


                    [DatePublished] => 2006-12-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
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                    [ArticleID] => 375255
                    [Title] => US-based Spinnaker Capital buys out Japanese bank’s stake in RCBC
                    [Summary] => 



The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) has welcomed the entry of its new foreign partner, the US-based Spinnaker Capital Group.


Spinnaker Capital, a financial institution that specializes in investments in emerging markets globally, acquired the 17.14-percent stake in RCBC previously held by Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU), a unit of Japan’s largest financial company.


                    [DatePublished] => 2006-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

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)

INTERNATIONAL ACCOUNTING STANDARDS

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                    [ArticleID] => 773091
                    [Title] => Security Bank nets P6.7 billion in 2011
                    [Summary] => 
Security Bank Corp. registered a net income of P6.7 billion in 2011, 6.9 percent lower than the P7.2 billion realized in 2010.
                    [DatePublished] => 2012-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 518626
                    [Title] => GMA challenges Asian bankers to remain catalysts for growth
                    [Summary] => 
President Arroyo has challenged Asian bankers to remain as catalysts for growth in the region and lead reforms in the global banking system.
                    [DatePublished] => 2009-10-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 468360
                    [Title] => Metrobank reports 10% hike in first quarter net income to P1.94 billion
                    [Summary] => 
MANILA, Philippines - The Metropolitan Bank & Trust Co. (Metrobank) reported a consolidated net income of P1.94 billion in the first three months of 2009, 10.22 percent higher than the P1.76 billion realized in the same period last year.
                    [DatePublished] => 2009-05-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 447023
                    [Title] => Metrobank net profit drops 43% to P4.4 billion in 2008
                    [Summary] => 
MANILA, Philippines - The country’s top lender, Metropolitan Bank & Trust Co. (Metrobank), registered a 42.8-percent drop in net income in 2008 to P4.4 billion, from P7.719 billion a year earlier, the bank said in a statement.
                    [DatePublished] => 2009-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
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                    [ArticleID] => 407973
                    [Title] => Money supply surges 9.8% in August
                    [Summary] => 
Domestic borrowing by the private sector led to a 9.8-percent surge in domestic liquidity last August, the central bank said yesterday.
                    [DatePublished] => 2008-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 403860
                    [Title] => Money supply growth slows
                    [Summary] => As dollar inflows slowed down dramatically this year, the Bangko Sentral ng Pilipinas (BSP) reported a corresponding slowdown ...
                    [DatePublished] => 2008-10-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
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                    [ArticleID] => 54932
                    [Title] => BOI approves 2 new projects worth P500M
                    [Summary] => 
            
                    [DatePublished] => 2008-04-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1480108
                    [AuthorName] => Ma. Elisa Osorio 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
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                    [ArticleID] => 379734
                    [Title] => Sales of pre-need firms down
                    [Summary] => 



Sales of the country’s pre-need companies fell 7.08 percent from January to November last year as the sector continues to suffer from low  investor confidence owing to the poor or deteriorating financial condition of several pre-need firms.


Data from the Securities and Exchange Commission showed total sales for the first 11 months of 2006 amounted to P17.57 billion, compared with P18.91 billion a year earlier.


The number of plans sold likewise decreased 23.35 percent to 217,930 from 284,307.


                    [DatePublished] => 2007-01-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 376741
                    [Title] => Pre-need sector suffers 9% drop in 10-mo sales
                    [Summary] => 



The pre-need industry suffered a 9.14 percent drop in sales for the first 10 months of the year to P15.84 billion from P17.43 billion a year ago.


Data culled by the Securities and Exchange Commission’s Non-Traditional Securities Department showed that the number of pre-need plans sold during the period January to October this year declined by 25.78 percent to 197,079 from 265,530.


                    [DatePublished] => 2006-12-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 375255
                    [Title] => US-based Spinnaker Capital buys out Japanese bank’s stake in RCBC
                    [Summary] => 



The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) has welcomed the entry of its new foreign partner, the US-based Spinnaker Capital Group.


Spinnaker Capital, a financial institution that specializes in investments in emerging markets globally, acquired the 17.14-percent stake in RCBC previously held by Bank of Tokyo-Mitsubishi UFJ Ltd. (BTMU), a unit of Japan’s largest financial company.


                    [DatePublished] => 2006-12-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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)

abtest

Security Bank nets P6.7 billion in 2011

By Ted P. Torres | February 2, 2012 - 12:00am

Security Bank Corp. registered a net income of P6.7 billion in 2011, 6.9 percent lower than the P7.2 billion realized in 2010.

Business

GMA challenges Asian bankers to remain catalysts for growth

By Ted P. Torres | October 31, 2009 - 12:00am

President Arroyo has challenged Asian bankers to remain as catalysts for growth in the region and lead reforms in the global banking system.

Business

Metrobank reports 10% hike in first quarter net income to P1.94 billion

By Ted P. Torres | May 18, 2009 - 12:00am

MANILA, Philippines - The Metropolitan Bank & Trust Co. (Metrobank) reported a consolidated net income of P1.94 billion in the first three months of 2009, 10.22 percent higher than the P1.76 billion realized...

Business

Metrobank net profit drops 43% to P4.4 billion in 2008

By Ted P. Torres | March 11, 2009 - 12:00am

MANILA, Philippines - The country’s top lender, Metropolitan Bank & Trust Co. (Metrobank), registered a 42.8-percent drop in net income in 2008 to P4.4 billion, from P7.719 billion a year earlier, the bank...

Business

Money supply surges 9.8% in August

October 18, 2008 - 12:00am

Domestic borrowing by the private sector led to a 9.8-percent surge in domestic liquidity last August, the central bank said yesterday.

Business

Money supply growth slows

By Des Ferriols | October 1, 2008 - 12:00am

As dollar inflows slowed down dramatically this year, the Bangko Sentral ng Pilipinas (BSP) reported a corresponding slowdown ...

Business

BOI approves 2 new projects worth P500M

By Ma. Elisa Osorio  | April 9, 2008 - 12:00am

Business

Sales of pre-need firms down

By Zinnia B. Dela Peña | January 13, 2007 - 12:00am

Sales of the country’s pre-need companies fell 7.08 percent from January to November last year as the sector continues to suffer from low investor confidence owing to the poor or deteriorating financial...

Business

Pre-need sector suffers 9% drop in 10-mo sales

By Zinnia B. Dela Peña | December 25, 2006 - 12:00am

The pre-need industry suffered a 9.14 percent drop in sales for the first 10 months of the year to P15.84 billion from P17.43 billion a year ago. Data culled by the Securities and Exchange Commission’s...

Business

US-based Spinnaker Capital buys out Japanese bank’s stake in RCBC

By Ted P. Torres | December 16, 2006 - 12:00am

The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) has welcomed the entry of its new foreign partner, the US-based Spinnaker Capital Group. Spinnaker Capital, a financial institution that specializes...

Business