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                    [ArticleID] => 252030
                    [Title] => Unitrust being readied for liquidation by PDIC
                    [Summary] => Unitrust Development Bank (Unitrust) is being readied for liquidation by the Philippine Deposit Insurance Corp (PDIC), closing the book on the bank that sank in 2002 after the take-over of controversial Japanese investor, Genta Ogami. 


PDIC president Ricardo Tan said over the weekend that Unitrust is about to be tabled for liquidation pending the final approval of the PDIC board of directors. 


                    [DatePublished] => 2004-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
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                    [ArticleID] => 169884
                    [Title] => PBCom still bidding for Unitrust
                    [Summary] => The Philippine Bank of Communications (PBCom) has not formally withdrawn its bid to acquire Unitrust Development Bank (Unitrust), but has expressed apprehension in completing certain requirements of the Philippine Deposit Insurance Corp. (PDIC), the receiver of the troubled bank.


In an official communication, PBCom said that it was apprehensive about meeting the Aug. 4 deadline set by the PDIC for completion of the documentary requirements for PBCom’s rehabilitation plan for Unitrust.


                    [DatePublished] => 2002-07-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 169541
                    [Title] => Yuseco group mulls judicial rehab for United Overseas Bank
                    [Summary] => A group claiming to own and control the beleaguered Unitrust Development Bank (Unitrust) is threatening to seek judicial rehabilitation after the Philippine Deposit Insurance Corp. (PDIC) rejected its rehabilitation proposal. 


A group led by Francis R. Yuseco, Leopoldo J. Valcarcel and lawyer Fred L. Gutierrez said they would seek judicial rehabilitation from the civil courts if the PDIC, receiver of the troubled commercial bank, does not recognize their proposal. Gutierrez claims to represent the holdings of G. Cosmos Philippines. 


                    [DatePublished] => 2002-07-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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LEOPOLDO J

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                    [ArticleID] => 252030
                    [Title] => Unitrust being readied for liquidation by PDIC
                    [Summary] => Unitrust Development Bank (Unitrust) is being readied for liquidation by the Philippine Deposit Insurance Corp (PDIC), closing the book on the bank that sank in 2002 after the take-over of controversial Japanese investor, Genta Ogami. 


PDIC president Ricardo Tan said over the weekend that Unitrust is about to be tabled for liquidation pending the final approval of the PDIC board of directors. 


                    [DatePublished] => 2004-05-31 00:00:00
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                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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                    [ArticleID] => 169884
                    [Title] => PBCom still bidding for Unitrust
                    [Summary] => The Philippine Bank of Communications (PBCom) has not formally withdrawn its bid to acquire Unitrust Development Bank (Unitrust), but has expressed apprehension in completing certain requirements of the Philippine Deposit Insurance Corp. (PDIC), the receiver of the troubled bank.


In an official communication, PBCom said that it was apprehensive about meeting the Aug. 4 deadline set by the PDIC for completion of the documentary requirements for PBCom’s rehabilitation plan for Unitrust.


                    [DatePublished] => 2002-07-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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                    [ArticleID] => 169541
                    [Title] => Yuseco group mulls judicial rehab for United Overseas Bank
                    [Summary] => A group claiming to own and control the beleaguered Unitrust Development Bank (Unitrust) is threatening to seek judicial rehabilitation after the Philippine Deposit Insurance Corp. (PDIC) rejected its rehabilitation proposal. 


A group led by Francis R. Yuseco, Leopoldo J. Valcarcel and lawyer Fred L. Gutierrez said they would seek judicial rehabilitation from the civil courts if the PDIC, receiver of the troubled commercial bank, does not recognize their proposal. Gutierrez claims to represent the holdings of G. Cosmos Philippines. 


                    [DatePublished] => 2002-07-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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abtest

Unitrust being readied for liquidation by PDIC

By Des Ferriols | May 31, 2004 - 12:00am

Unitrust Development Bank (Unitrust) is being readied for liquidation by the Philippine Deposit Insurance Corp (PDIC), closing the book on the bank that sank in 2002 after the take-over of controversial Japanese...

Business

PBCom still bidding for Unitrust

By Ted P. Torres | July 28, 2002 - 12:00am

The Philippine Bank of Communications (PBCom) has not formally withdrawn its bid to acquire Unitrust Development Bank (Unitrust), but has expressed apprehension in completing certain requirements of the Philippine...

Business

Yuseco group mulls judicial rehab for United Overseas Bank

By Ted P. Torres | July 25, 2002 - 12:00am

A group claiming to own and control the beleaguered Unitrust Development Bank (Unitrust) is threatening to seek judicial rehabilitation after the Philippine Deposit Insurance Corp. (PDIC) rejected its rehabilitation...

Business