Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 268887
                    [Title] => Banco de Oro pursues acquisition of Export and Industry Bank
                    [Summary] => Banco de Oro Universal Bank (BDO) is pursuing its bid to acquire medium-sized Export and Industry Bank (EIB) as the Henry Sy-led bank continues its bid to break into the top three in the country’s commercial banking system.


There were reports that officials of the Bangko Sentral ng Pilipinas (BSP), the Philippine Deposit Insurance Corp. (PDIC) and representatives of the two banks held a meeting Thursday afternoon at the BSP to thresh out the mechanics of the acquisition plan by BDO.


                    [DatePublished] => 2005-03-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 269019
                    [Title] => Banco de Oro pursues acquisition of Export and Industry Bank
                    [Summary] => Banco de Oro Universal Bank (BDO) is pursuing its bid to acquire medium-sized Export and Industry Bank (EIB) as the Henry Sy-led bank continues its bid to break into the top three in the country’s commercial banking system.


There were reports that officials of the Bangko Sentral ng Pilipinas (BSP), the Philippine Deposit Insurance Corp. (PDIC) and representatives of the two banks held a meeting Thursday afternoon at the BSP to thresh out the mechanics of the acquisition plan by BDO.


                    [DatePublished] => 2005-03-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 264553
                    [Title] => Export Bank eyes foreign partner for SPV venture
                    [Summary] => The Export and Industry Bank (EIB) has started talks with a foreign financial institution for the formation of a special purpose vehicle (SPV) to dispose of some P1.7-billion worth of non-performing assets (NPAs). 


"The bad debts garbage heap continues to stink," said outgoing EIB vice chairman Reynaldo G. David. "Thus we have decided to enter into a SPV transaction that is a bold venture into uncharted territory but the rational and right financial decision. It is the only way the bank can dispose of the NPAs that clogs the balance sheet."


                    [DatePublished] => 2004-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

LIABILITIES SERVICING PLAN

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 268887
                    [Title] => Banco de Oro pursues acquisition of Export and Industry Bank
                    [Summary] => Banco de Oro Universal Bank (BDO) is pursuing its bid to acquire medium-sized Export and Industry Bank (EIB) as the Henry Sy-led bank continues its bid to break into the top three in the country’s commercial banking system.


There were reports that officials of the Bangko Sentral ng Pilipinas (BSP), the Philippine Deposit Insurance Corp. (PDIC) and representatives of the two banks held a meeting Thursday afternoon at the BSP to thresh out the mechanics of the acquisition plan by BDO.


                    [DatePublished] => 2005-03-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 269019
                    [Title] => Banco de Oro pursues acquisition of Export and Industry Bank
                    [Summary] => Banco de Oro Universal Bank (BDO) is pursuing its bid to acquire medium-sized Export and Industry Bank (EIB) as the Henry Sy-led bank continues its bid to break into the top three in the country’s commercial banking system.


There were reports that officials of the Bangko Sentral ng Pilipinas (BSP), the Philippine Deposit Insurance Corp. (PDIC) and representatives of the two banks held a meeting Thursday afternoon at the BSP to thresh out the mechanics of the acquisition plan by BDO.


                    [DatePublished] => 2005-03-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 264553
                    [Title] => Export Bank eyes foreign partner for SPV venture
                    [Summary] => The Export and Industry Bank (EIB) has started talks with a foreign financial institution for the formation of a special purpose vehicle (SPV) to dispose of some P1.7-billion worth of non-performing assets (NPAs). 


"The bad debts garbage heap continues to stink," said outgoing EIB vice chairman Reynaldo G. David. "Thus we have decided to enter into a SPV transaction that is a bold venture into uncharted territory but the rational and right financial decision. It is the only way the bank can dispose of the NPAs that clogs the balance sheet."


                    [DatePublished] => 2004-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Banco de Oro pursues acquisition of Export and Industry Bank

By Ted P. Torres | March 5, 2005 - 12:00am

Banco de Oro Universal Bank (BDO) is pursuing its bid to acquire medium-sized Export and Industry Bank (EIB) as the Henry Sy-led bank continues its bid to break into the top three in the country’s commercial...

Business

Banco de Oro pursues acquisition of Export and Industry Bank

By Ted P. Torres | March 5, 2005 - 12:00am

Banco de Oro Universal Bank (BDO) is pursuing its bid to acquire medium-sized Export and Industry Bank (EIB) as the Henry Sy-led bank continues its bid to break into the top three in the country’s commercial...

Business

Export Bank eyes foreign partner for SPV venture

By Ted P. Torres | September 13, 2004 - 12:00am

The Export and Industry Bank (EIB) has started talks with a foreign financial institution for the formation of a special purpose vehicle (SPV) to dispose of some P1.7-billion worth of non-performing assets (NPAs)....

Business