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                    [ArticleID] => 255573
                    [Title] => Banco de Oro takes different approach in getting rid of NPAs
                    [Summary] => Banco de Oro Universal Bank (Bdo) has joined hands with several property firms to dispose of its ROPOA (real and other properties owned and acquired) and non-performing loans (NPCs).


BdO president Nestor V. Tan said  they are looking to dispose of roughly 25 percent to 30 percent the bank’s of ROPOA or an estimated P1.15 billion to P1.35 billion worth of properties through its joint undertakings with property developers.


BdO’s ROPOA stood at P4.6 billion in 2003 from P5.1 billion in 2002.


                    [DatePublished] => 2004-06-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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LUCIA REALTY AND DEVELOPMENT CORP

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                    [Title] => Banco de Oro takes different approach in getting rid of NPAs
                    [Summary] => Banco de Oro Universal Bank (Bdo) has joined hands with several property firms to dispose of its ROPOA (real and other properties owned and acquired) and non-performing loans (NPCs).


BdO president Nestor V. Tan said  they are looking to dispose of roughly 25 percent to 30 percent the bank’s of ROPOA or an estimated P1.15 billion to P1.35 billion worth of properties through its joint undertakings with property developers.


BdO’s ROPOA stood at P4.6 billion in 2003 from P5.1 billion in 2002.


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                    [AuthorName] =>  Ted P. Torres
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Banco de Oro takes different approach in getting rid of NPAs

By Ted P. Torres | June 28, 2004 - 12:00am

Banco de Oro Universal Bank (Bdo) has joined hands with several property firms to dispose of its ROPOA (real and other properties owned and acquired) and non-performing loans (NPCs). BdO president Nestor V. Tan...

Business