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                    [ArticleID] => 291091
                    [Title] => Japanese bank selling 17% stake in RCBC
                    [Summary] => An equity package of 17 percent in Rizal Commercial Banking Corp. (RCBC) is up for sale, as the bank’s Japanese partner merges with another bank on Oct. 1.


The 17-percent RCBC stake is owned by UFJ Holdings Inc., which merged with Mitsubishi Tokyo Financial Group Inc., the second largest banking group in Japan with the Bank of Tokyo-Mitsubishi as the surviving entity in the merger, UFJ will have to sell its stake in RCBC since the Bank of Tokyo-Mitsubishi has its own banking operation in the Philippines.


                    [DatePublished] => 2005-08-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 289097
                    [Title] => RCBC ownership structure may change due to merger of second biggest stockholder
                    [Summary] => The Yuchengco-controlled Rizal Commercial Banking Corp. (RCBC) expects its ownership structure to change when its second biggest shareholder, UFJ Holdings Inc. of Japan, merges with another bank later this year. 


UFJ Holdings, which holds a 17-percent stake in RCBC, is slated to merge with Mitsubishi Tokyo Financial Group Inc., the second-largest Japanese banking group in terms of assets, on Oct. 1.  UFJ and  MTFG plan to merge their holding companies, securities firms, commercial banks and trust banks.


                    [DatePublished] => 2005-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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MITSUBISHI TOKYO FINANCIAL GROUP INC

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    [results] => Array
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                    [ArticleID] => 291091
                    [Title] => Japanese bank selling 17% stake in RCBC
                    [Summary] => An equity package of 17 percent in Rizal Commercial Banking Corp. (RCBC) is up for sale, as the bank’s Japanese partner merges with another bank on Oct. 1.


The 17-percent RCBC stake is owned by UFJ Holdings Inc., which merged with Mitsubishi Tokyo Financial Group Inc., the second largest banking group in Japan with the Bank of Tokyo-Mitsubishi as the surviving entity in the merger, UFJ will have to sell its stake in RCBC since the Bank of Tokyo-Mitsubishi has its own banking operation in the Philippines.


                    [DatePublished] => 2005-08-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 289097
                    [Title] => RCBC ownership structure may change due to merger of second biggest stockholder
                    [Summary] => The Yuchengco-controlled Rizal Commercial Banking Corp. (RCBC) expects its ownership structure to change when its second biggest shareholder, UFJ Holdings Inc. of Japan, merges with another bank later this year. 


UFJ Holdings, which holds a 17-percent stake in RCBC, is slated to merge with Mitsubishi Tokyo Financial Group Inc., the second-largest Japanese banking group in terms of assets, on Oct. 1.  UFJ and  MTFG plan to merge their holding companies, securities firms, commercial banks and trust banks.


                    [DatePublished] => 2005-07-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Japanese bank selling 17% stake in RCBC

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

An equity package of 17 percent in Rizal Commercial Banking Corp. (RCBC) is up for sale, as the bank’s Japanese partner merges with another bank on Oct. 1. The 17-percent RCBC stake is owned by UFJ Holdings...

Business

RCBC ownership structure may change due to merger of second biggest stockholder

By Zinnia B. Dela Peña | July 31, 2005 - 12:00am

The Yuchengco-controlled Rizal Commercial Banking Corp. (RCBC) expects its ownership structure to change when its second biggest shareholder, UFJ Holdings Inc. of Japan, merges with another bank later this year....

Business