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The Philippine National Bank (PNB) has increased its equity interest in Japan-PNB Leasing & Finance Corp. from 60 to 90 percent. PNB’s additional holdings were acquired from minority partners, IBJ Leasing Co. Ltd. and Mizuho Corporate Bank, which divested their 25 percent and five percent stake, respectively, in the leasing company. 
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                    [Title] => FCDU loans down 5%
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Data from the Bangko Sentral ng Pilipinas (BSP) shows that foreign currency deposit units (FCDUs) of commercial and thrift banks likewise dropped by 15.4 percent compared to the nine-month level in 2001. 


In contrast, the BSP said peso loans stood at P1.159 billion, up by 3.9 percent and 4.7 percent from the previous quarter and the previous year, respectively. 


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MIZUHO CORPORATE BANK

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                    [Title] => FCDU loans down 5%
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abtest

PNB ups holdings in leasing firm

February 8, 2011 - 12:00am

The Philippine National Bank (PNB) has increased its equity interest in Japan-PNB Leasing & Finance Corp. from 60 to 90 percent. PNB’s additional holdings were acquired from minority partners, IBJ...

Banking

Profit-taking drags down index

By Zinnia B. Dela Peña | October 29, 2010 - 12:00am

Share prices tumbled in moderately active trading yesterday as investors continued to take profits.

Business

Manila Water inks $150-million term loan with 4 international banks

By Marianne V. Go | October 22, 2010 - 12:00am

Manila Water announced yesterday that it has concluded a $150-million term loan facility with four international banks.

Business

Dollar gains on yen in Asia after stocks rebound

August 3, 2007 - 11:10am

TOKYO (AFP) - The dollar edged up against the yen in Asian trade Friday as a rebound in global share prices helped to calm jittery currency markets, dealers said.

Nation

Dollar claws back ahead of more housing data

July 26, 2007 - 10:51am

Nation

Dollar slumps to fresh 26-year low against sterling

July 18, 2007 - 10:47am

Nation

Euro soars to record high against yen

July 13, 2007 - 12:17pm

Nation

No respite for RP 5, leaves for SEABA

May 23, 2007 - 12:00am

Nation

FCDU loans down 5%

January 20, 2003 - 12:00am

Loans against foreign currency deposits dropped by five percent to $4.898 billion during the third quarter of 2002. Data from the Bangko Sentral ng Pilipinas (BSP) shows that foreign currency deposit units (FCDUs)...

Business