Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 204292
                    [Title] => Foreign banks seek clarification on VAT
                    [Summary] => Foreign banks are seeking clarification on the implementation of the value-added tax (VAT), saying there is a need to address the increase in the cost of borrowing for consumers who will not be able to pass it on to anyone. 


Hongkong and Shanghai Banking Corp. (HSBC) said its performance during the first quarter was on track with its target and the prospects still look good in the second quarter but the VAT issue is a concern especially for its consumer banking business. 


                    [DatePublished] => 2003-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 173666
                    [Title] => HSBC Savings Bank total deposits up in H1
                    [Summary] => HSBC Savings Bank (Philippines) Inc. reported an almost 100-percent growth in total deposits after a little over one year of operation. The bank is a subsidiary of the Hongkong Shanghai and Banking Corp. Ltd. (HSBC).


"First half deposit base grew satisfactorily or close to a 100 percent. We are ahead of our forecast," said Peter Yeates, HSBC head of personal financial services.


                    [DatePublished] => 2002-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 158634
                    [Title] => HSBC sees growth in consumer banking
                    [Summary] => The Hongkong and Shanghai Banking Corp. (HSBC) sees greater growth in consumer banking over commercial or corporate banking in the country this year.


Proof of HSBC’s bullish prospects on consumer banking this year, is the introduction of various consumer products aside from the enhancement of its thrift bank, the HSBC Savings Bank.


"There are better prospects (for the Philippine economy) this year," said Paul Lawrence, HSBC chief executive officer in the Philippines.
                    [DatePublished] => 2002-04-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 101036
                    [Title] => HSBC bares unique home loan package
                    [Summary] => 

After offering a series of home loan campaigns to signal its plans to expand
its personal banking business in the Philippines, HSBC launched recently a new
home loan package which combines low interest rates with a number of key
benefits seen to be most desired by aspiring homeowners. 

HSBC's new home loan offers interest rates as low as 11 percent per year,
currently one of the lowest in the market.
                    [DatePublished] => 2000-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

PETER YEATES

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 204292
                    [Title] => Foreign banks seek clarification on VAT
                    [Summary] => Foreign banks are seeking clarification on the implementation of the value-added tax (VAT), saying there is a need to address the increase in the cost of borrowing for consumers who will not be able to pass it on to anyone. 


Hongkong and Shanghai Banking Corp. (HSBC) said its performance during the first quarter was on track with its target and the prospects still look good in the second quarter but the VAT issue is a concern especially for its consumer banking business. 


                    [DatePublished] => 2003-04-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 173666
                    [Title] => HSBC Savings Bank total deposits up in H1
                    [Summary] => HSBC Savings Bank (Philippines) Inc. reported an almost 100-percent growth in total deposits after a little over one year of operation. The bank is a subsidiary of the Hongkong Shanghai and Banking Corp. Ltd. (HSBC).


"First half deposit base grew satisfactorily or close to a 100 percent. We are ahead of our forecast," said Peter Yeates, HSBC head of personal financial services.


                    [DatePublished] => 2002-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 158634
                    [Title] => HSBC sees growth in consumer banking
                    [Summary] => The Hongkong and Shanghai Banking Corp. (HSBC) sees greater growth in consumer banking over commercial or corporate banking in the country this year.


Proof of HSBC’s bullish prospects on consumer banking this year, is the introduction of various consumer products aside from the enhancement of its thrift bank, the HSBC Savings Bank.


"There are better prospects (for the Philippine economy) this year," said Paul Lawrence, HSBC chief executive officer in the Philippines.
                    [DatePublished] => 2002-04-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 101036
                    [Title] => HSBC bares unique home loan package
                    [Summary] => 

After offering a series of home loan campaigns to signal its plans to expand
its personal banking business in the Philippines, HSBC launched recently a new
home loan package which combines low interest rates with a number of key
benefits seen to be most desired by aspiring homeowners. 

HSBC's new home loan offers interest rates as low as 11 percent per year,
currently one of the lowest in the market.
                    [DatePublished] => 2000-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Foreign banks seek clarification on VAT

By Des Ferriols | April 30, 2003 - 12:00am

Foreign banks are seeking clarification on the implementation of the value-added tax (VAT), saying there is a need to address the increase in the cost of borrowing for consumers who will not be able to pass it on...

Business

HSBC Savings Bank total deposits up in H1

August 27, 2002 - 12:00am

HSBC Savings Bank (Philippines) Inc. reported an almost 100-percent growth in total deposits after a little over one year of operation. The bank is a subsidiary of the Hongkong Shanghai and Banking Corp. Ltd. (HSBC). "First...

Banking

HSBC sees growth in consumer banking

By Ted P. Torres | April 26, 2002 - 12:00am

The Hongkong and Shanghai Banking Corp. (HSBC) sees greater growth in consumer banking over commercial or corporate banking in the country this year. Proof of HSBC’s bullish prospects on consumer banking this...

Business

HSBC bares unique home loan package

March 11, 2000 - 12:00am

After offering a series of home loan campaigns to signal its plans to expand its personal banking business in the Philippines, HSBC launched recently a new home loan package which combines low interest rates...

Business