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                    [ArticleID] => 98879
                    [Title] => WB cautions on mergers in banking sector
                    [Summary] => 

The World Bank has cautioned that the prevailing merger and consolidation trend
in the Philippine banking sector will not always lead to good results.

"While the banking sector consolidation may create economies of scale,
technology and regulatory oversight, it also increases the scale of potential
distress resolution should one of the larger institutions deteriorate," the
World Bank said in its latest Asian quarterly report said.

The BSP has encouraged banks, particularly those undercapitalized, to merge
with one another to cope up with the stiff competition in the banking

                    [DatePublished] => 2000-05-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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PHILIPPINE ISLANDS AND FAR EAST BANK AND TRUST CO

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                    [ArticleID] => 98879
                    [Title] => WB cautions on mergers in banking sector
                    [Summary] => 

The World Bank has cautioned that the prevailing merger and consolidation trend
in the Philippine banking sector will not always lead to good results.

"While the banking sector consolidation may create economies of scale,
technology and regulatory oversight, it also increases the scale of potential
distress resolution should one of the larger institutions deteriorate," the
World Bank said in its latest Asian quarterly report said.

The BSP has encouraged banks, particularly those undercapitalized, to merge
with one another to cope up with the stiff competition in the banking

                    [DatePublished] => 2000-05-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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WB cautions on mergers in banking sector

By Donnabelle L. Gatdula | May 2, 2000 - 12:00am

The World Bank has cautioned that the prevailing merger and consolidation trend in the Philippine banking sector will not always lead to good results. "While the banking sector consolidation may create economies...

Business