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                    [ArticleID] => 387314
                    [Title] => Allied Bank posts 20% profit growth in 2006
                    [Summary] => 



Lucio Tan-owned Allied Banking Corp. expanded its earnings by 20 percent from P1.23 billion in 2005 to P1.48 billion last year, the bank said in a statement.


It added that total resources grew 5.2 percent to P127.5 billion from P121.1 billion in 2005 as deposits went up 10 percent in 2006, or from P98.4 billion in 2005 to P108.5 billion. 


Allied Bank ranked ninth overall among the country’s commercial banks in terms of total deposits as of end-2006. 


                    [DatePublished] => 2007-03-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 277338
                    [Title] => Allied Bank sells P4.3-B worth of bad assets
                    [Summary] => Allied Banking Corp. has sold P4.3-billion worth of non-performing assets (NPAs) through the special purpose vehicle (SPV) route in a joint venture with ADC Resources and Holdings (SPV-AMC) Inc.


Of the total NPAs sold, P1.5 billion are ROPOAs (real and other properties owned or acquired) and P2.8 billion in non-performing loans or NPLs, mostly unsecured.


                    [DatePublished] => 2005-05-13 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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RESOURCES AND HOLDINGS

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                    [ArticleID] => 387314
                    [Title] => Allied Bank posts 20% profit growth in 2006
                    [Summary] => 



Lucio Tan-owned Allied Banking Corp. expanded its earnings by 20 percent from P1.23 billion in 2005 to P1.48 billion last year, the bank said in a statement.


It added that total resources grew 5.2 percent to P127.5 billion from P121.1 billion in 2005 as deposits went up 10 percent in 2006, or from P98.4 billion in 2005 to P108.5 billion. 


Allied Bank ranked ninth overall among the country’s commercial banks in terms of total deposits as of end-2006. 


                    [DatePublished] => 2007-03-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 277338
                    [Title] => Allied Bank sells P4.3-B worth of bad assets
                    [Summary] => Allied Banking Corp. has sold P4.3-billion worth of non-performing assets (NPAs) through the special purpose vehicle (SPV) route in a joint venture with ADC Resources and Holdings (SPV-AMC) Inc.


Of the total NPAs sold, P1.5 billion are ROPOAs (real and other properties owned or acquired) and P2.8 billion in non-performing loans or NPLs, mostly unsecured.


                    [DatePublished] => 2005-05-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Allied Bank posts 20% profit growth in 2006

By Ted P. Torres | March 1, 2007 - 12:00am

Lucio Tan-owned Allied Banking Corp. expanded its earnings by 20 percent from P1.23 billion in 2005 to P1.48 billion last year, the bank said in a statement. It added that total resources grew 5.2 percent...

Business

Allied Bank sells P4.3-B worth of bad assets

By Ted P. Torres | May 13, 2005 - 12:00am

Allied Banking Corp. has sold P4.3-billion worth of non-performing assets (NPAs) through the special purpose vehicle (SPV) route in a joint venture with ADC Resources and Holdings (SPV-AMC) Inc. Of the total NPAs...

Business