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                (
                    [ArticleID] => 229785
                    [Title] => UCPB readies sale of P15-B idle assets
                    [Summary] => United Coconut Planters Bank is eyeing a further reduction of its non-performing assets via the wholesale auction of P12 billion to P15 billion of its real and other properties owned or acquire (ROPOA) within the next six or seven months. The bank had earlier sold at face value P8 billion of non-performing loans to the Philippine Deposit Insurance Corp. (PDIC).


                    [DatePublished] => 2003-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 86363
                    [Title] => BSP may require banks to provide additional cover for foreclosed assets
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) is planning to require banks to set aside additional provisioning for foreclosed assets on the day such assets are secured from borrowers who defaulted on their obligations.


Currently, banks are only required to set aside reserves for non-performing loans, which are reserved aside from profits. Foreclosed assets are only covered by reserves on the sixth year that these remain idle or unsold.


                    [DatePublished] => 2001-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 98669
                    [Title] => Banks’ NPLs start creeping up anew
                    [Summary] => With the continuing fall of the peso and the high interest rates, the non-performing loans (NPLs) of banks are expected to deteriorate anew.


In fact, the slide appears to have started based on the NPL levels of banks in August.


The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the NPL ratio of commercial banks had increased to 15.31 percent as of Aug. 31, from 15.26 percent in July.


In terms of absolute amounts, the combined NPLs of banks as of Aug. 31 reached P237.8 billion while the total loan portfolio was recorded at P1.553 trillion.


                    [DatePublished] => 2000-10-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

ROPOA

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    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 229785
                    [Title] => UCPB readies sale of P15-B idle assets
                    [Summary] => United Coconut Planters Bank is eyeing a further reduction of its non-performing assets via the wholesale auction of P12 billion to P15 billion of its real and other properties owned or acquire (ROPOA) within the next six or seven months. The bank had earlier sold at face value P8 billion of non-performing loans to the Philippine Deposit Insurance Corp. (PDIC).


                    [DatePublished] => 2003-11-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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                    [ArticleID] => 86363
                    [Title] => BSP may require banks to provide additional cover for foreclosed assets
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) is planning to require banks to set aside additional provisioning for foreclosed assets on the day such assets are secured from borrowers who defaulted on their obligations.


Currently, banks are only required to set aside reserves for non-performing loans, which are reserved aside from profits. Foreclosed assets are only covered by reserves on the sixth year that these remain idle or unsold.


                    [DatePublished] => 2001-05-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 98669
                    [Title] => Banks’ NPLs start creeping up anew
                    [Summary] => With the continuing fall of the peso and the high interest rates, the non-performing loans (NPLs) of banks are expected to deteriorate anew.


In fact, the slide appears to have started based on the NPL levels of banks in August.


The Bangko Sentral ng Pilipinas (BSP) reported yesterday that the NPL ratio of commercial banks had increased to 15.31 percent as of Aug. 31, from 15.26 percent in July.


In terms of absolute amounts, the combined NPLs of banks as of Aug. 31 reached P237.8 billion while the total loan portfolio was recorded at P1.553 trillion.


                    [DatePublished] => 2000-10-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

UCPB readies sale of P15-B idle assets

November 30, 2003 - 12:00am

United Coconut Planters Bank is eyeing a further reduction of its non-performing assets via the wholesale auction of P12 billion to P15 billion of its real and other properties owned or acquire (ROPOA) within the...

Business

BSP may require banks to provide additional cover for foreclosed assets

May 8, 2001 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) is planning to require banks to set aside additional provisioning for foreclosed assets on the day such assets are secured from borrowers who defaulted on their obligations. Currently,...

Business

Banks’ NPLs start creeping up anew

By Marianne V. Go | October 29, 2000 - 12:00am

With the continuing fall of the peso and the high interest rates, the non-performing loans (NPLs) of banks are expected to deteriorate anew. In fact, the slide appears to have started based on the NPL levels of...

Business