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    [results] => Array
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                    [ArticleID] => 834611
                    [Title] => NE-based GM Bank eyes acquisitions
                    [Summary] => 
Nueva Ecija-based GM Bank of Luzon Inc., one of the country’s most aggressive rural banks, is actively looking for other banks to acquire, a top official said.
                    [DatePublished] => 2012-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 332653
                    [Title] => Plantersbank nets P600M
                    [Summary] => Planters Development Bank posted a net income of P600 million based on the newly-implemented International Accounting Standards (IAS) in 2005, the bank’s top official said.


Jesus P. Tambunting, Plantersbank chairman and CEO, said prior to the IAS adjustments, the bank made a P320-million profit last year, lower than the P400-million income in 2004.


He said they are looking at improving net earnings by another P350 million this year and by P500 million in 2007 as its loan portfolio continues to expand.


                    [DatePublished] => 2006-04-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 183665
                    [Title] => Rural banks’ resources up 11% in H1
                    [Summary] => The combined resources of the rural and cooperative banking system grew to P76.7 billion in the first half of 2002, or 11.62  percent better than the P68.71 billion recorded in the same period in 2001.


Likewise, it grew by 7.61-percent higher than the P71.27 billion recorded by end 2001.


The rural banking sector accounted for 93.5 percent while the cooperative banking sector took the balance.


                    [DatePublished] => 2002-11-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

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)

RURAL BANK INC

Array
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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 834611
                    [Title] => NE-based GM Bank eyes acquisitions
                    [Summary] => 
Nueva Ecija-based GM Bank of Luzon Inc., one of the country’s most aggressive rural banks, is actively looking for other banks to acquire, a top official said.
                    [DatePublished] => 2012-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 332653
                    [Title] => Plantersbank nets P600M
                    [Summary] => Planters Development Bank posted a net income of P600 million based on the newly-implemented International Accounting Standards (IAS) in 2005, the bank’s top official said.


Jesus P. Tambunting, Plantersbank chairman and CEO, said prior to the IAS adjustments, the bank made a P320-million profit last year, lower than the P400-million income in 2004.


He said they are looking at improving net earnings by another P350 million this year and by P500 million in 2007 as its loan portfolio continues to expand.


                    [DatePublished] => 2006-04-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 183665
                    [Title] => Rural banks’ resources up 11% in H1
                    [Summary] => The combined resources of the rural and cooperative banking system grew to P76.7 billion in the first half of 2002, or 11.62  percent better than the P68.71 billion recorded in the same period in 2001.


Likewise, it grew by 7.61-percent higher than the P71.27 billion recorded by end 2001.


The rural banking sector accounted for 93.5 percent while the cooperative banking sector took the balance.


                    [DatePublished] => 2002-11-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

        )

)

abtest

NE-based GM Bank eyes acquisitions

By Donnabelle L. Gatdula | August 4, 2012 - 12:00am

Nueva Ecija-based GM Bank of Luzon Inc., one of the country’s most aggressive rural banks, is actively looking for other banks to acquire, a top official said.

Business

Plantersbank nets P600M

By Ted P. Torres | April 22, 2006 - 12:00am

Planters Development Bank posted a net income of P600 million based on the newly-implemented International Accounting Standards (IAS) in 2005, the bank’s top official said. Jesus P. Tambunting, Plantersbank...

Business

Rural banks’ resources up 11% in H1

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

The combined resources of the rural and cooperative banking system grew to P76.7 billion in the first half of 2002, or 11.62 percent better than the P68.71 billion recorded in the same period in 2001. Likewise,...

Banking