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                    [ArticleID] => 1544944
                    [Title] => Singapore’s UOB opens Manila branch
                    [Summary] => 
Singapore-based United Overseas Bank Ltd. has opened its branch in the Philippines after getting the approval of the Bangko Sentral ng Pilipinas (BSP) as part of the government’s second wave of bank liberalization program.

                    [DatePublished] => 2016-01-21 09:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 1502032
                    [Title] => UOB to operate as commercial bank in Philippines
                    [Summary] => 
Singapore-based United Overseas Bank Limited (UOB) is set to operate as a commercial bank in the Philippines as part of the second wave of bank liberalization program in the country.

                    [DatePublished] => 2015-09-20 10:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 543541
                    [Title] => UOB, Prudential form bancassurance venture
                    [Summary] => 
Singapore’s United Overseas Bank and Prudential Corp. Asia have set up a regional bancassurance partnership, whereby Prudential will sell its insurance products through UOB’s retail network.
                    [DatePublished] => 2010-01-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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                    [ArticleID] => 413328
                    [Title] => Binigyan siya ng kapangyarihan
                    [Summary] => ANG kaso ay tungkol sa bahay at lupang pag-aari ng mag-asa-w­ang Vega. Isinangla nila ito sa UOB Bank. Nang hindi ...
                    [DatePublished] => 2008-11-08 00:00:00
                    [ColumnID] => 134393
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => PSN Opinyon
                    [SectionUrl] => opinyon
                    [URL] => 
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                    [ArticleID] => 83119
                    [Title] => Apparent authority
                    [Summary] => 
            
                    [DatePublished] => 2008-09-03 00:00:00
                    [ColumnID] => 133340
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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            [5] => Array
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                    [ArticleID] => 22752
                    [Title] => UOB upgrades 2007 growth forecast for RP
                    [Summary] => 
            
United Overseas Bank (UOB) has upgraded its 2007 economic growth forecast for the Philippines to 5.6 percent from the original target of 4.9 percent.
                    [DatePublished] => 2007-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 296472
                    [Title] => MB set to okay Banco de Oro’s acquisition of UOB’s branches
                    [Summary] => The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), is likely to approve soon Banco de Oro Universal Bank’s acquisition of the 66 branches of United Overseas Bank (UOB). 


"It’s just a matter of time.  We expect the MB to discuss the application soon. Definitely, the MB decision will be out within the year," BSP Deputy Governor Nestor Espenilla said yesterday.


Espenilla said the main concern on the BDO’s acquisition of UOB branches is "the acceptance of a structure."


                    [DatePublished] => 2005-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 279503
                    [Title] => S’pore bank eyes bigger BDO stake
                    [Summary] => Singapore’s United Overseas Bank Ltd. (UOB) is eyeing to raise its stake in Banco De Oro Universal Bank (BDO) from 2.4 percent to as much as eight percent, a top BDO official said.


"They are willing to take a much bigger stake in Banco de Oro but we have agreed jointly that we should take it slowly, one step at a time," BDO president Nestor Tan said.


UOB recently sold 66 of its 67 Philippine branches to BDO for P600 million in exchange for a 2.4-percent equity in the banking unit of the SM Group.


                    [DatePublished] => 2005-05-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 278926
                    [Title] => Banco de Oro launches P1.5-B LTNCD
                    [Summary] => After its successful purchase of the United Overseas Bank Limited of Singapore business last week, the Banco de Oro Universal Bank (Banco de Oro or BdO) is focused on raising funds through the issuance of P1.5 billion worth of long-term negotiable certificate of deposit (LTNCD) with five-year plus one-day tenor. Proceeds of the LTNCD will form part of its thrust of diversification of its deposit and maturity profile. But sources believe that it is preparing for another acquisition. 


                    [DatePublished] => 2005-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

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                (
                    [ArticleID] => 207625
                    [Title] => BSP sets conditions for Singapore group to buy out its local partners in UOB Phils
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) is requiring the United Overseas Bank of the Philippines (UOB) to immediately restore its minimum capital to P2.4 billion as a condition for the approval of UOB-Singapore’s plan to buy-out its Filipino partners.


The BSP set the condition last week when it took up UOB-Philippines’ request for clearance to allow UOB-Singapore to acquire up to 90 percent of the bank.


                    [DatePublished] => 2003-05-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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UOB

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                    [ArticleID] => 1544944
                    [Title] => Singapore’s UOB opens Manila branch
                    [Summary] => 
Singapore-based United Overseas Bank Ltd. has opened its branch in the Philippines after getting the approval of the Bangko Sentral ng Pilipinas (BSP) as part of the government’s second wave of bank liberalization program.

                    [DatePublished] => 2016-01-21 09:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
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                    [ArticleID] => 1502032
                    [Title] => UOB to operate as commercial bank in Philippines
                    [Summary] => 
Singapore-based United Overseas Bank Limited (UOB) is set to operate as a commercial bank in the Philippines as part of the second wave of bank liberalization program in the country.

                    [DatePublished] => 2015-09-20 10:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 543541
                    [Title] => UOB, Prudential form bancassurance venture
                    [Summary] => 
Singapore’s United Overseas Bank and Prudential Corp. Asia have set up a regional bancassurance partnership, whereby Prudential will sell its insurance products through UOB’s retail network.
                    [DatePublished] => 2010-01-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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                    [ArticleID] => 413328
                    [Title] => Binigyan siya ng kapangyarihan
                    [Summary] => ANG kaso ay tungkol sa bahay at lupang pag-aari ng mag-asa-w­ang Vega. Isinangla nila ito sa UOB Bank. Nang hindi ...
                    [DatePublished] => 2008-11-08 00:00:00
                    [ColumnID] => 134393
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => PSN Opinyon
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                    [ArticleID] => 83119
                    [Title] => Apparent authority
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                    [DatePublished] => 2008-09-03 00:00:00
                    [ColumnID] => 133340
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                    [AuthorName] => Jose C. Sison
                    [SectionName] => Opinion
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                    [ArticleID] => 22752
                    [Title] => UOB upgrades 2007 growth forecast for RP
                    [Summary] => 
            
United Overseas Bank (UOB) has upgraded its 2007 economic growth forecast for the Philippines to 5.6 percent from the original target of 4.9 percent.
                    [DatePublished] => 2007-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 296472
                    [Title] => MB set to okay Banco de Oro’s acquisition of UOB’s branches
                    [Summary] => The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), is likely to approve soon Banco de Oro Universal Bank’s acquisition of the 66 branches of United Overseas Bank (UOB). 


"It’s just a matter of time.  We expect the MB to discuss the application soon. Definitely, the MB decision will be out within the year," BSP Deputy Governor Nestor Espenilla said yesterday.


Espenilla said the main concern on the BDO’s acquisition of UOB branches is "the acceptance of a structure."


                    [DatePublished] => 2005-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 279503
                    [Title] => S’pore bank eyes bigger BDO stake
                    [Summary] => Singapore’s United Overseas Bank Ltd. (UOB) is eyeing to raise its stake in Banco De Oro Universal Bank (BDO) from 2.4 percent to as much as eight percent, a top BDO official said.


"They are willing to take a much bigger stake in Banco de Oro but we have agreed jointly that we should take it slowly, one step at a time," BDO president Nestor Tan said.


UOB recently sold 66 of its 67 Philippine branches to BDO for P600 million in exchange for a 2.4-percent equity in the banking unit of the SM Group.


                    [DatePublished] => 2005-05-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 278926
                    [Title] => Banco de Oro launches P1.5-B LTNCD
                    [Summary] => After its successful purchase of the United Overseas Bank Limited of Singapore business last week, the Banco de Oro Universal Bank (Banco de Oro or BdO) is focused on raising funds through the issuance of P1.5 billion worth of long-term negotiable certificate of deposit (LTNCD) with five-year plus one-day tenor. Proceeds of the LTNCD will form part of its thrust of diversification of its deposit and maturity profile. But sources believe that it is preparing for another acquisition. 


                    [DatePublished] => 2005-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

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                    [ArticleID] => 207625
                    [Title] => BSP sets conditions for Singapore group to buy out its local partners in UOB Phils
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) is requiring the United Overseas Bank of the Philippines (UOB) to immediately restore its minimum capital to P2.4 billion as a condition for the approval of UOB-Singapore’s plan to buy-out its Filipino partners.


The BSP set the condition last week when it took up UOB-Philippines’ request for clearance to allow UOB-Singapore to acquire up to 90 percent of the bank.


                    [DatePublished] => 2003-05-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
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abtest

Singapore’s UOB opens Manila branch

By Lawrence Agcaoili | January 21, 2016 - 9:00am

Singapore-based United Overseas Bank Ltd. has opened its branch in the Philippines after getting the approval of the Bangko Sentral ng Pilipinas (BSP) as part of the government’s second wave of bank liberalization...

Business

UOB to operate as commercial bank in Philippines

By Lawrence Agcaoili | September 20, 2015 - 10:00am

Singapore-based United Overseas Bank Limited (UOB) is set to operate as a commercial bank in the Philippines as part of the second wave of bank liberalization program in the country.

Business

UOB, Prudential form bancassurance venture

January 26, 2010 - 12:00am

Singapore’s United Overseas Bank and Prudential Corp. Asia have set up a regional bancassurance partnership, whereby Prudential will sell its insurance products through UOB’s retail network.

Banking

Binigyan siya ng kapangyarihan

By Jose C. Sison | November 8, 2008 - 12:00am

ANG kaso ay tungkol sa bahay at lupang pag-aari ng mag-asa-w­ang Vega. Isinangla nila ito sa UOB Bank. Nang hindi ...

PSN Opinyon

Apparent authority

By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | September 3, 2008 - 12:00am

Opinion

UOB upgrades 2007 growth forecast for RP

By Iris Gonzales | October 22, 2007 - 12:00am

United Overseas Bank (UOB) has upgraded its 2007 economic growth forecast for the Philippines to 5.6 percent from the original target of 4.9 percent.

Business

MB set to okay Banco de Oro’s acquisition of UOB’s branches

By Donnabelle L. Gatdula | September 13, 2005 - 12:00am

The Monetary Board (MB), the policy-making body of the Bangko Sentral ng Pilipinas (BSP), is likely to approve soon Banco de Oro Universal Bank’s acquisition of the 66 branches of United Overseas Bank (UOB)....

Business

S’pore bank eyes bigger BDO stake

By Zinnia B. Dela Peña | May 29, 2005 - 12:00am

Singapore’s United Overseas Bank Ltd. (UOB) is eyeing to raise its stake in Banco De Oro Universal Bank (BDO) from 2.4 percent to as much as eight percent, a top BDO official said. "They are willing to...

Business

Banco de Oro launches P1.5-B LTNCD

May 24, 2005 - 12:00am

After its successful purchase of the United Overseas Bank Limited of Singapore business last week, the Banco de Oro Universal Bank (Banco de Oro or BdO) is focused on raising funds through the issuance of P1.5 billion...

Banking

BSP sets conditions for Singapore group to buy out its local partners in UOB Phils

By Des Ferriols | May 26, 2003 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) is requiring the United Overseas Bank of the Philippines (UOB) to immediately restore its minimum capital to P2.4 billion as a condition for the approval of UOB-Singapore’s...

Business