+ Follow URBAN BANK INC Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 181151
[Title] => EIB to rationalize subsidiaries
[Summary] => Export and Industry Bank (EIB) will look into the state of its subsidiaries in a move to assess and rationalize their continued operations as the bank streamlines its focus on profitable ventures.
In a letter to the Philippine Stock Exchange, EIB said the rationalization of its various subsidiaries and affiliates started upon the takeover and merger of EIB, Urban Bank Inc. and Urbancorp Investments Inc. last year, and was led by the sale of its travel agency Urbancorp Travel Services Inc. to the Unilab Group in December 2001.
[DatePublished] => 2002-10-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 163374
[Title] => Export Industry Bank settles 1st-year repayment notes
[Summary] => Export and Industry Bank (EIB) is prepared to accelerate settlement of the first year repayment notes under the three-year liability servicing plant (LSP) of the Urban Bank Inc. (UBI) and Urbancorp Investments Inc. (UII) rehabilitation program due on Sept. 13, 2002.
UBI/UII’s rehabilitation is well on track, according to the Philippine Deposit Insurance Corp. (PDIC).
EIB advised the PDIC that it is contemplating to discount at prevailing market rates, the second year repayment notes due on September 2003.
[DatePublished] => 2002-06-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
(
[ArticleID] => 149635
[Title] => SEC okays Export Bank, Urban Bank merger
[Summary] => The Securities and Exchange Commission (SEC) has approved the proposed merger between Export and Industry Bank (EIB) and debt-ridden Urban Bank Inc. (UBI) as well as its investment arm Urbancorp Investments Inc. (UII).
Designated as the white knight that could pluck the bank out of its financial rut, EIB will be merging with a new bank to be formed out of the merger between UBI and UII within six months of the opening of the new bank.
The merger will give the new entity a projected capital base in excess of P6 billion.
[DatePublished] => 2002-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 96160
[Title] => Urban Bank may open August 1
[Summary] => Urban Bank Inc. may open by Aug. 1 this year, over two months ahead of the schedule set by its savior, the Export and Industry Bank (EIB).
This was revealed by Corazon de la Paz, the interim receiver appointed by the Securities and Exchange Commission (SEC) who said there are "no major hurdles anymore" after the Bank of Commerce decided to shelve its proposed rehabilitation plan.
De la Paz said BOC decided to give way to the rehabilitation plan presented by EIB, removing the last obstacle to the reopening of UBI.
[DatePublished] => 2001-05-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 99317
[Title] => Urban Bank may open August 1
[Summary] => Urban Bank Inc. may open by Aug. 1 this year, over two months ahead of the schedule set by its savior, the Export and Industry Bank (EIB).
This was revealed by Corazon de la Paz, the interim receiver appointed by the Securities and Exchange Commission (SEC) who said there are "no major hurdles anymore" after the Bank of Commerce decided to shelve its proposed rehabilitation plan.
De la Paz said BOC decided to give way to the rehabilitation plan presented by EIB, removing the last obstacle to the reopening of UBI.
[DatePublished] => 2001-05-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 98655
[Title] => BSP, PDIC file new estafa raps versus 11 Urban Bank officials
[Summary] => Monetary offficials filed anew before the Department of Justice estafa charges against 11 Urban Bank Inc. officials whom they said were responsible for the April 25 closure of the universal bank, having misappropriated some P1.8 billion in depositors’ money.
The new suit is on top of a similar yet separate swindling charges filed earlier by the Bangko Sentral ng Pilipinas and the Philippine Deposit Insurance Corp. (BSP-PDIC) in the DOJ against the same set of UBI executives which involves some P2.8 billion.
[DatePublished] => 2000-10-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096652
[AuthorName] => Delon Porcalla
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 125066
[Title] => PDIC at BSP sinisi ang UBI sa bank holiday
[Summary] => Isinisi ng mga opisyal ng Urban Bank Inc. (UBI) sa Philippine Deposit Insurance Corporation at Bangko Sentral ng Pilipinas ang pagsasagawa nila ng bank holiday noong Abril 26, 2000 dahil sa umano’y paglilipat ng P2.8 bilyong utang ng Urban Corp Investment patungo sa UBI. Sinabi ng UBI sa isinumite nitong counter-affidavit sa Department of Justice na walang naganap na pagdispalko dahil napag-iingatan ang lahat ng pera bukod sa ang paglilipat ng utang ay batay sa Central Bank rules. (Ulat ni Grace R. Amargo)
[DatePublished] => 2000-10-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
)
)
URBAN BANK INC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 181151
[Title] => EIB to rationalize subsidiaries
[Summary] => Export and Industry Bank (EIB) will look into the state of its subsidiaries in a move to assess and rationalize their continued operations as the bank streamlines its focus on profitable ventures.
In a letter to the Philippine Stock Exchange, EIB said the rationalization of its various subsidiaries and affiliates started upon the takeover and merger of EIB, Urban Bank Inc. and Urbancorp Investments Inc. last year, and was led by the sale of its travel agency Urbancorp Travel Services Inc. to the Unilab Group in December 2001.
[DatePublished] => 2002-10-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 163374
[Title] => Export Industry Bank settles 1st-year repayment notes
[Summary] => Export and Industry Bank (EIB) is prepared to accelerate settlement of the first year repayment notes under the three-year liability servicing plant (LSP) of the Urban Bank Inc. (UBI) and Urbancorp Investments Inc. (UII) rehabilitation program due on Sept. 13, 2002.
UBI/UII’s rehabilitation is well on track, according to the Philippine Deposit Insurance Corp. (PDIC).
EIB advised the PDIC that it is contemplating to discount at prevailing market rates, the second year repayment notes due on September 2003.
[DatePublished] => 2002-06-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
(
[ArticleID] => 149635
[Title] => SEC okays Export Bank, Urban Bank merger
[Summary] => The Securities and Exchange Commission (SEC) has approved the proposed merger between Export and Industry Bank (EIB) and debt-ridden Urban Bank Inc. (UBI) as well as its investment arm Urbancorp Investments Inc. (UII).
Designated as the white knight that could pluck the bank out of its financial rut, EIB will be merging with a new bank to be formed out of the merger between UBI and UII within six months of the opening of the new bank.
The merger will give the new entity a projected capital base in excess of P6 billion.
[DatePublished] => 2002-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 96160
[Title] => Urban Bank may open August 1
[Summary] => Urban Bank Inc. may open by Aug. 1 this year, over two months ahead of the schedule set by its savior, the Export and Industry Bank (EIB).
This was revealed by Corazon de la Paz, the interim receiver appointed by the Securities and Exchange Commission (SEC) who said there are "no major hurdles anymore" after the Bank of Commerce decided to shelve its proposed rehabilitation plan.
De la Paz said BOC decided to give way to the rehabilitation plan presented by EIB, removing the last obstacle to the reopening of UBI.
[DatePublished] => 2001-05-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 99317
[Title] => Urban Bank may open August 1
[Summary] => Urban Bank Inc. may open by Aug. 1 this year, over two months ahead of the schedule set by its savior, the Export and Industry Bank (EIB).
This was revealed by Corazon de la Paz, the interim receiver appointed by the Securities and Exchange Commission (SEC) who said there are "no major hurdles anymore" after the Bank of Commerce decided to shelve its proposed rehabilitation plan.
De la Paz said BOC decided to give way to the rehabilitation plan presented by EIB, removing the last obstacle to the reopening of UBI.
[DatePublished] => 2001-05-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 98655
[Title] => BSP, PDIC file new estafa raps versus 11 Urban Bank officials
[Summary] => Monetary offficials filed anew before the Department of Justice estafa charges against 11 Urban Bank Inc. officials whom they said were responsible for the April 25 closure of the universal bank, having misappropriated some P1.8 billion in depositors’ money.
The new suit is on top of a similar yet separate swindling charges filed earlier by the Bangko Sentral ng Pilipinas and the Philippine Deposit Insurance Corp. (BSP-PDIC) in the DOJ against the same set of UBI executives which involves some P2.8 billion.
[DatePublished] => 2000-10-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096652
[AuthorName] => Delon Porcalla
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 125066
[Title] => PDIC at BSP sinisi ang UBI sa bank holiday
[Summary] => Isinisi ng mga opisyal ng Urban Bank Inc. (UBI) sa Philippine Deposit Insurance Corporation at Bangko Sentral ng Pilipinas ang pagsasagawa nila ng bank holiday noong Abril 26, 2000 dahil sa umano’y paglilipat ng P2.8 bilyong utang ng Urban Corp Investment patungo sa UBI. Sinabi ng UBI sa isinumite nitong counter-affidavit sa Department of Justice na walang naganap na pagdispalko dahil napag-iingatan ang lahat ng pera bukod sa ang paglilipat ng utang ay batay sa Central Bank rules. (Ulat ni Grace R. Amargo)
[DatePublished] => 2000-10-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
)
)
abtest
October 24, 2002 - 12:00am
October 9, 2000 - 12:00am
