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] => 156024
                    [Title] => One McKinley completed in one year — developers
                    [Summary] => The developers of the multi-billion peso One McKinley Place building in the Bonifacio Global City have committed to finish the project within a year, after almost two years in the backburner as a consequence of the closure of one of its major stockholders, Urban Bank.


The corporate vehicle for the project, One McKinley Place Inc. (OMPI), is a 50-50 joint venture between Philippine Townships Inc., the property arm of RFM Corp., and publicly-listed Urbancorp Realty Developers Inc. (URDI), the counterpart property unit of Urban Bank.


                    [DatePublished] => 2002-04-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 132942
                    [Title] => DOJ files three new cases versus 5 Urban Bank offi
                    [Summary] => The Department of Justice has filed three new criminal cases against five Urban Bank Inc. officials, including its former president and chief executive Teodoro Borlongan, for violating the country’s laws on lending.


Borlongan and four other former officers of Urban Bank were charged with violating the central bank’s single borrower’s limit" and "real estate exposure limit," when they "unlawfully" and "feloniously" purchased "trash" receivables from Urbancorp Investments Inc. on April 19, 2000.


                    [DatePublished] => 2001-09-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 97995
                    [Title] => Bartolome hits delay in Urban Bank reopening
                    [Summary] => Urban Bank chairman Archit Bartolome lambasted yesterday government’s delayed action in approving the acquisition of Urban Bank by the Bank of Commerce, saying it was part of a political vendetta.


Bartolome stressed that the closure of Urban Bank, for six months now, has unnecessarily imposed burdens on depositors and investors.

                    [DatePublished] => 2000-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 98874
                    [Title] => Tighter watch on banks, subsidiaries pushed
                    [Summary] => 

With at least two cases of banks questionably supporting the activities of
their investment houses, the Bangko Sentral ng Pilipinas (BSP) is pushing for
the consolidation of the supervision and examination of a bank and its
affiliates to be able to detect any cross-transactions.

BSP Gov.
                    [DatePublished] => 2000-05-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 98859
                    [Title] => BSP finds channeling of funds by Urban Bank
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) said Urban Bank may have channeled some
of its funds to help its investment house, Urbancorp Investment Corp.

BSP Gov. Rafael B. Buenaventura and Deputy Gov. Alberto Reyes Jr.
                    [DatePublished] => 2000-05-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

URBANCORP INVESTMENTS

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] => 156024
                    [Title] => One McKinley completed in one year — developers
                    [Summary] => The developers of the multi-billion peso One McKinley Place building in the Bonifacio Global City have committed to finish the project within a year, after almost two years in the backburner as a consequence of the closure of one of its major stockholders, Urban Bank.


The corporate vehicle for the project, One McKinley Place Inc. (OMPI), is a 50-50 joint venture between Philippine Townships Inc., the property arm of RFM Corp., and publicly-listed Urbancorp Realty Developers Inc. (URDI), the counterpart property unit of Urban Bank.


                    [DatePublished] => 2002-04-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 132942
                    [Title] => DOJ files three new cases versus 5 Urban Bank offi
                    [Summary] => The Department of Justice has filed three new criminal cases against five Urban Bank Inc. officials, including its former president and chief executive Teodoro Borlongan, for violating the country’s laws on lending.


Borlongan and four other former officers of Urban Bank were charged with violating the central bank’s single borrower’s limit" and "real estate exposure limit," when they "unlawfully" and "feloniously" purchased "trash" receivables from Urbancorp Investments Inc. on April 19, 2000.


                    [DatePublished] => 2001-09-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 97995
                    [Title] => Bartolome hits delay in Urban Bank reopening
                    [Summary] => Urban Bank chairman Archit Bartolome lambasted yesterday government’s delayed action in approving the acquisition of Urban Bank by the Bank of Commerce, saying it was part of a political vendetta.


Bartolome stressed that the closure of Urban Bank, for six months now, has unnecessarily imposed burdens on depositors and investors.

                    [DatePublished] => 2000-11-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 98874
                    [Title] => Tighter watch on banks, subsidiaries pushed
                    [Summary] => 

With at least two cases of banks questionably supporting the activities of
their investment houses, the Bangko Sentral ng Pilipinas (BSP) is pushing for
the consolidation of the supervision and examination of a bank and its
affiliates to be able to detect any cross-transactions.

BSP Gov.
                    [DatePublished] => 2000-05-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 98859
                    [Title] => BSP finds channeling of funds by Urban Bank
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) said Urban Bank may have channeled some
of its funds to help its investment house, Urbancorp Investment Corp.

BSP Gov. Rafael B. Buenaventura and Deputy Gov. Alberto Reyes Jr.
                    [DatePublished] => 2000-05-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

EIB to rationalize subsidiaries

October 24, 2002 - 12:00am

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...

Business

One McKinley completed in one year — developers

By Christina Mendez | April 4, 2002 - 12:00am

The developers of the multi-billion peso One McKinley Place building in the Bonifacio Global City have committed to finish the project within a year, after almost two years in the backburner as a consequence of the...

Business

DOJ files three new cases versus 5 Urban Bank offi

September 8, 2001 - 12:00am

The Department of Justice has filed three new criminal cases against five Urban Bank Inc. officials, including its former president and chief executive Teodoro Borlongan, for violating the country’s laws on...

Business

Bartolome hits delay in Urban Bank reopening

November 22, 2000 - 12:00am

Urban Bank chairman Archit Bartolome lambasted yesterday government’s delayed action in approving the acquisition of Urban Bank by the Bank of Commerce, saying...

Business

Tighter watch on banks, subsidiaries pushed

By Marianne V. Go | May 2, 2000 - 12:00am

With at least two cases of banks questionably supporting the activities of their investment houses, the Bangko Sentral ng Pilipinas (BSP) is pushing for the consolidation of the supervision and examination of...

Business

BSP finds channeling of funds by Urban Bank

By Marianne V. Go | May 1, 2000 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) said Urban Bank may have channeled some of its funds to help its investment house, Urbancorp Investment Corp. BSP Gov. Rafael B. Buenaventura and Deputy Gov. Alberto Reyes...

Business