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                    [Title] => EPCIB dissolves credit card unit
                    [Summary] => 



Equitable Card Network Inc. has been dissolved as its entire operations will be assumed by Banco de Oro EPCI Inc., the new bank entity resulting from the merger between Banco de Oro Universal Bank (BDO) and Equitable PCI Bank (EPCIB).


In a report to the Philippine Stock Exchange (PSE), EPCIB said its credit card business will be absorbed by the surviving entity from the recent merger of the two banks.


EPCIB corporate secretary Sabino E. Acut Jr. said the dissolution was "for reasons of efficiency and economy, including saving intermediation costs."


                    [DatePublished] => 2007-01-25 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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                    [ArticleID] => 341127
                    [Title] => SC reverses Sandigan on EPCIB election
                    [Summary] => The Supreme Court has nullified the resolution of the Sandiganbayan disqualifying Trans-Middle East Equities Inc. (TMEE) from voting its shares during the annual stockholders meeting of Equitable PCI Bank last May 23.


Voting 13-0, the High Tribunal also declared invalid the election of another person to a seat on the bank’s board of directors to which TMEE is entitled.


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                    [Title] => SC reverses Sandigan on EPCIB election
                    [Summary] => The Supreme Court has nullified the resolution of the Sandiganbayan disqualifying Trans-Middle East Equities Inc. (TMEE) from voting its shares during the annual stockholders meeting of Equitable PCI Bank last May 23.


Voting 13-0, the High Tribunal also declared invalid the election of another person to a seat on the bank’s board of directors to which TMEE is entitled.


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ACUT JR.

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                    [ArticleID] => 381612
                    [Title] => EPCIB dissolves credit card unit
                    [Summary] => 



Equitable Card Network Inc. has been dissolved as its entire operations will be assumed by Banco de Oro EPCI Inc., the new bank entity resulting from the merger between Banco de Oro Universal Bank (BDO) and Equitable PCI Bank (EPCIB).


In a report to the Philippine Stock Exchange (PSE), EPCIB said its credit card business will be absorbed by the surviving entity from the recent merger of the two banks.


EPCIB corporate secretary Sabino E. Acut Jr. said the dissolution was "for reasons of efficiency and economy, including saving intermediation costs."


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                    [ArticleID] => 341127
                    [Title] => SC reverses Sandigan on EPCIB election
                    [Summary] => The Supreme Court has nullified the resolution of the Sandiganbayan disqualifying Trans-Middle East Equities Inc. (TMEE) from voting its shares during the annual stockholders meeting of Equitable PCI Bank last May 23.


Voting 13-0, the High Tribunal also declared invalid the election of another person to a seat on the bank’s board of directors to which TMEE is entitled.


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                    [ArticleID] => 341309
                    [Title] => SC reverses Sandigan on EPCIB election
                    [Summary] => The Supreme Court has nullified the resolution of the Sandiganbayan disqualifying Trans-Middle East Equities Inc. (TMEE) from voting its shares during the annual stockholders meeting of Equitable PCI Bank last May 23.


Voting 13-0, the High Tribunal also declared invalid the election of another person to a seat on the bank’s board of directors to which TMEE is entitled.


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                    [ColumnID] => 133272
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abtest

EPCIB dissolves credit card unit

By Ted P. Torres | January 25, 2007 - 12:00am

Equitable Card Network Inc. has been dissolved as its entire operations will be assumed by Banco de Oro EPCI Inc., the new bank entity resulting from the merger between Banco de Oro Universal Bank (BDO) and...

Business

SC reverses Sandigan on EPCIB election

June 11, 2006 - 12:00am

The Supreme Court has nullified the resolution of the Sandiganbayan disqualifying Trans-Middle East Equities Inc. (TMEE) from voting its shares during the annual stockholders meeting of Equitable PCI Bank last May...

Business

SC reverses Sandigan on EPCIB election

June 11, 2006 - 12:00am

The Supreme Court has nullified the resolution of the Sandiganbayan disqualifying Trans-Middle East Equities Inc. (TMEE) from voting its shares during the annual stockholders meeting of Equitable PCI Bank last May...

Business