ADELINE CARBONELL

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                    [ArticleID] => 353347
                    [Title] => RCBC sells P130M worth of foreclosed assets
                    [Summary] => 



The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) has disposed of P130-million worth of foreclosed assets in two public auctions.


The successful sale held two weeks ago encouraged the bank to proceed with more asset sales not only in Metro Manila but also in key cities across the country.


The ROPAs are 50 properties from its inventory of acquired residential and commercial lots in greater Manila area. Real estate service provider CB Richard Ellis is the auction manager for most of its foreclosed assets.


                    [DatePublished] => 2006-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 349219
                    [Title] => RCBC selling P300-M worth of ROPAs
                    [Summary] => 

The Rizal Commercial Banking Corp. (RCBC) will hold its second round of asset sale worth P300 million of foreclosed real estate properties next month. Real estate service provider CB Richard Ellis will serve as auction manager.


RCBC senior vice president and Asset Management Group head Adeline Carbonell said the auctions are part of the bank’s strategies to liquidate its inventory of real and other properties acquired (ROPAs). Other asset disposal schemes are public sealed bidding, SPVs and joint venture arrangements.


                    [DatePublished] => 2006-07-25 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
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            [2] => Array
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                    [ArticleID] => 332507
                    [Title] => RCBC to dispose of P300-M bad assets
                    [Summary] => The Yuchengco-controlled Rizal Commercial and Banking Corp. (RCBC) is disposing of P300 million worth of real or other properties acquired (ROPA) through a public auction, enlisting the services of real estate consultancy firm CB Richard Ellis (CBRE) as auction manager.


RCBC senior vice president and asset management group head Adeline Carbonell said the auction, scheduled on May 18, is the first in a series of public auctions to liquidate the bank’s inventory of ROPA.


                    [DatePublished] => 2006-04-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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RCBC sells P130M worth of foreclosed assets

By Ted P. Torres | August 17, 2006 - 12:00am

The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) has disposed of P130-million worth of foreclosed assets in two public auctions. The successful sale held two weeks ago encouraged the bank to proceed...

Business

RCBC selling P300-M worth of ROPAs

July 25, 2006 - 12:00am

The Rizal Commercial Banking Corp. (RCBC) will hold its second round of asset sale worth P300 million of foreclosed real estate properties next month. Real estate service provider CB Richard Ellis will serve...

Banking

RCBC to dispose of P300-M bad assets

By Ted P. Torres | April 21, 2006 - 12:00am

The Yuchengco-controlled Rizal Commercial and Banking Corp. (RCBC) is disposing of P300 million worth of real or other properties acquired (ROPA) through a public auction, enlisting the services of real estate consultancy...

Business