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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 273481 [Title] => UCPB sells P11.9B worth of NPLs [Summary] => United Coconut Planters Bank (UCPB) has successfully sold some P11.9 billion worth of non-performing loans (NPLs) to an affiliate of Amroc Investments Ltd., one of the worlds biggest investor in distressed debt and recovery.
Beating the April deadline for the incentives available to banks unloading their bad loans and bad assets, UCPB held its auction late Friday and sold the entire block of NPLs to Avenue Asia Special Situation Fund III, a fund pool affiliated with Amroc.
[DatePublished] => 2005-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
AMROC INVESTMENTS LTD
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 273481 [Title] => UCPB sells P11.9B worth of NPLs [Summary] => United Coconut Planters Bank (UCPB) has successfully sold some P11.9 billion worth of non-performing loans (NPLs) to an affiliate of Amroc Investments Ltd., one of the worlds biggest investor in distressed debt and recovery.
Beating the April deadline for the incentives available to banks unloading their bad loans and bad assets, UCPB held its auction late Friday and sold the entire block of NPLs to Avenue Asia Special Situation Fund III, a fund pool affiliated with Amroc.
[DatePublished] => 2005-04-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | April 11, 2005 - 12:00am
Recommended
President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
2 days ago
During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
4 days ago
Lotto Nov 13, 2024
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4D Lotto - 5 6 4 4
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Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66