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+ Follow ARSENIO BARTOLOME AND TEODORO BORLONGAN Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 96345 [Title] => Prospects for Urban Bank appear to dim [Summary] => Urban Bank faces liquidation unless it finds a "white knight" before April 26, a year after it declared a bank holiday.
The possibility of liquidating the bank loomed even as Philippine Deposit Insurance Corp. (PDIC) president Norberto Nazareno said there are at least four groups, including three local commercial banks and a group of depositors that have expressed interest in taking over Urban Bank and implementing a rehabilitation plan to bring it back to profitability.
[DatePublished] => 2001-03-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ARSENIO BARTOLOME AND TEODORO BORLONGAN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 96345 [Title] => Prospects for Urban Bank appear to dim [Summary] => Urban Bank faces liquidation unless it finds a "white knight" before April 26, a year after it declared a bank holiday.
The possibility of liquidating the bank loomed even as Philippine Deposit Insurance Corp. (PDIC) president Norberto Nazareno said there are at least four groups, including three local commercial banks and a group of depositors that have expressed interest in taking over Urban Bank and implementing a rehabilitation plan to bring it back to profitability.
[DatePublished] => 2001-03-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
March 8, 2001 - 12:00am
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