^
+ Follow ASIATRUST Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1332542
                    [Title] => Pro-friends to raise P7B via backdoor listing
                    [Summary] => 

Affordable housing developer Property Company of Friends Inc. (Pro-Friends), fresh from taking over a dormant listed company, is raising as much as P7 billion from a follow-on offering in the coming months.

[DatePublished] => 2014-06-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1539221 [AuthorName] => Neil Jerome Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 925818 [Title] => Asiatrust issuing shares for new investors, business ventures [Summary] =>

Asiatrust Development Bank plans to issue new shares for the entry of new investors and its engagement in new ventures, the company told the Philippine Stock Exchange (PSE).

[DatePublished] => 2013-04-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 818703 [Title] => AUB completes integration of Asiatrust Dev't Bank [Summary] =>

Asia United Bank (AUB) has fully integrated the 28-branch network of Asiatrust Development Bank Inc. located mostly within Metro Manila, a top bank official said.

[DatePublished] => 2012-06-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 805735 [Title] => BSP okays AUB acquisition of Asiatrust [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has given Asia United Bank (AUB) the green light to acquire Asiatrust Development Bank Inc., raising the commercial bank’s resources by more than P4 billion.

[DatePublished] => 2012-05-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 779170 [Title] => Asia United Bank acquires Asiatrust [Summary] =>

Medium-sized commercial bank Asia United Bank Corp. (AUB) has acquired recently Asiatrust Development Bank Inc. (Asiatrust), a thrift and development bank, for an undisclosed amount.

[DatePublished] => 2012-02-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 426776 [Title] => Asiatrust Bank posts P125-M net income [Summary] =>

Asiatrust Bank, a leading thrift bank for SMEs and entrepreneurs, posted a net profit of P125 million at the close of its fiscal year in June 2008.

[DatePublished] => 2008-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 425289 [Title] => Asiatrust reports lower net loss of P5M [Summary] =>

Asiatrust Development Bank, one of the country’s leading thrift and development bank for entrepreneurs and SMEs, reported a lower net loss of P5 million in the first quarter of its fiscal year ending June 2009.

[DatePublished] => 2008-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 310056 [Title] => Asiatrust’s Tier-2 issue gets PRS A- rating [Summary] => Asiatrust Development Bank’s proposed P550-million tier-2 issue obtained a rating of PRS A minus from the Philippine Ratings Services Corp.

A rating of PRS A means the issue has "...favorable investment attributes and are considered as upper-medium grade obligations, with many factors considered adequate to give security to principal and interest payment even though it could become susceptible to future impairment."

Asiatrust’s planned debt issue has a maximum term of 10 years, with a call provision after five years.
[DatePublished] => 2005-12-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 304717 [Title] => Easy SME lending solution to economic growth [Summary] => A leading development banker said that the solution to the country’s problem is not political systems, but providing a growth environment for domestic entrepreneurs.
[DatePublished] => 2005-11-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 242981 [Title] => Asiatrust eyes add’l P1B from cash mgm’t services [Summary] => Publicly-listed Asiatrust Development Bank expects to generate additional business worth at least P1-billion this year from the introduction of a comprehensive cash management service (CMS) product for small and medium enterprises (SMEs).

CMS will increase the efficiency and profitability of the bank’s SME client base, which accounts for more than 90 percent of its accounts.
[DatePublished] => 2004-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ASIATRUST
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1332542
                    [Title] => Pro-friends to raise P7B via backdoor listing
                    [Summary] => 

Affordable housing developer Property Company of Friends Inc. (Pro-Friends), fresh from taking over a dormant listed company, is raising as much as P7 billion from a follow-on offering in the coming months.

[DatePublished] => 2014-06-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1539221 [AuthorName] => Neil Jerome Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 925818 [Title] => Asiatrust issuing shares for new investors, business ventures [Summary] =>

Asiatrust Development Bank plans to issue new shares for the entry of new investors and its engagement in new ventures, the company told the Philippine Stock Exchange (PSE).

[DatePublished] => 2013-04-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 818703 [Title] => AUB completes integration of Asiatrust Dev't Bank [Summary] =>

Asia United Bank (AUB) has fully integrated the 28-branch network of Asiatrust Development Bank Inc. located mostly within Metro Manila, a top bank official said.

[DatePublished] => 2012-06-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 805735 [Title] => BSP okays AUB acquisition of Asiatrust [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has given Asia United Bank (AUB) the green light to acquire Asiatrust Development Bank Inc., raising the commercial bank’s resources by more than P4 billion.

[DatePublished] => 2012-05-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 779170 [Title] => Asia United Bank acquires Asiatrust [Summary] =>

Medium-sized commercial bank Asia United Bank Corp. (AUB) has acquired recently Asiatrust Development Bank Inc. (Asiatrust), a thrift and development bank, for an undisclosed amount.

[DatePublished] => 2012-02-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 426776 [Title] => Asiatrust Bank posts P125-M net income [Summary] =>

Asiatrust Bank, a leading thrift bank for SMEs and entrepreneurs, posted a net profit of P125 million at the close of its fiscal year in June 2008.

[DatePublished] => 2008-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 425289 [Title] => Asiatrust reports lower net loss of P5M [Summary] =>

Asiatrust Development Bank, one of the country’s leading thrift and development bank for entrepreneurs and SMEs, reported a lower net loss of P5 million in the first quarter of its fiscal year ending June 2009.

[DatePublished] => 2008-12-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 310056 [Title] => Asiatrust’s Tier-2 issue gets PRS A- rating [Summary] => Asiatrust Development Bank’s proposed P550-million tier-2 issue obtained a rating of PRS A minus from the Philippine Ratings Services Corp.

A rating of PRS A means the issue has "...favorable investment attributes and are considered as upper-medium grade obligations, with many factors considered adequate to give security to principal and interest payment even though it could become susceptible to future impairment."

Asiatrust’s planned debt issue has a maximum term of 10 years, with a call provision after five years.
[DatePublished] => 2005-12-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 304717 [Title] => Easy SME lending solution to economic growth [Summary] => A leading development banker said that the solution to the country’s problem is not political systems, but providing a growth environment for domestic entrepreneurs.
[DatePublished] => 2005-11-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 242981 [Title] => Asiatrust eyes add’l P1B from cash mgm’t services [Summary] => Publicly-listed Asiatrust Development Bank expects to generate additional business worth at least P1-billion this year from the introduction of a comprehensive cash management service (CMS) product for small and medium enterprises (SMEs).

CMS will increase the efficiency and profitability of the bank’s SME client base, which accounts for more than 90 percent of its accounts.
[DatePublished] => 2004-03-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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