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                    [ArticleID] => 295745
                    [Title] => Metrobank to bid out P5-B NPLs
                    [Summary] => The Metropolitan Bank and Trust Co. (Metrobank) is planning to bid out P5-billion worth of non-performing loans (NPLs).


Metrobank president Antonio Abacan Jr. said the bank is more focused on lowering its NPLs rather than looking for a bank to gobble up or buy. 


"We are comfortable with our current position in the banking industry. We are not looking at any bank," the bank official said. 


Metrobank in the country’s largest bank in terms of assets with  P461.2 billion as of end-March 2005. 


                    [DatePublished] => 2005-09-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 292792
                    [Title] => Avenue Asia buys Benpres’ debts
                    [Summary] => Avenue Asia Capital Group, the partner of Union Bank which lost to taipan Lucio Tan in a bid for a 67-percent stake in Philippine National Bank (PNB), has bought the debts of Lopez-controlled Benpres Holdings Corp., The STAR sources disclosed. 


Avenue Asia is also a major holder of Bayantel’s $200 million in bonds. It is an international fund that acquires distressed banking assets which earlier bought P2.4 billion of the non-performing loans of the Bank of Philippine Islands (BPI). 


                    [DatePublished] => 2005-08-22 00:00:00
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AVENUE ASIA CAPITAL GROUP

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                    [ArticleID] => 295745
                    [Title] => Metrobank to bid out P5-B NPLs
                    [Summary] => The Metropolitan Bank and Trust Co. (Metrobank) is planning to bid out P5-billion worth of non-performing loans (NPLs).


Metrobank president Antonio Abacan Jr. said the bank is more focused on lowering its NPLs rather than looking for a bank to gobble up or buy. 


"We are comfortable with our current position in the banking industry. We are not looking at any bank," the bank official said. 


Metrobank in the country’s largest bank in terms of assets with  P461.2 billion as of end-March 2005. 


                    [DatePublished] => 2005-09-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 292792
                    [Title] => Avenue Asia buys Benpres’ debts
                    [Summary] => Avenue Asia Capital Group, the partner of Union Bank which lost to taipan Lucio Tan in a bid for a 67-percent stake in Philippine National Bank (PNB), has bought the debts of Lopez-controlled Benpres Holdings Corp., The STAR sources disclosed. 


Avenue Asia is also a major holder of Bayantel’s $200 million in bonds. It is an international fund that acquires distressed banking assets which earlier bought P2.4 billion of the non-performing loans of the Bank of Philippine Islands (BPI). 


                    [DatePublished] => 2005-08-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
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abtest

Metrobank to bid out P5-B NPLs

By Donnabelle L. Gatdula | September 9, 2005 - 12:00am

The Metropolitan Bank and Trust Co. (Metrobank) is planning to bid out P5-billion worth of non-performing loans (NPLs). Metrobank president Antonio Abacan Jr. said the bank is more focused on lowering its NPLs rather...

Business

Avenue Asia buys Benpres’ debts

August 22, 2005 - 12:00am

Avenue Asia Capital Group, the partner of Union Bank which lost to taipan Lucio Tan in a bid for a 67-percent stake in Philippine National Bank (PNB), has bought the debts of Lopez-controlled Benpres Holdings Corp.,...

Business