+ Follow AVENUE ASIA SPECIAL SITUATION FUND Tag
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] =>
)
)
)
AVENUE ASIA SPECIAL SITUATION FUND
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