Array
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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 260437
                    [Title] => BPI may bid for Indonesian bank
                    [Summary] => The Bank of the Philippine Islands (BPI) is reportedly thinking of bidding for PT Bank Permata Tbk, Indonesia’s seventh largest lender by assets and the last bank to be sold under a government divestment   program intended to plug a widening budget deficit.


The Ayala-controlled BPI has expressed interest in the Indonesian bank, the Koran Tempo newspaper reported, quoting Ananda Barata, finance director of PT Perusahaan Pengelola Aset (PPA).


PPA is the Indonesian state agency in charge of the government’s asset disposition program.


                    [DatePublished] => 2004-08-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 217744
                    [Title] => Universal Re, Malayan Reagree to merge
                    [Summary] => Universal Reinsurance Corp. (Universal Re) and Malayan Reinsurance Corp. (Malayan Re)  have agreed to merge resulting in the creation of Universal  Malayan Reinsurance Corp. (URC) with a premium base of roughly P1 billion


A reinsurance company offers additional protection for insurers that have huge accounts but are unable to cover the entire policy.


"It is really a joint venture but the surviving entity will be Universal Re," Universal Re chief finance officer Romeo Carabeo said.


                    [DatePublished] => 2003-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 95844
                    [Title] => BPI sees 20% rise in income this year
                    [Summary] => The Bank of the Philippine Islands expects net income to grow or "do better than" 20 percent this year, bank president Xavier Loinaz said after yesterday’s annual stockholders meeting. 


The country’s second largest commercial bank on a consolidated basis registered a net income of P3.05 billion last year, 34.6 percent lower than the P4.67-billion income of 1999.


Loinaz said net income for the first three months of this year was "substantially higher" than last year’s first quarter but did not give details.


                    [DatePublished] => 2001-04-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 101420
                    [Title] => Strategic alliances in bancassurance
                    [Summary] => 

A new trend in the local financial services sector has caught on.

In September last year, the Monetary Board, the policy-making body of the
Bangko Sentral ng Pilipinas, approved the proposed merger between the Bank of
the Philippine Islands (BPI) and Ayala Insurance Holdings Corp.
                    [DatePublished] => 2000-01-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203491
                    [AuthorName] => by Roni Tapia-Merk
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

AYALA INSURANCE HOLDINGS CORP

Array
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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 260437
                    [Title] => BPI may bid for Indonesian bank
                    [Summary] => The Bank of the Philippine Islands (BPI) is reportedly thinking of bidding for PT Bank Permata Tbk, Indonesia’s seventh largest lender by assets and the last bank to be sold under a government divestment   program intended to plug a widening budget deficit.


The Ayala-controlled BPI has expressed interest in the Indonesian bank, the Koran Tempo newspaper reported, quoting Ananda Barata, finance director of PT Perusahaan Pengelola Aset (PPA).


PPA is the Indonesian state agency in charge of the government’s asset disposition program.


                    [DatePublished] => 2004-08-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 217744
                    [Title] => Universal Re, Malayan Reagree to merge
                    [Summary] => Universal Reinsurance Corp. (Universal Re) and Malayan Reinsurance Corp. (Malayan Re)  have agreed to merge resulting in the creation of Universal  Malayan Reinsurance Corp. (URC) with a premium base of roughly P1 billion


A reinsurance company offers additional protection for insurers that have huge accounts but are unable to cover the entire policy.


"It is really a joint venture but the surviving entity will be Universal Re," Universal Re chief finance officer Romeo Carabeo said.


                    [DatePublished] => 2003-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 95844
                    [Title] => BPI sees 20% rise in income this year
                    [Summary] => The Bank of the Philippine Islands expects net income to grow or "do better than" 20 percent this year, bank president Xavier Loinaz said after yesterday’s annual stockholders meeting. 


The country’s second largest commercial bank on a consolidated basis registered a net income of P3.05 billion last year, 34.6 percent lower than the P4.67-billion income of 1999.


Loinaz said net income for the first three months of this year was "substantially higher" than last year’s first quarter but did not give details.


                    [DatePublished] => 2001-04-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 101420
                    [Title] => Strategic alliances in bancassurance
                    [Summary] => 

A new trend in the local financial services sector has caught on.

In September last year, the Monetary Board, the policy-making body of the
Bangko Sentral ng Pilipinas, approved the proposed merger between the Bank of
the Philippine Islands (BPI) and Ayala Insurance Holdings Corp.
                    [DatePublished] => 2000-01-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1203491
                    [AuthorName] => by Roni Tapia-Merk
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

BPI may bid for Indonesian bank

By Zinnia B. Dela Peña | August 8, 2004 - 12:00am

The Bank of the Philippine Islands (BPI) is reportedly thinking of bidding for PT Bank Permata Tbk, Indonesia’s seventh largest lender by assets and the last bank to be sold under a government divestment program...

Business

Universal Re, Malayan Reagree to merge

By Ted P. Torres | August 19, 2003 - 12:00am

Universal Reinsurance Corp. (Universal Re) and Malayan Reinsurance Corp. (Malayan Re) have agreed to merge resulting in the creation of Universal Malayan Reinsurance Corp. (URC) with a premium base of roughly P1...

Business

BPI sees 20% rise in income this year

By Ted P. Torres | April 20, 2001 - 12:00am

The Bank of the Philippine Islands expects net income to grow or "do better than" 20 percent this year, bank president Xavier Loinaz said after yesterday’s annual...

Business

Strategic alliances in bancassurance

By by Roni Tapia-Merk | January 24, 2000 - 12:00am

A new trend in the local financial services sector has caught on. In September last year, the Monetary Board, the policy-making body of the Bangko Sentral ng Pilipinas, approved the proposed merger between the...

Business