^
+ Follow BANK CORP Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 963131
                    [Title] => Prime Media placed under new mgm’t
                    [Summary] => 

Prime Media Holdings Inc., formerly First e-Bank Corp., has been placed new management as its major shareholder has defaulted on a P44-million loan.

[DatePublished] => 2013-07-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 768987 [Title] => Filinvest Dev't subscribes to P3-B East West Bank shares [Summary] =>

Gotianun-led Filinvest Development Corp. (FDC) has subscribed to P3 billion or a fourth of the increase in capitalization of its banking arm EastWest Bank Corp.

[DatePublished] => 2012-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 291639 [Title] => US Bank-led group has $3B for renewable energy projs [Summary] => A consortium of foreign banks led by the United States Bank Corp. expressed keen interest in bankrolling new and renewable energy projects in the Philippines including a proposed $2-billion to $3-billion coal liquefaction project.

"We are meeting the bank’s representatives in September to sign a memorandum of understanding. The funding will be available for both the government and the private sector. The bank also agreed that the credit window will not require a government guarantee," Energy Undersecretary Peter Anthony Abaya said over the weekend.
[DatePublished] => 2005-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 286007 [Title] => BA affiliate willing to fund $3-B coal conversion plant [Summary] => The United States Bank Corp. (USBC), an affiliate of the Bank of America (BA), has expressed interest in bankrolling the $3-billion coal-to-fuels conversion project in the country.

If the project pushes through, the Philippines will become the refinery hub for the expansion of coal to fuel sources in Southeast Asia.
[DatePublished] => 2005-07-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 239107 [Title] => Quedancor seeks P2-B loan from Equitable PCI [Summary] => The Quedan and Rural Credit Guarantee Corporation (Quedancor), the credit arm of the Department of Agriculture (DA) is negotiating for a P2-billion loan with Equitable PCI Bank Corp. in its bid to reach its capital base target of P10 billion this year and intensify its lending operations.

Nelson Buenaflor, president and chief executive officer of Quedancor said that of the P2-billion loan, only P1 billion will actually be channeled to the coffers of the agency while the other P1 billion will be used to buy zero coupon bonds.
[DatePublished] => 2004-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 239230 [Title] => Quedancor seeks P2-B loan from Equitable PCI [Summary] => The Quedan and Rural Credit Guarantee Corporation (Quedancor), the credit arm of the Department of Agriculture (DA) is negotiating for a P2-billion loan with Equitable PCI Bank Corp. in its bid to reach its capital base target of P10 billion this year and intensify its lending operations.

Nelson Buenaflor, president and chief executive officer of Quedancor said that of the P2-billion loan, only P1 billion will actually be channeled to the coffers of the agency while the other P1 billion will be used to buy zero coupon bonds.
[DatePublished] => 2004-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 230936 [Title] => Prime Media prepares for entry of new investors [Summary] => Prime Media Holdings Inc. (formerly First e-Bank Corp.) is cleaning up its balance sheet in preparation for the entry of new investors into the company.

In a disclosure to the Philippine Stock Exchange, Prime Media said the plan would entail these investors to inject their assets into the company in exchange for Prime Media shares.

Prime Media said the assets to be infused into the company may be in the form of equity holdings in media-related industry or participation in a project in the same or allied industry.
[DatePublished] => 2003-12-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 177197 [Title] => BDO, Bancommerce, Asia United vie for right to buy First e-Bank [Summary] => First e-Bank Corp. (FSTE), the banking arm of the Metro Pacific group, said yesterday there are no plans to close the bank only to reopen it under the name of a prospective partner.

In a disclosure to the Philippine Stock Exchange, FSTE said existing proposals from other banks are for merger and direct investments, although no agreements have yet been reached with any of the bidders.

Three banks are reportedly bidding for the right to buy and rehabilitate FSTE from the MPC group – Banco de Oro Universal Bank, Bank of Commerce, and Asia United Bank.
[DatePublished] => 2002-09-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 151187 [Title] => Solon cautions SSS on investments [Summary] => The Social Security System (SSS) has so far lost some P6.1 billion as an offshoot of its P8.5-billion worth of equity investments in Equitable PCI Bank Corp., Belle Corp. and failed Urban Banking Corp.

Senate Majority Leader Loren Legarda made this revelation as she urged the SSS to be more prudent in future investment decisions in order to avoid more financial losses.

Legarda cautioned the SSS against repeating blunders committed in the previous administration, when it got involved in "politically-induced" investments that left it holding the empty bag.
[DatePublished] => 2002-02-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 141994 [Title] => BSP renews call for bank mergers [Summary] => The Bangko Sentral ng Pilipinas (BSP) has renewed its call for mergers and consolidations in the banking industry to boost the stability of banks and shield them from external shocks in the wake of the global recession. [DatePublished] => 2001-12-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BANK CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 963131
                    [Title] => Prime Media placed under new mgm’t
                    [Summary] => 

Prime Media Holdings Inc., formerly First e-Bank Corp., has been placed new management as its major shareholder has defaulted on a P44-million loan.

[DatePublished] => 2013-07-09 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1538806 [AuthorName] => Neil Jerome C. Morales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 768987 [Title] => Filinvest Dev't subscribes to P3-B East West Bank shares [Summary] =>

Gotianun-led Filinvest Development Corp. (FDC) has subscribed to P3 billion or a fourth of the increase in capitalization of its banking arm EastWest Bank Corp.

[DatePublished] => 2012-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 291639 [Title] => US Bank-led group has $3B for renewable energy projs [Summary] => A consortium of foreign banks led by the United States Bank Corp. expressed keen interest in bankrolling new and renewable energy projects in the Philippines including a proposed $2-billion to $3-billion coal liquefaction project.

"We are meeting the bank’s representatives in September to sign a memorandum of understanding. The funding will be available for both the government and the private sector. The bank also agreed that the credit window will not require a government guarantee," Energy Undersecretary Peter Anthony Abaya said over the weekend.
[DatePublished] => 2005-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 286007 [Title] => BA affiliate willing to fund $3-B coal conversion plant [Summary] => The United States Bank Corp. (USBC), an affiliate of the Bank of America (BA), has expressed interest in bankrolling the $3-billion coal-to-fuels conversion project in the country.

If the project pushes through, the Philippines will become the refinery hub for the expansion of coal to fuel sources in Southeast Asia.
[DatePublished] => 2005-07-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 239107 [Title] => Quedancor seeks P2-B loan from Equitable PCI [Summary] => The Quedan and Rural Credit Guarantee Corporation (Quedancor), the credit arm of the Department of Agriculture (DA) is negotiating for a P2-billion loan with Equitable PCI Bank Corp. in its bid to reach its capital base target of P10 billion this year and intensify its lending operations.

Nelson Buenaflor, president and chief executive officer of Quedancor said that of the P2-billion loan, only P1 billion will actually be channeled to the coffers of the agency while the other P1 billion will be used to buy zero coupon bonds.
[DatePublished] => 2004-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 239230 [Title] => Quedancor seeks P2-B loan from Equitable PCI [Summary] => The Quedan and Rural Credit Guarantee Corporation (Quedancor), the credit arm of the Department of Agriculture (DA) is negotiating for a P2-billion loan with Equitable PCI Bank Corp. in its bid to reach its capital base target of P10 billion this year and intensify its lending operations.

Nelson Buenaflor, president and chief executive officer of Quedancor said that of the P2-billion loan, only P1 billion will actually be channeled to the coffers of the agency while the other P1 billion will be used to buy zero coupon bonds.
[DatePublished] => 2004-02-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 230936 [Title] => Prime Media prepares for entry of new investors [Summary] => Prime Media Holdings Inc. (formerly First e-Bank Corp.) is cleaning up its balance sheet in preparation for the entry of new investors into the company.

In a disclosure to the Philippine Stock Exchange, Prime Media said the plan would entail these investors to inject their assets into the company in exchange for Prime Media shares.

Prime Media said the assets to be infused into the company may be in the form of equity holdings in media-related industry or participation in a project in the same or allied industry.
[DatePublished] => 2003-12-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 177197 [Title] => BDO, Bancommerce, Asia United vie for right to buy First e-Bank [Summary] => First e-Bank Corp. (FSTE), the banking arm of the Metro Pacific group, said yesterday there are no plans to close the bank only to reopen it under the name of a prospective partner.

In a disclosure to the Philippine Stock Exchange, FSTE said existing proposals from other banks are for merger and direct investments, although no agreements have yet been reached with any of the bidders.

Three banks are reportedly bidding for the right to buy and rehabilitate FSTE from the MPC group – Banco de Oro Universal Bank, Bank of Commerce, and Asia United Bank.
[DatePublished] => 2002-09-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 151187 [Title] => Solon cautions SSS on investments [Summary] => The Social Security System (SSS) has so far lost some P6.1 billion as an offshoot of its P8.5-billion worth of equity investments in Equitable PCI Bank Corp., Belle Corp. and failed Urban Banking Corp.

Senate Majority Leader Loren Legarda made this revelation as she urged the SSS to be more prudent in future investment decisions in order to avoid more financial losses.

Legarda cautioned the SSS against repeating blunders committed in the previous administration, when it got involved in "politically-induced" investments that left it holding the empty bag.
[DatePublished] => 2002-02-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 141994 [Title] => BSP renews call for bank mergers [Summary] => The Bangko Sentral ng Pilipinas (BSP) has renewed its call for mergers and consolidations in the banking industry to boost the stability of banks and shield them from external shocks in the wake of the global recession. [DatePublished] => 2001-12-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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