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                    [ArticleID] => 320030
                    [Title] => P2.76B record income for Union Bank in 2005
                    [Summary] => Aboitiz-led Union Bank of the Philippines hit a record P2.76 billion in net income, which 21 percent higher than the previous year's P2.28 billion.


The bank's net income has been growing by a compounded annual rate of more than 20 percent in the past five years. Return on average equity increased to 15.4 percent in 2005 from 14.2 percent in 2004 while return on average assets stood at 2.6 percent.


Improved profitability was achieved on top of the 20 percent increase provisions for loan losses to P421 million for the year from P350 million in 2004.


                    [DatePublished] => 2006-02-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 319626
                    [Title] => Union Bank profit jumps 21% in ’05
                    [Summary] => Union Bank of the Philippines has recorded a 21-percent increase in its net income from P2.28 billion in 2004 to P2.76 billion last year, the bank said in a statement.


Union Bank, the Aboitiz group’s commercial bank has been growing by a compounded annual rate of more than 20 percent over the past five years.


Total resources expanded to P108 billion, boosted by the P6-billion expansion in deposits and 27-percent growth in fund floats volume. Deposits grew to P60 billion principally from savings deposits.


                    [DatePublished] => 2006-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 150100
                    [Title] => Ionics bares new president of unit
                    [Summary] => Publicly listed Ionics, Inc., one of the country’s leading electronics manufacturing services providers, announced the appointment of Jan Doets as president and chief operating officer (COO) of its principal subsidiary Ionics EMS, Inc. effective March 1, 2002.


                    [DatePublished] => 2002-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
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                    [ArticleID] => 92131
                    [Title] => Tweety buckles down to business
                    [Summary] => Tweetie de Leon-Gonzalez does not have to lift a dainty finger for things to go her way.  Breaks come to her as fast as metal objects are drawn to magnets. 


Modelling made it easier for her.  Because of this, the country’s representative to the 1987 International Supermodel tilt (she was the first in a long line of lookers) forayed into showbiz. She played the title role in the now-defunct Okay Ka, Fairy Ko, taking over Alice Dixson as Vic Sotto’s wife.


                    [DatePublished] => 2000-10-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Entertainment
                    [SectionUrl] => entertainment
                    [URL] => 
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BUSINESS LINE

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            [0] => Array
                (
                    [ArticleID] => 320030
                    [Title] => P2.76B record income for Union Bank in 2005
                    [Summary] => Aboitiz-led Union Bank of the Philippines hit a record P2.76 billion in net income, which 21 percent higher than the previous year's P2.28 billion.


The bank's net income has been growing by a compounded annual rate of more than 20 percent in the past five years. Return on average equity increased to 15.4 percent in 2005 from 14.2 percent in 2004 while return on average assets stood at 2.6 percent.


Improved profitability was achieved on top of the 20 percent increase provisions for loan losses to P421 million for the year from P350 million in 2004.


                    [DatePublished] => 2006-02-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 319626
                    [Title] => Union Bank profit jumps 21% in ’05
                    [Summary] => Union Bank of the Philippines has recorded a 21-percent increase in its net income from P2.28 billion in 2004 to P2.76 billion last year, the bank said in a statement.


Union Bank, the Aboitiz group’s commercial bank has been growing by a compounded annual rate of more than 20 percent over the past five years.


Total resources expanded to P108 billion, boosted by the P6-billion expansion in deposits and 27-percent growth in fund floats volume. Deposits grew to P60 billion principally from savings deposits.


                    [DatePublished] => 2006-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 150100
                    [Title] => Ionics bares new president of unit
                    [Summary] => Publicly listed Ionics, Inc., one of the country’s leading electronics manufacturing services providers, announced the appointment of Jan Doets as president and chief operating officer (COO) of its principal subsidiary Ionics EMS, Inc. effective March 1, 2002.


                    [DatePublished] => 2002-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 92131
                    [Title] => Tweety buckles down to business
                    [Summary] => Tweetie de Leon-Gonzalez does not have to lift a dainty finger for things to go her way.  Breaks come to her as fast as metal objects are drawn to magnets. 


Modelling made it easier for her.  Because of this, the country’s representative to the 1987 International Supermodel tilt (she was the first in a long line of lookers) forayed into showbiz. She played the title role in the now-defunct Okay Ka, Fairy Ko, taking over Alice Dixson as Vic Sotto’s wife.


                    [DatePublished] => 2000-10-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Entertainment
                    [SectionUrl] => entertainment
                    [URL] => 
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abtest

P2.76B record income for Union Bank in 2005

By Ehda Dagooc | February 4, 2006 - 12:00am

Aboitiz-led Union Bank of the Philippines hit a record P2.76 billion in net income, which 21 percent higher than the previous year's P2.28 billion. The bank's net income has been growing by a compounded annual rate...

Freeman Cebu Business

Union Bank profit jumps 21% in ’05

By Ted P. Torres | February 2, 2006 - 12:00am

Union Bank of the Philippines has recorded a 21-percent increase in its net income from P2.28 billion in 2004 to P2.76 billion last year, the bank said in a statement. Union Bank, the Aboitiz group’s commercial...

Business

Ionics bares new president of unit

February 10, 2002 - 12:00am

Publicly listed Ionics, Inc., one of the country’s leading electronics manufacturing services providers, announced the appointment of Jan Doets as president and chief operating officer (COO) of its principal...

Business

Tweety buckles down to business

October 5, 2000 - 12:00am

Tweetie de Leon-Gonzalez does not have to lift a dainty finger for things to go her way. Breaks come to her as fast as metal objects are drawn to magnets. Modelling made it easier for her. Because of this, the...

Entertainment