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                    [ArticleID] => 148282
                    [Title] => Term sheet advantageous to government, says PNB president
                    [Summary] => Government assistance to Philippine National Bank was essentially a judgment call with public interest being the foremost consideration. Government is committed to rehabilitate PNB to protect its depositors and creditors.


Feliciano L. Miranda Jr., president and CEO of PNB, said yesterday that a failure of a major bank "may cause other banks to fail leading to disruptions and loss of confidence in the safety and soundness of the banking system."


In a news statement, Miranda said PNB’s impact to the banking system is considerable given its size and scope.

                    [DatePublished] => 2002-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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CENTRAL BANK GOVERNOR JOSE CUISIA

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                    [ArticleID] => 148282
                    [Title] => Term sheet advantageous to government, says PNB president
                    [Summary] => Government assistance to Philippine National Bank was essentially a judgment call with public interest being the foremost consideration. Government is committed to rehabilitate PNB to protect its depositors and creditors.


Feliciano L. Miranda Jr., president and CEO of PNB, said yesterday that a failure of a major bank "may cause other banks to fail leading to disruptions and loss of confidence in the safety and soundness of the banking system."


In a news statement, Miranda said PNB’s impact to the banking system is considerable given its size and scope.

                    [DatePublished] => 2002-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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Term sheet advantageous to government, says PNB president

January 25, 2002 - 12:00am

Government assistance to Philippine National Bank was essentially a judgment call with public interest being the foremost consideration. Government is committed to rehabilitate PNB to protect its depositors and creditors. Feliciano...

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