+ Follow China Banking Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 866755
[Title] => Phoenix Pet completes P2.5-billion capital raising
[Summary] => Davao-based oil firm Phoenix Petroleum Philippines Inc. has completed its P2.5-billion capital raising through corporate notes.
[DatePublished] => 2012-11-15 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 98938
[Title] => China Bank shuns merger
[Summary] =>
After denying being engaged in merger talks with Banco de Oro, China Banking
Corp. is defying the trend in the banking industry since it is not interested
in tying up with other banks, industry sources told The STAR over the
weekend.
"According to its principal shareholders, as long as the bank is profitable,
there is no need to merge with other banks," sources said. They said
stockholders are content with the bank's profitability as it has been posting a
return on equity (ROE) of over 10 percent.
ROE is the ratio between net income over total capital.
[DatePublished] => 2000-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1197311
[AuthorName] => by Jun Ebias
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
China Banking
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 866755
[Title] => Phoenix Pet completes P2.5-billion capital raising
[Summary] => Davao-based oil firm Phoenix Petroleum Philippines Inc. has completed its P2.5-billion capital raising through corporate notes.
[DatePublished] => 2012-11-15 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 98938
[Title] => China Bank shuns merger
[Summary] =>
After denying being engaged in merger talks with Banco de Oro, China Banking
Corp. is defying the trend in the banking industry since it is not interested
in tying up with other banks, industry sources told The STAR over the
weekend.
"According to its principal shareholders, as long as the bank is profitable,
there is no need to merge with other banks," sources said. They said
stockholders are content with the bank's profitability as it has been posting a
return on equity (ROE) of over 10 percent.
ROE is the ratio between net income over total capital.
[DatePublished] => 2000-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1197311
[AuthorName] => by Jun Ebias
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 15, 2012 - 12:00am
