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                    [ArticleID] => 181264
                    [Title] => Banco de Oro takes over First e-Bank operations
                    [Summary] => Banco de Oro has started taking over of the operations of First e-Bank (FSTE) following the implementation of a supplementary agreement with BDO assuming a maximum of P10 billion in deposit liabilities and other bills payable of FSTE, officials of the two listed banks told the Philippine Stock Exchange.


FSTE corporate information officer Danielle Maria Sales said they have signed an agreement effective Oct. 23 wherein BDO will assume the liabilities of FSTE in consideration of the former’s purchase of selected and liquid assets of FSTE.


                    [DatePublished] => 2002-10-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
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DANIELLE MARIA SALES

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                    [ArticleID] => 181264
                    [Title] => Banco de Oro takes over First e-Bank operations
                    [Summary] => Banco de Oro has started taking over of the operations of First e-Bank (FSTE) following the implementation of a supplementary agreement with BDO assuming a maximum of P10 billion in deposit liabilities and other bills payable of FSTE, officials of the two listed banks told the Philippine Stock Exchange.


FSTE corporate information officer Danielle Maria Sales said they have signed an agreement effective Oct. 23 wherein BDO will assume the liabilities of FSTE in consideration of the former’s purchase of selected and liquid assets of FSTE.


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Banco de Oro takes over First e-Bank operations

By Christina Mendez | October 25, 2002 - 12:00am

Banco de Oro has started taking over of the operations of First e-Bank (FSTE) following the implementation of a supplementary agreement with BDO assuming a maximum of P10 billion in deposit liabilities and other...

Business