+ Follow DUNMORE ASSET LTD Tag
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[ArticleID] => 183474
[Title] => Metrobank’s $100-M bond float gets SEC okay
[Summary] => Metropolitan Bank and Trust Co has been given the green light by the Bangko Sentral ng Pilipinas (BSP) to proceed with its planned $100-million bond float intended to support its nertwork expansion.
BSP Governor Rafael Buenaventura told reporters that the Monetary Board has approved Metrobank’s plan to float the bonds and boost its tier 2 capital.
Banks that want to increase their capital without diluting existing shareholders are allowed to boost their so-called tier 2 capital by issuing quasi-debt instruments typically denominated in dollars.
[DatePublished] => 2002-11-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 182528
[Title] => Metrobank to issue tier 2 bonds
[Summary] => Metropolitan Bank and Trust Co, the Philippines’ largest bank, is considering a further bond float to boost its tier two capital, Bangko Sentral ng Pilipinas (BSP) yesterday.
"Metrobank said it is looking at tier two (debt issuance) again to support its expansion and improve its branch network," Buenaventura told reporters, adding he had yet to receive an application setting out the size of the issue or other details.
[DatePublished] => 2002-11-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 172623
[Title] => Metrobank in talks with new AMC
[Summary] => The country’s biggest commercial bank is talking with a new asset management company (AMC) after it could not come to terms with US investment bank Lehman Brothers.
Unconfirmed reports indicate that a new memorandum of agreement (MOA) is in the works while the Metropolitan Bank and Trust Co. (Metrobank) is awaiting the approval of the Bangko Sentral ng Pilipinas (BSP) for its planned disposal of bad assets with the new AMC.
[DatePublished] => 2002-08-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
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)
DUNMORE ASSET LTD
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 183474
[Title] => Metrobank’s $100-M bond float gets SEC okay
[Summary] => Metropolitan Bank and Trust Co has been given the green light by the Bangko Sentral ng Pilipinas (BSP) to proceed with its planned $100-million bond float intended to support its nertwork expansion.
BSP Governor Rafael Buenaventura told reporters that the Monetary Board has approved Metrobank’s plan to float the bonds and boost its tier 2 capital.
Banks that want to increase their capital without diluting existing shareholders are allowed to boost their so-called tier 2 capital by issuing quasi-debt instruments typically denominated in dollars.
[DatePublished] => 2002-11-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 182528
[Title] => Metrobank to issue tier 2 bonds
[Summary] => Metropolitan Bank and Trust Co, the Philippines’ largest bank, is considering a further bond float to boost its tier two capital, Bangko Sentral ng Pilipinas (BSP) yesterday.
"Metrobank said it is looking at tier two (debt issuance) again to support its expansion and improve its branch network," Buenaventura told reporters, adding he had yet to receive an application setting out the size of the issue or other details.
[DatePublished] => 2002-11-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 172623
[Title] => Metrobank in talks with new AMC
[Summary] => The country’s biggest commercial bank is talking with a new asset management company (AMC) after it could not come to terms with US investment bank Lehman Brothers.
Unconfirmed reports indicate that a new memorandum of agreement (MOA) is in the works while the Metropolitan Bank and Trust Co. (Metrobank) is awaiting the approval of the Bangko Sentral ng Pilipinas (BSP) for its planned disposal of bad assets with the new AMC.
[DatePublished] => 2002-08-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 4, 2002 - 12:00am
