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                    [Title] => SEC okays GE Money Bank's capital hike to P5 billion
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                    [DatePublished] => 2009-06-21 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [Title] => BDO acquires GE Money Bank
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MANILA, Philippines - Banco De Oro Unibank Inc. (BDO) has acquired GE Money Bank, the thrift banking arm of GE Capital, the financial services unit of global industrial giant General Electric Co. through a share swap deal.
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MANILA, Philippines - The Banco de Oro Unibank Inc. (BDO) reported a net income of P2.2 billion last year, a drop of 66 percent from P6.57 billion in 2007, the bank said in a statement yesterday.
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                    [Title] => BDO gets SEC nod for merger with units
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                    [Title] => BDO absorbs thrift banks, invest house subsidiaries
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ELITE SAVINGS BANK

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abtest

SEC okays GE Money Bank's capital hike to P5 billion

By Zinnia B. Dela Peña | June 21, 2009 - 12:00am

The Securities and Exchange Commission (SEC) has approved the increase in authorized capital stock of GE Money Bank Inc. from P3 billion to P5 billion.

Business

BDO acquires GE Money Bank

By Ted P. Torres | May 29, 2009 - 12:00am

MANILA, Philippines - Banco De Oro Unibank Inc. (BDO) has acquired GE Money Bank, the thrift banking arm of GE Capital, the financial services unit of global industrial giant General Electric Co. through a share...

Business

Banco de Oro profit down on Lehman exposure

By Ted P. Torres | March 5, 2009 - 12:00am

MANILA, Philippines - The Banco de Oro Unibank Inc. (BDO) reported a net income of P2.2 billion last year, a drop of 66 percent from P6.57 billion in 2007, the bank said in a statement yesterday.

Business

BDO integrates savings bank

December 9, 2008 - 12:00am

The branches of Equitable Savings Bank (ESB), previously classified as a thrift bank, has been converted into full-service branches under Banco de Oro Unibank Inc. (BDO).

Banking

BDO expands remittance network

By Ted P. Torres | December 1, 2008 - 12:00am

Banco de Oro Unibank Inc. (BDO) has increased to over 3,000 its domestic distribution network for remittances or money transfers from overseas Filipinos.

Business

BDO gets SEC nod for merger with units

By Ted P. Torres | November 1, 2008 - 12:00am

The Securities and Exchange Commission (SEC) has given the green light for a four-way merger among Banco de Oro Unibank ...

Business

BDO absorbs thrift banks, invest house subsidiaries

October 11, 2008 - 12:00am

Banco de Oro Unibank Inc. (BDO) will absorb three of its subsidiaries following approval from the Bangko Sentral ng Pilipinas ...

Business