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                    [ArticleID] => 139936
                    [Title] => PNB term sheet may be signed by tomorrow
                    [Summary] => The government and the group of tycoon Lucio Tan are rushing to have a term sheet signed by tomorrow, outlining the details of the proposed reverse privatization that will restore majority control of the debt-saddled Philippine National Bank (PNB) to the government.


Finance Secretary Jose Isidro Camacho who was authorized yesterday by PNB creditors, Bangko Sentral ng Pilipinas (BSP) and the Philippine Deposit Insurance Corp. (PDIC) to head the government negotiating team, said both parties are trying to come up with an acceptable term sheet by Wednesday.


                    [DatePublished] => 2001-11-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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                    [ArticleID] => 139828
                    [Title] => Restructuring of P15-B PNB loan to come after government, Tan ink deal
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) said it will not go to the negotiating table for the restructuring of a P15-billion loan by the Philippine National Bank (PNB) until business tycoon Lucio Tan and the government sign an agreement on the reverse privatization of the bank, returning to government majority control of the bank.


"We can only talk about the restructuring of the loan only after the signing of the agreement," said BSP Governor Rafael Buenaventura.


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                    [AuthorName] => Rocel Felix
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                    [ArticleID] => 99269
                    [Title] => PNB to maintain 39% stake in Maybank
                    [Summary] => 

The Philippine National Bank (PNB) will keep its 39-percent stake in Maybank
Philippines Inc., its commercial bank subsidiary in partnership with Maybank
Berhad of Malaysia.

PNB president Feliciano Miranda Jr. told The STAR that they intend to
keep Maybank as a subsidiary because they use this as a channel to reach out to
overseas Filipino workers in Malaysia.

"We have commitment to Maybank.
                    [DatePublished] => 2000-06-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 99255
                    [Title] => PNB's bad loans rise to 33%
                    [Summary] => 

The non-performing loans (NPLs) of Philippine National Bank (PNB) increased to
33 percent as of end-April this year from only 29 percent in end-1999, PNB
president Feliciano Miranda Jr.
                    [DatePublished] => 2000-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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FELICIANO MIRANDA JR.

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                    [ArticleID] => 139936
                    [Title] => PNB term sheet may be signed by tomorrow
                    [Summary] => The government and the group of tycoon Lucio Tan are rushing to have a term sheet signed by tomorrow, outlining the details of the proposed reverse privatization that will restore majority control of the debt-saddled Philippine National Bank (PNB) to the government.


Finance Secretary Jose Isidro Camacho who was authorized yesterday by PNB creditors, Bangko Sentral ng Pilipinas (BSP) and the Philippine Deposit Insurance Corp. (PDIC) to head the government negotiating team, said both parties are trying to come up with an acceptable term sheet by Wednesday.


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                    [ColumnID] => 133272
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                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
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                    [ArticleID] => 139828
                    [Title] => Restructuring of P15-B PNB loan to come after government, Tan ink deal
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) said it will not go to the negotiating table for the restructuring of a P15-billion loan by the Philippine National Bank (PNB) until business tycoon Lucio Tan and the government sign an agreement on the reverse privatization of the bank, returning to government majority control of the bank.


"We can only talk about the restructuring of the loan only after the signing of the agreement," said BSP Governor Rafael Buenaventura.


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                    [ColumnID] => 133272
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                    [SectionUrl] => business
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                (
                    [ArticleID] => 99269
                    [Title] => PNB to maintain 39% stake in Maybank
                    [Summary] => 

The Philippine National Bank (PNB) will keep its 39-percent stake in Maybank
Philippines Inc., its commercial bank subsidiary in partnership with Maybank
Berhad of Malaysia.

PNB president Feliciano Miranda Jr. told The STAR that they intend to
keep Maybank as a subsidiary because they use this as a channel to reach out to
overseas Filipino workers in Malaysia.

"We have commitment to Maybank.
                    [DatePublished] => 2000-06-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [URL] => 
                )

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                (
                    [ArticleID] => 99255
                    [Title] => PNB's bad loans rise to 33%
                    [Summary] => 

The non-performing loans (NPLs) of Philippine National Bank (PNB) increased to
33 percent as of end-April this year from only 29 percent in end-1999, PNB
president Feliciano Miranda Jr.
                    [DatePublished] => 2000-05-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

PNB term sheet may be signed by tomorrow

By Rocel Felix | November 13, 2001 - 12:00am

The government and the group of tycoon Lucio Tan are rushing to have a term sheet signed by tomorrow, outlining the details of the proposed reverse privatization that will restore majority control of the debt-saddled...

Business

Restructuring of P15-B PNB loan to come after government, Tan ink deal

By Rocel Felix | November 12, 2001 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) said it will not go to the negotiating table for the restructuring of a P15-billion loan by the Philippine National Bank (PNB) until business tycoon Lucio Tan and the government...

Business

PNB to maintain 39% stake in Maybank

By Donnabelle L. Gatdula | June 1, 2000 - 12:00am

The Philippine National Bank (PNB) will keep its 39-percent stake in Maybank Philippines Inc., its commercial bank subsidiary in partnership with Maybank Berhad of Malaysia. PNB president Feliciano Miranda Jr....

Business

PNB's bad loans rise to 33%

By Donnabelle L. Gatdula | May 31, 2000 - 12:00am

The non-performing loans (NPLs) of Philippine National Bank (PNB) increased to 33 percent as of end-April this year from only 29 percent in end-1999, PNB president Feliciano Miranda Jr.

Business