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                    [ArticleID] => 96687
                    [Title] => PNB proposes scheme to settle part of P10-B emergency loan from PDIC
                    [Summary] => The Philippine National Bank (PNB) wants to settle a portion of its P10-billion emergency loan from the Philippine Deposit Insurance Corp. (PDIC) through an off-selling scheme.


The scheme being proposed calls for the bank to merely transfer to the PDIC an estimated P9 billion in so-called sub-performing loans or bad accounts it had incurred by lending to the national government when the state still owned the bank.


                    [DatePublished] => 2001-01-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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FERDINAND MARCOS AND PRESIDENT FIDEL V

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                    [ArticleID] => 96687
                    [Title] => PNB proposes scheme to settle part of P10-B emergency loan from PDIC
                    [Summary] => The Philippine National Bank (PNB) wants to settle a portion of its P10-billion emergency loan from the Philippine Deposit Insurance Corp. (PDIC) through an off-selling scheme.


The scheme being proposed calls for the bank to merely transfer to the PDIC an estimated P9 billion in so-called sub-performing loans or bad accounts it had incurred by lending to the national government when the state still owned the bank.


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abtest

PNB proposes scheme to settle part of P10-B emergency loan from PDIC

January 8, 2001 - 12:00am

The Philippine National Bank (PNB) wants to settle a portion of its P10-billion emergency loan from the Philippine Deposit Insurance Corp. (PDIC) through an off-selling scheme. The scheme being proposed calls for...

Business