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[ArticleID] => 226902
[Title] => Banco de Oro posts 15% net income growth
[Summary] => Banco de Oro Universal Bank (BdO) kept its 2003 net earnings target of P1.3 billion on track after it posted an unaudited net income of P965.1 million in the first nine months of the year.
The income performance was 15 percent better than the P842.1-million profit in the same period last year, the bank said.
The growth in income, BdO said, was primarily due to the increase in its net interest income to P2.78 billion, up 69 percent from year-ago levels.
[DatePublished] => 2003-11-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
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[ArticleID] => 196069
[Title] => Banks defer Tier 2 offers due to FATF sanctions
[Summary] => Despite the need to raise capital, banks have decided to postpone their Tier 2 offers in anticipation of the market backlash stemming from the sanctions imposed by the Financial Action Task Force (FATF) on the Philippines.
The Bangko Sentral ng Pilipinas (BSP) said that banks have advised monetary officials of their decision to postpone all plans to raise Tier 2 capital, saying that they are not likely to get good terms given the markets initial reaction to the FATF sanctions.
[DatePublished] => 2003-02-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[ArticleID] => 226902
[Title] => Banco de Oro posts 15% net income growth
[Summary] => Banco de Oro Universal Bank (BdO) kept its 2003 net earnings target of P1.3 billion on track after it posted an unaudited net income of P965.1 million in the first nine months of the year.
The income performance was 15 percent better than the P842.1-million profit in the same period last year, the bank said.
The growth in income, BdO said, was primarily due to the increase in its net interest income to P2.78 billion, up 69 percent from year-ago levels.
[DatePublished] => 2003-11-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
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)
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[ArticleID] => 196069
[Title] => Banks defer Tier 2 offers due to FATF sanctions
[Summary] => Despite the need to raise capital, banks have decided to postpone their Tier 2 offers in anticipation of the market backlash stemming from the sanctions imposed by the Financial Action Task Force (FATF) on the Philippines.
The Bangko Sentral ng Pilipinas (BSP) said that banks have advised monetary officials of their decision to postpone all plans to raise Tier 2 capital, saying that they are not likely to get good terms given the markets initial reaction to the FATF sanctions.
[DatePublished] => 2003-02-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
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abtest
By Ted P. Torres | November 6, 2003 - 12:00am
February 20, 2003 - 12:00am
Recommended
Doubling down on last year’s budget transparency reforms, the Senate is pushing for the publication of official transcripts during the bicameral conference committee proceedings to expose lawmakers who sneak questionable realignments into the proposed 2027 national outlay.
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Senators are expecting Vice President Sara Duterte to personally face the chamber during plenary deliberations on the 2027 budget of the Office of the Vice President (OVP), with Sen. Risa Hontiveros warning that another absence would be considered “improper conduct.”
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Vice President Sara Duterte’s defense team yesterday confirmed that one of their witnesses, GenCorp Industries Inc. corporate counsel Suzette Balucanag-Punay would be unable to attend the impeachment hearing today.
16 hours ago
The camp of Vice President Sara Duterte said the House prosecution team “had its chance but failed” in her Senate impeachment trial as the defense team takes its turn to present its evidence and witnesses beginning tomorrow.
1 day ago
Early this week, the United States had an election for its Senate, House of Representatives and other local officials.
1 day ago
Lotto Nov 8, 2026
EZ2 - 18 12
SUERTRES - 6 2 3
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P92,852,095.00
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Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66







