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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 market’s initial reaction to the FATF sanctions.


                    [DatePublished] => 2003-02-20 00:00:00
                    [ColumnID] => 133272
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FIRST E

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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 market’s initial reaction to the FATF sanctions.


                    [DatePublished] => 2003-02-20 00:00:00
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Banco de Oro posts 15% net income growth

By Ted P. Torres | November 6, 2003 - 12:00am

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...

Business

Banks defer Tier 2 offers due to FATF sanctions

February 20, 2003 - 12:00am

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...

Business