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                    [ArticleID] => 33895
                    [Title] => Planters Bank sees higher income in 2007
                    [Summary] => 
            
                    [DatePublished] => 2007-12-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
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                    [ArticleID] => 360529
                    [Title] => Plantersbank eyes more capital-raising schemes
                    [Summary] => Planters Development Bank is planning to raise more capital by publicly-listing its shares and launching debt papers.


"We are considering a second issue this year or early next year, depending on the market appetite," Ambassador Jesus Tambunting, chairman and chief executive officer of Plantersbank, said.


The bank raised a little over P1 billion last year through a Tier 2 undertaking with the Development Bank of Germany acquiring 50 percent of the bond issue.


                    [DatePublished] => 2006-09-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 349522
                    [Title] => Plantersbank upbeat on hitting P2.5-B loan target
                    [Summary] => 



Planters Development Bank is optimistic it will achieve its P2.5-billion loan portfolio target for the year despite a slowdown in lending during the first six months.


Loan portfolio last year almost breached the P19-billion level, of which P15 billion was devoted to the small and medium enterprises (SMEs) market.


Plantersbank is the country’s largest thrift and development bank in terms of lending to the  SME market. It is also ranked among the biggest in terms of revenues within the thrift banking sector.


                    [DatePublished] => 2006-07-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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            [3] => Array
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                    [ArticleID] => 237483
                    [Title] => Further consolidations, downgrades seen
                    [Summary] => Industry leaders of the thrift and savings banking sector has sadly forecast further consolidation and reclassification of the sector as high levels of non-performing loans (NPLs), poor economic activity and regulatory requirements continue to weigh heavily on the nearly 90 industry players.


Planters Bank president and chief operating officer Ma. Flordelis F. Aguenza admitted that  most of the banks either commercial banks (KBs), thrift banks (TBs) and rural banks (RBs) suffered from the 1997 Asian financial crisis. 


                    [DatePublished] => 2004-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
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                    [ArticleID] => 235876
                    [Title] => Plantersbank posts 38% net income growth in ’03
                    [Summary] => After recording a 38-percent growth in its net income last year, Planters Development Bank (Plantersbank) appears confident it would post its highest-ever annual net earnings this year.


In 2003, Plantersbank recorded a net income of P207 million or 38 percent better than the P150 million it recorded in 2002. 


This year, the country’s biggest development bank eyes net earnings to reach P270 million. "That should be the highest level of annual earnings for the bank," Plantersbank president and chief operating officer Ma. Flordelis F. Aguenza said. 


                    [DatePublished] => 2004-01-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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)

FLORDELIS F

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                    [ArticleID] => 33895
                    [Title] => Planters Bank sees higher income in 2007
                    [Summary] => 
            
                    [DatePublished] => 2007-12-18 00:00:00
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                    [ArticleID] => 360529
                    [Title] => Plantersbank eyes more capital-raising schemes
                    [Summary] => Planters Development Bank is planning to raise more capital by publicly-listing its shares and launching debt papers.


"We are considering a second issue this year or early next year, depending on the market appetite," Ambassador Jesus Tambunting, chairman and chief executive officer of Plantersbank, said.


The bank raised a little over P1 billion last year through a Tier 2 undertaking with the Development Bank of Germany acquiring 50 percent of the bond issue.


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                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 349522
                    [Title] => Plantersbank upbeat on hitting P2.5-B loan target
                    [Summary] => 



Planters Development Bank is optimistic it will achieve its P2.5-billion loan portfolio target for the year despite a slowdown in lending during the first six months.


Loan portfolio last year almost breached the P19-billion level, of which P15 billion was devoted to the small and medium enterprises (SMEs) market.


Plantersbank is the country’s largest thrift and development bank in terms of lending to the  SME market. It is also ranked among the biggest in terms of revenues within the thrift banking sector.


                    [DatePublished] => 2006-07-27 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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                    [URL] => 
                )

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                (
                    [ArticleID] => 237483
                    [Title] => Further consolidations, downgrades seen
                    [Summary] => Industry leaders of the thrift and savings banking sector has sadly forecast further consolidation and reclassification of the sector as high levels of non-performing loans (NPLs), poor economic activity and regulatory requirements continue to weigh heavily on the nearly 90 industry players.


Planters Bank president and chief operating officer Ma. Flordelis F. Aguenza admitted that  most of the banks either commercial banks (KBs), thrift banks (TBs) and rural banks (RBs) suffered from the 1997 Asian financial crisis. 


                    [DatePublished] => 2004-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

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                (
                    [ArticleID] => 235876
                    [Title] => Plantersbank posts 38% net income growth in ’03
                    [Summary] => After recording a 38-percent growth in its net income last year, Planters Development Bank (Plantersbank) appears confident it would post its highest-ever annual net earnings this year.


In 2003, Plantersbank recorded a net income of P207 million or 38 percent better than the P150 million it recorded in 2002. 


This year, the country’s biggest development bank eyes net earnings to reach P270 million. "That should be the highest level of annual earnings for the bank," Plantersbank president and chief operating officer Ma. Flordelis F. Aguenza said. 


                    [DatePublished] => 2004-01-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Planters Bank sees higher income in 2007

December 18, 2007 - 12:00am

Banking

Plantersbank eyes more capital-raising schemes

By Ted P. Torres | September 30, 2006 - 12:00am

Planters Development Bank is planning to raise more capital by publicly-listing its shares and launching debt papers. "We are considering a second issue this year or early next year, depending on the market...

Business

Plantersbank upbeat on hitting P2.5-B loan target

By Ted P. Torres | July 27, 2006 - 12:00am

Planters Development Bank is optimistic it will achieve its P2.5-billion loan portfolio target for the year despite a slowdown in lending during the first six months. Loan portfolio last year almost breached...

Business

Further consolidations, downgrades seen

By Ted P. Torres | February 3, 2004 - 12:00am

Industry leaders of the thrift and savings banking sector has sadly forecast further consolidation and reclassification of the sector as high levels of non-performing loans (NPLs), poor economic activity and regulatory...

Banking

Plantersbank posts 38% net income growth in ’03

By Ted P. Torres | January 21, 2004 - 12:00am

After recording a 38-percent growth in its net income last year, Planters Development Bank (Plantersbank) appears confident it would post its highest-ever annual net earnings this year. In 2003, Plantersbank recorded...

Business