+ Follow FRANCISCO MAGSAJO Tag
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 377089
[Title] => US fund manager wraps up purchase of RCBC stake
[Summary] =>
International fund manager Spinnaker Capital Group has completed the purchase of over 13 percent of the Yuchengco-led Rizal Commercial Banking Corp. (RCBC), making it the new minority partner in one of the country’s biggest lenders.
In a disclosure to the Philippine Stock Exchange (PSE); RCBC said Spinnaker Global Strategic FundLtd. acquired a 5.48-percent stake while Spinnaker Global Emerging Markets Fund Ltd. bought 8.06 percent of the bank.
RCBC said the Spinnaker Capital Group bought the shares last Dec. 15 to be used for investment purposes.
[DatePublished] => 2006-12-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 354136
[Title] => RCBC mulls hybrid Tier 1 capital in September
[Summary] =>
The Rizal Commercial Banking Corp. (RCBC) is preparing to issue a $130 million hybrid Tier 1 capital in September.
"Now is a good time to borrow. Our plan is to tap the offshore market next month because the spreads have tightened," RCBC president Francisco Magsajo told reporters yesterday at the launch of its product designed for overseas Filipino workers (OFWs) being marketed by subsidiary, RCBC Savings Bank.
[DatePublished] => 2006-08-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
(
[ArticleID] => 274119
[Title] => RCBC not affected by Pacific Plans’ problems — BSP
[Summary] => Despite having the same stockholders, bank regulators said yesterday the Rizal Commercial Banking Corp. (RCBC), the Yuchengco group’s flagship company, is not affected by the problems besetting Pacific Plans Inc. (PPI).
The Bangko Sentral ng Pilipinas (BSP) said that PPI’s problems have not affected RCBC, one of the biggest commercial banks in the country.
[DatePublished] => 2005-04-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 98359
[Title] => Thrift banks mull mergers to survive competition
[Summary] => A number of thrift banks have been exploring the possibility of merging with one another to survive the stiff competition in the local banking industry, a Chamber of Thrift Banks (CTB) official told The STAR.
"There are ongoing discussions (for thrift banks), especially those undercapitalized ones to merge or look for a strategic partner," CTB incoming president Francisco Magsajo said.
He said the CTB, has in fact, been encouraging smaller thrift banks to consolidate.
[DatePublished] => 2000-12-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
FRANCISCO MAGSAJO
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 377089
[Title] => US fund manager wraps up purchase of RCBC stake
[Summary] =>
International fund manager Spinnaker Capital Group has completed the purchase of over 13 percent of the Yuchengco-led Rizal Commercial Banking Corp. (RCBC), making it the new minority partner in one of the country’s biggest lenders.
In a disclosure to the Philippine Stock Exchange (PSE); RCBC said Spinnaker Global Strategic FundLtd. acquired a 5.48-percent stake while Spinnaker Global Emerging Markets Fund Ltd. bought 8.06 percent of the bank.
RCBC said the Spinnaker Capital Group bought the shares last Dec. 15 to be used for investment purposes.
[DatePublished] => 2006-12-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 354136
[Title] => RCBC mulls hybrid Tier 1 capital in September
[Summary] =>
The Rizal Commercial Banking Corp. (RCBC) is preparing to issue a $130 million hybrid Tier 1 capital in September.
"Now is a good time to borrow. Our plan is to tap the offshore market next month because the spreads have tightened," RCBC president Francisco Magsajo told reporters yesterday at the launch of its product designed for overseas Filipino workers (OFWs) being marketed by subsidiary, RCBC Savings Bank.
[DatePublished] => 2006-08-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
(
[ArticleID] => 274119
[Title] => RCBC not affected by Pacific Plans’ problems — BSP
[Summary] => Despite having the same stockholders, bank regulators said yesterday the Rizal Commercial Banking Corp. (RCBC), the Yuchengco group’s flagship company, is not affected by the problems besetting Pacific Plans Inc. (PPI).
The Bangko Sentral ng Pilipinas (BSP) said that PPI’s problems have not affected RCBC, one of the biggest commercial banks in the country.
[DatePublished] => 2005-04-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 98359
[Title] => Thrift banks mull mergers to survive competition
[Summary] => A number of thrift banks have been exploring the possibility of merging with one another to survive the stiff competition in the local banking industry, a Chamber of Thrift Banks (CTB) official told The STAR.
"There are ongoing discussions (for thrift banks), especially those undercapitalized ones to merge or look for a strategic partner," CTB incoming president Francisco Magsajo said.
He said the CTB, has in fact, been encouraging smaller thrift banks to consolidate.
[DatePublished] => 2000-12-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
August 22, 2006 - 12:00am
