+ Follow HONG KONG AND SHANGHAI BANK CORP Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 257496
[Title] => Foreign banks’ premium payments to PDIC held in escrow reach P543M
[Summary] => The disputed premium payments of foreign banks to the Philippine Deposit Insurance Corp. (PDIC) held in escrow in various government banks have reached P543.11 million, a top PDIC official said.
PDIC president Ricardo Tan said the amount represents part of the P609.024 million in assessment deficiencies of three foreign banks: Citibank NA, Hong Kong and Shanghai Bank Corp. (HSBC) and Bank of America.
[DatePublished] => 2004-07-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 224162
[Title] => BdO, Smart forge tie-up
[Summary] => Wireless services provider Smart Communications Inc. (Smart) teamed up recently with Banco de Oro Universal Bank (BdO) as the new principal partner for Smart Money MasterCard electronic, the award-winning mobile commerce product.
BdO’s operational integration and acquisition of 1st e-Bank, the former primary issuer of Smart Money and holder of MasterCard Electronic license, paved the way for the strategic alliance. With this partnership, Smart Money cardholders can now do ATM withdrawal and balance inquiry in all BdO and ExpressNet ATMs.
[DatePublished] => 2003-10-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
(
[ArticleID] => 220696
[Title] => IFC expands lending portfolio for RP to $125 million next year
[Summary] => The International Finance Corp. (IFC), the investment arm of the World Bank, is expanding its lending portfolio for the Philippines from $67 million this year to $125 million in 2004.
The IFC is now in discussions with prospective borrowers including the developers of the Parañaque to Cavite coastal road, and an information technology group led by Stradcom.
The Parañaque to Cavite project proponents are looking at a $30-million debt facility while the Stradcom IT group is looking at a $25-million loan.
[DatePublished] => 2003-09-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 163370
[Title] => IFC mulls $150-M investments in RP
[Summary] => The International Finance Corp. (IFC) is looking at making investments worth $150 million this year after infusing a total investment portfolio of $745 million in the Philippines. The Philippines is ranked one of among the 10 largest country exposure in the world for the investment arm of the World Bank.
In the past two years alone, it made invests to 13 business activities worth $345 million.
Among the beneficiaries of IFC’s investment funds are:
• Planters Development Bank, a thrift and savings bank focusing on small and medium enterprises;
[DatePublished] => 2002-06-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
)
)
HONG KONG AND SHANGHAI BANK CORP
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 257496
[Title] => Foreign banks’ premium payments to PDIC held in escrow reach P543M
[Summary] => The disputed premium payments of foreign banks to the Philippine Deposit Insurance Corp. (PDIC) held in escrow in various government banks have reached P543.11 million, a top PDIC official said.
PDIC president Ricardo Tan said the amount represents part of the P609.024 million in assessment deficiencies of three foreign banks: Citibank NA, Hong Kong and Shanghai Bank Corp. (HSBC) and Bank of America.
[DatePublished] => 2004-07-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 224162
[Title] => BdO, Smart forge tie-up
[Summary] => Wireless services provider Smart Communications Inc. (Smart) teamed up recently with Banco de Oro Universal Bank (BdO) as the new principal partner for Smart Money MasterCard electronic, the award-winning mobile commerce product.
BdO’s operational integration and acquisition of 1st e-Bank, the former primary issuer of Smart Money and holder of MasterCard Electronic license, paved the way for the strategic alliance. With this partnership, Smart Money cardholders can now do ATM withdrawal and balance inquiry in all BdO and ExpressNet ATMs.
[DatePublished] => 2003-10-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
(
[ArticleID] => 220696
[Title] => IFC expands lending portfolio for RP to $125 million next year
[Summary] => The International Finance Corp. (IFC), the investment arm of the World Bank, is expanding its lending portfolio for the Philippines from $67 million this year to $125 million in 2004.
The IFC is now in discussions with prospective borrowers including the developers of the Parañaque to Cavite coastal road, and an information technology group led by Stradcom.
The Parañaque to Cavite project proponents are looking at a $30-million debt facility while the Stradcom IT group is looking at a $25-million loan.
[DatePublished] => 2003-09-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 163370
[Title] => IFC mulls $150-M investments in RP
[Summary] => The International Finance Corp. (IFC) is looking at making investments worth $150 million this year after infusing a total investment portfolio of $745 million in the Philippines. The Philippines is ranked one of among the 10 largest country exposure in the world for the investment arm of the World Bank.
In the past two years alone, it made invests to 13 business activities worth $345 million.
Among the beneficiaries of IFC’s investment funds are:
• Planters Development Bank, a thrift and savings bank focusing on small and medium enterprises;
[DatePublished] => 2002-06-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
)
)
abtest
October 14, 2003 - 12:00am
