+ Follow INDONESIAN BANK RESTRUCTURING AGENCY Tag
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[ArticleID] => 182205
[Title] => Metrobank net income up 65% in Q3
[Summary] => Metropolitan Bank & Trust Co. (Metrobank), the country’s largest bank, registered a net income of P791.28 million during the third quarter of the year, up by 65 percent from the year ago level of P480.05 million.
The uptick in the third quarter was driven by trading gains in the debt and foreign exchange markets. The bank was benefiting from investments in government securities.
[DatePublished] => 2002-11-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
(
[ArticleID] => 173342
[Title] => Metrobank signs deal with Rabobank
[Summary] => Metrobank, the country’s largest bank, has concluded an agreement for the sale of over P16 billion worth of non-performing loans (NPLs) to Asia Recovery Corp.–an asset management company (AMC) set up on the basis of investments by a foreign group led by Rabobank Nederland.
The sale and purchase agreement, the first ever in the banking industry, and probably the largest in amount, has been submitted to the Bangko Sentral ng Pilipinas (BSP) for approval by the Monetary Board. Metrobank said that pending its approval, details of the agreement cannot be disclosed.
[DatePublished] => 2002-08-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
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INDONESIAN BANK RESTRUCTURING AGENCY
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 182205
[Title] => Metrobank net income up 65% in Q3
[Summary] => Metropolitan Bank & Trust Co. (Metrobank), the country’s largest bank, registered a net income of P791.28 million during the third quarter of the year, up by 65 percent from the year ago level of P480.05 million.
The uptick in the third quarter was driven by trading gains in the debt and foreign exchange markets. The bank was benefiting from investments in government securities.
[DatePublished] => 2002-11-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 173342
[Title] => Metrobank signs deal with Rabobank
[Summary] => Metrobank, the country’s largest bank, has concluded an agreement for the sale of over P16 billion worth of non-performing loans (NPLs) to Asia Recovery Corp.–an asset management company (AMC) set up on the basis of investments by a foreign group led by Rabobank Nederland.
The sale and purchase agreement, the first ever in the banking industry, and probably the largest in amount, has been submitted to the Bangko Sentral ng Pilipinas (BSP) for approval by the Monetary Board. Metrobank said that pending its approval, details of the agreement cannot be disclosed.
[DatePublished] => 2002-08-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
August 25, 2002 - 12:00am
