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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 365383 [Title] => Metrobank starts sale of P8-B bad loans [Summary] => Metropolitan Bank & Trust Co. (Metrobank), the countrys largest bank in terms of assets, will start auction today of up to P8 billion worth of non-performing loans (NPLs) in line with efforts to bring down its bad loans ratio to single-digit levels.
In a briefing following the listing of the companys additional shares on the Philippine Stock Exchange (PSE) yesterday, Metrobank chairman Antonio Abacan Jr. said at least nine foreign companies have already signified interest to participate in the bidding.
[DatePublished] => 2006-10-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 363625 [Title] => Metrobank share sale gets positive review from UBS [Summary] => The principal offering of Metropolitan Bank and Trust Co. in both the international and domestic capital markets is reflective of the growing sophistication and depth of the Philippine capital markets, according to Swiss financial giant UBS AG Investment Bank.
James Fleming, UBS equity capital markets head for South East Asia, said the Metrobank offer was the first primary overnight bookbuilding offer that took a total of only 18 hours, with the majority of 164 million shares offered in the international market gobbled up in the first hour.
[DatePublished] => 2006-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
JAMES FLEMING
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 365383 [Title] => Metrobank starts sale of P8-B bad loans [Summary] => Metropolitan Bank & Trust Co. (Metrobank), the countrys largest bank in terms of assets, will start auction today of up to P8 billion worth of non-performing loans (NPLs) in line with efforts to bring down its bad loans ratio to single-digit levels.
In a briefing following the listing of the companys additional shares on the Philippine Stock Exchange (PSE) yesterday, Metrobank chairman Antonio Abacan Jr. said at least nine foreign companies have already signified interest to participate in the bidding.
[DatePublished] => 2006-10-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 363625 [Title] => Metrobank share sale gets positive review from UBS [Summary] => The principal offering of Metropolitan Bank and Trust Co. in both the international and domestic capital markets is reflective of the growing sophistication and depth of the Philippine capital markets, according to Swiss financial giant UBS AG Investment Bank.
James Fleming, UBS equity capital markets head for South East Asia, said the Metrobank offer was the first primary overnight bookbuilding offer that took a total of only 18 hours, with the majority of 164 million shares offered in the international market gobbled up in the first hour.
[DatePublished] => 2006-10-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Zinnia B. Dela Peña | October 27, 2006 - 12:00am
By Ted P. Torres | October 18, 2006 - 12:00am
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