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                    [ArticleID] => 242766
                    [Title] => PDIC bails out PBCom for P7.64-B
                    [Summary] => The Philippine Deposit Insurance Corp. (PDIC) is bailing out Philippine Bank of Communications (PBCom) with a capital infusion of P7.64 billion and in the process appointing four directors and a consultant into the board to oversee the bank’s rehabilitation. 


PBCom ran into trouble last year after it suffered from massive withdrawals on news reports that it was applying for an emergency loan with the Bangko Sentral ng Pilipinas (BSP). 


                    [DatePublished] => 2004-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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JAY ANTONIO QUILA

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                    [Title] => PDIC bails out PBCom for P7.64-B
                    [Summary] => The Philippine Deposit Insurance Corp. (PDIC) is bailing out Philippine Bank of Communications (PBCom) with a capital infusion of P7.64 billion and in the process appointing four directors and a consultant into the board to oversee the bank’s rehabilitation. 


PBCom ran into trouble last year after it suffered from massive withdrawals on news reports that it was applying for an emergency loan with the Bangko Sentral ng Pilipinas (BSP). 


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abtest

PDIC bails out PBCom for P7.64-B

By Des Ferriols | March 16, 2004 - 12:00am

The Philippine Deposit Insurance Corp. (PDIC) is bailing out Philippine Bank of Communications (PBCom) with a capital infusion of P7.64 billion and in the process appointing four directors and a consultant into the...

Business