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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 129074 [Title] => Small fish rescues big fish [Summary] => The re-opening of Urban Bank is the story of a small fish that rescued a big fish. The Export and Industry Bank (EIB), with assets valued at about P7 billion, helped Urban Bank, with assets of close to P28 billion, to go back on stream.
Urban Bank declared a bank holiday about two years ago. This caused agony to thousands of depositors and creditors, from an orphanage to a giant pension fund.
The Bank of Commerce showed initial interest to rescue the bank. But, unexpectedly, it withdrew its plan.
[DatePublished] => 2001-08-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1708875 [AuthorName] => Romeo J. Pajarillo [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [1] => Array ( [ArticleID] => 95827 [Title] => Urban Bank, Exportbank merger eyed [Summary] => The lone group that offered to rehabilitate and reopen Urban Bank Inc. (UBI) and its investment arm, Urbancorp Investments, Inc. (UII), will seek a merger with the designated "white knight," Export and Industry Bank (EIB), before the end of the year.
[DatePublished] => 2001-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
JOSUE CAMBA
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 129074 [Title] => Small fish rescues big fish [Summary] => The re-opening of Urban Bank is the story of a small fish that rescued a big fish. The Export and Industry Bank (EIB), with assets valued at about P7 billion, helped Urban Bank, with assets of close to P28 billion, to go back on stream.
Urban Bank declared a bank holiday about two years ago. This caused agony to thousands of depositors and creditors, from an orphanage to a giant pension fund.
The Bank of Commerce showed initial interest to rescue the bank. But, unexpectedly, it withdrew its plan.
[DatePublished] => 2001-08-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1708875 [AuthorName] => Romeo J. Pajarillo [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [1] => Array ( [ArticleID] => 95827 [Title] => Urban Bank, Exportbank merger eyed [Summary] => The lone group that offered to rehabilitate and reopen Urban Bank Inc. (UBI) and its investment arm, Urbancorp Investments, Inc. (UII), will seek a merger with the designated "white knight," Export and Industry Bank (EIB), before the end of the year.
[DatePublished] => 2001-04-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Romeo J. Pajarillo | August 6, 2001 - 12:00am
By Christina Mendez | April 19, 2001 - 12:00am
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