^
+ Follow LEONILO CORONEL Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 532207
                    [Title] => BAP signs anti-fraud agreement
                    [Summary] => 

The Bankers Association of the Philippines (BAP), the British government and the UK Border Agency International Group signed recently a memorandum of understanding for a bank certificate verification system.

[DatePublished] => 2009-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 516862 [Title] => RP banks oppose mandatory provision in Agri-Agra Law [Summary] =>

The country’s banking sector is urging Congress to reconsider proposed amendments to Presidential Decree 717 or the Agri-Agra Law on mandatory lending.

[DatePublished] => 2009-10-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 372437 [Title] => P1 coin worth more abroad than at home [Summary] => With a face value of less than two US cents, the humble Philippine one peso coin may be worth next to nothing at home, but in metal-hungry China it spells big bucks.

So much so that smuggling of the coins has become something of a growth industry in the Philippines and a major headache for the Central Bank.
[DatePublished] => 2006-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => News Commentary [SectionUrl] => news-commentary [URL] => ) [3] => Array ( [ArticleID] => 293484 [Title] => Bankers air mixed views on proposed lifting of moratorium on bank branching [Summary] => The banking industry has mixed views on the proposed lifting of the moratorium on new bank branches.

Bankers Association of the Philippines (BAP) executive director Leonilo Coronel, said they are not "so excited" with the lifting of the bank branching moratorium.

"For me, I am not excited if the moratorium is lifted or not. It is not a milestone. There is also a lot of rethinking if you really do need a branch to sell your products," Coronel said.
[DatePublished] => 2005-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 289927 [Title] => Gov’t warned of currency flight [Summary] => Local banks are warning that the country faces a flight of offshore capital if the government proceeds with its attempts to collect disputed taxes on foreign currency deposits, an industry official said yesterday.

"If the tax department goes ahead with the move it will virtually kill the offshore banking business in this country," Leonilo Coronel, executive director of the Bankers Association of the Philippines, told Agence France Presse.
[DatePublished] => 2005-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 289946 [Title] => Banks warn of massive withdrawals if foreign currency deposits are taxed [Summary] => Foreign and domestic banks in the Philippines have warned the government of massive withdrawals of foreign funds if the government goes ahead and taxes foreign currency deposits, an official of an industry association said yesterday.

Bankers Association of the Philippines (BAP) executive director Leonilo Coronel told AFP: "If the tax department goes ahead with the move it will virtually kill the offshore banking business in this country."
[DatePublished] => 2005-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 285173 [Title] => Chinese regulators to study RP experience in bank rehab [Summary] => Bank regulators from China are expected to arrive in the country to study the Philippine experience in bank rehabilitation, the disposition of bad assets of banks and the establishment of special purpose vehicles.

Officials from the China Banking Regulatory Commission (CBRC) will send a team to the Philippines on July 15 to meet with the Bangko Sentral ng Pilipinas (BSP) as well as leaders of the Philippine banking industry.
[DatePublished] => 2005-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 274135 [Title] => Exporters, OFWs to benefit from removal of RP from US money-laundering watchlist [Summary] => Exporters and overseas Filipino workers will benefit from the Philippines’ removal from the United States’ money-laundering watchlist as the move is expected to make investment decisions easier and more positive for Philippine businesses.

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced earlier this week that it was withdrawing an advisory it had issued against the Philippines in 2000 when the country was first tagged as a money-laundering haven.
[DatePublished] => 2005-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 268207 [Title] => Banks warn against ATM fraud via email [Summary] => Banks warned yesterday against the rising incidence of ATM (automatic teller machine) frauds and identity theft through e-mails that lure cardholders to reveal bank account details in fake websites.

The Bankers Association of the Philippines (BAP) said banks have observed an increasingly growing trend of using sophisticated schemes to defraud consumers.
[DatePublished] => 2005-02-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 253487 [Title] => Congress okays hike in deposit insurance coverage to P250,000 [Summary] => The bicameral conference committee headed by Sen. Sergio Osmeña approved yesterday the amended charter of the Philippine Deposit Insurance Corp. (PDIC), increasing from P100,000 to P250,000 the maximum insurance coverage of bank deposits.

The ratification of the new law, however, drew mixed reactions from the financial sector as banks and bank regulators sorted through the amended charter of the PDIC.
[DatePublished] => 2004-06-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
LEONILO CORONEL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 532207
                    [Title] => BAP signs anti-fraud agreement
                    [Summary] => 

The Bankers Association of the Philippines (BAP), the British government and the UK Border Agency International Group signed recently a memorandum of understanding for a bank certificate verification system.

[DatePublished] => 2009-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 516862 [Title] => RP banks oppose mandatory provision in Agri-Agra Law [Summary] =>

The country’s banking sector is urging Congress to reconsider proposed amendments to Presidential Decree 717 or the Agri-Agra Law on mandatory lending.

[DatePublished] => 2009-10-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 372437 [Title] => P1 coin worth more abroad than at home [Summary] => With a face value of less than two US cents, the humble Philippine one peso coin may be worth next to nothing at home, but in metal-hungry China it spells big bucks.

So much so that smuggling of the coins has become something of a growth industry in the Philippines and a major headache for the Central Bank.
[DatePublished] => 2006-11-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => News Commentary [SectionUrl] => news-commentary [URL] => ) [3] => Array ( [ArticleID] => 293484 [Title] => Bankers air mixed views on proposed lifting of moratorium on bank branching [Summary] => The banking industry has mixed views on the proposed lifting of the moratorium on new bank branches.

Bankers Association of the Philippines (BAP) executive director Leonilo Coronel, said they are not "so excited" with the lifting of the bank branching moratorium.

"For me, I am not excited if the moratorium is lifted or not. It is not a milestone. There is also a lot of rethinking if you really do need a branch to sell your products," Coronel said.
[DatePublished] => 2005-08-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 289927 [Title] => Gov’t warned of currency flight [Summary] => Local banks are warning that the country faces a flight of offshore capital if the government proceeds with its attempts to collect disputed taxes on foreign currency deposits, an industry official said yesterday.

"If the tax department goes ahead with the move it will virtually kill the offshore banking business in this country," Leonilo Coronel, executive director of the Bankers Association of the Philippines, told Agence France Presse.
[DatePublished] => 2005-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [5] => Array ( [ArticleID] => 289946 [Title] => Banks warn of massive withdrawals if foreign currency deposits are taxed [Summary] => Foreign and domestic banks in the Philippines have warned the government of massive withdrawals of foreign funds if the government goes ahead and taxes foreign currency deposits, an official of an industry association said yesterday.

Bankers Association of the Philippines (BAP) executive director Leonilo Coronel told AFP: "If the tax department goes ahead with the move it will virtually kill the offshore banking business in this country."
[DatePublished] => 2005-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 285173 [Title] => Chinese regulators to study RP experience in bank rehab [Summary] => Bank regulators from China are expected to arrive in the country to study the Philippine experience in bank rehabilitation, the disposition of bad assets of banks and the establishment of special purpose vehicles.

Officials from the China Banking Regulatory Commission (CBRC) will send a team to the Philippines on July 15 to meet with the Bangko Sentral ng Pilipinas (BSP) as well as leaders of the Philippine banking industry.
[DatePublished] => 2005-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 274135 [Title] => Exporters, OFWs to benefit from removal of RP from US money-laundering watchlist [Summary] => Exporters and overseas Filipino workers will benefit from the Philippines’ removal from the United States’ money-laundering watchlist as the move is expected to make investment decisions easier and more positive for Philippine businesses.

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced earlier this week that it was withdrawing an advisory it had issued against the Philippines in 2000 when the country was first tagged as a money-laundering haven.
[DatePublished] => 2005-04-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 268207 [Title] => Banks warn against ATM fraud via email [Summary] => Banks warned yesterday against the rising incidence of ATM (automatic teller machine) frauds and identity theft through e-mails that lure cardholders to reveal bank account details in fake websites.

The Bankers Association of the Philippines (BAP) said banks have observed an increasingly growing trend of using sophisticated schemes to defraud consumers.
[DatePublished] => 2005-02-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 253487 [Title] => Congress okays hike in deposit insurance coverage to P250,000 [Summary] => The bicameral conference committee headed by Sen. Sergio Osmeña approved yesterday the amended charter of the Philippine Deposit Insurance Corp. (PDIC), increasing from P100,000 to P250,000 the maximum insurance coverage of bank deposits.

The ratification of the new law, however, drew mixed reactions from the financial sector as banks and bank regulators sorted through the amended charter of the PDIC.
[DatePublished] => 2004-06-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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