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    [results] => Array
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                    [ArticleID] => 96809
                    [Title] => DBP forecasts 40% growth in net profit
                    [Summary] => The Development Bank of the Philippines (DBP) is hoping to increase by at least 40 percent its net income this year to P2 billion from P1.46 billion in 1999, DBP president and chief executive officer Remedios L. Macalingcag said yesterday. 


"The bank’s income may even be revised upwards as it expects to give out more loans this year," Macalingcag said.


She expressed confidence that the DBP would also be able to improve its non-performing loans ratio this year or at least keep it to its 1999 level of 6.42 percent.


                    [DatePublished] => 2001-01-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 96789
                    [Title] => Japan bank tightens conditions for RP loan
                    [Summary] => The Japan Bank for International Cooperation (JBIC) is imposing stricter conditions for its loans to the Philippine government.


This was revealed yesterday by Development Bank of the Philippines (DBP) president Remedios Macalingcag who, however, refused to admit that the imposition of more stringent conditions may have something to do with the country’s current political instability.


The DBP and JBIC are currently negoating a ¥70-billion or P30.5-billion loan under what the DBP labels as a Jexim 5 loan.


                    [DatePublished] => 2001-01-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 101538
                    [Title] => BSP okays hike in DBP's single borrower's limit
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) has reportedly approved in principle the
request of the Development Bank of the Philippines for an increase in its
single borrower's limit (SBL) for wholesale lending.

DBP president Remedios Macalingcag said they made the request because of the
higher borrowing requirement of merged financial institutions such as that of
Equitable-PCIBank and BPI-FEBTC.

DBP's SBL for wholesale lending, Macalingcag said, is 25 percent of capital
accounts.
                    [DatePublished] => 2000-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 101542
                    [Title] => DBP reports P1.03-B net profit for '99
                    [Summary] => 

The Development Bank of the Philippines (DBP) reported, yesterday a net income
of P1.03 billion for 1999 which, according to DBP president Remedios
Macalingcag, could have been higher were it not for its loan-loss provisioning
of P1.2 billion.

Macalingcag said the DBP is supposed to declare 30 percent of its net income as
dividend to the National Government as mandated by law.

She said if the DBP gives the mandated 30 percent dividend to the National
Government, the bank will not have enough funds left to build up its
capital.

Therefore, Macalingcag said she would reiter
                    [DatePublished] => 2000-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

MACALINGCAG

Array
(
    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 96809
                    [Title] => DBP forecasts 40% growth in net profit
                    [Summary] => The Development Bank of the Philippines (DBP) is hoping to increase by at least 40 percent its net income this year to P2 billion from P1.46 billion in 1999, DBP president and chief executive officer Remedios L. Macalingcag said yesterday. 


"The bank’s income may even be revised upwards as it expects to give out more loans this year," Macalingcag said.


She expressed confidence that the DBP would also be able to improve its non-performing loans ratio this year or at least keep it to its 1999 level of 6.42 percent.


                    [DatePublished] => 2001-01-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 96789
                    [Title] => Japan bank tightens conditions for RP loan
                    [Summary] => The Japan Bank for International Cooperation (JBIC) is imposing stricter conditions for its loans to the Philippine government.


This was revealed yesterday by Development Bank of the Philippines (DBP) president Remedios Macalingcag who, however, refused to admit that the imposition of more stringent conditions may have something to do with the country’s current political instability.


The DBP and JBIC are currently negoating a ¥70-billion or P30.5-billion loan under what the DBP labels as a Jexim 5 loan.


                    [DatePublished] => 2001-01-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 101538
                    [Title] => BSP okays hike in DBP's single borrower's limit
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) has reportedly approved in principle the
request of the Development Bank of the Philippines for an increase in its
single borrower's limit (SBL) for wholesale lending.

DBP president Remedios Macalingcag said they made the request because of the
higher borrowing requirement of merged financial institutions such as that of
Equitable-PCIBank and BPI-FEBTC.

DBP's SBL for wholesale lending, Macalingcag said, is 25 percent of capital
accounts.
                    [DatePublished] => 2000-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 101542
                    [Title] => DBP reports P1.03-B net profit for '99
                    [Summary] => 

The Development Bank of the Philippines (DBP) reported, yesterday a net income
of P1.03 billion for 1999 which, according to DBP president Remedios
Macalingcag, could have been higher were it not for its loan-loss provisioning
of P1.2 billion.

Macalingcag said the DBP is supposed to declare 30 percent of its net income as
dividend to the National Government as mandated by law.

She said if the DBP gives the mandated 30 percent dividend to the National
Government, the bank will not have enough funds left to build up its
capital.

Therefore, Macalingcag said she would reiter
                    [DatePublished] => 2000-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

DBP forecasts 40% growth in net profit

By Marianne V. Go | January 21, 2001 - 12:00am

The Development Bank of the Philippines (DBP) is hoping to increase by at least 40 percent its net income this year to P2 billion from P1.46 billion in 1999, DBP president and chief executive officer Remedios L....

Business

Japan bank tightens conditions for RP loan

By Marianne V. Go | January 19, 2001 - 12:00am

The Japan Bank for International Cooperation (JBIC) is imposing stricter conditions for its loans to the Philippine government. This was revealed yesterday by Development Bank of the Philippines (DBP) president...

Business

BSP okays hike in DBP's single borrower's limit

By Marianne V. Go | February 3, 2000 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has reportedly approved in principle the request of the Development Bank of the Philippines for an increase in its single borrower's limit (SBL) for wholesale lending. DBP...

Business

DBP reports P1.03-B net profit for '99

By Marianne V. Go | February 3, 2000 - 12:00am

The Development Bank of the Philippines (DBP) reported, yesterday a net income of P1.03 billion for 1999 which, according to DBP president Remedios Macalingcag, could have been higher were it not for its loan-loss...

Business