+ Follow NETHERLANDS DEVELOPMENT FINANCE CO Tag
NETHERLANDS DEVELOPMENT FINANCE CO
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 1286643
[Title] => Gov’t steps up efforts to build new power plants
[Summary] => The government is stepping up efforts to build and complete new power plants to help address a looming power deficit in Luzon in 2015, Energy Secretary Carlos Jericho Petilla said.
[DatePublished] => 2014-02-05 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1804708
[AuthorName] => Iris Gonzales
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 828485
[Title] => Plantersbank, IFC form $71-M SPV
[Summary] => Planters Development Bank (Plantersbank) and the International Finance Corp. (IFC) have established a special purpose vehicle (SPV) with a distressed asset portfolio worth $71 million (nearly P3 billion).
[DatePublished] => 2012-07-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
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[ArticleID] => 360198
[Title] => Plantersbank taps $2-M loan for microfinance lending
[Summary] => Planters Development Bank has tapped a $2-million long-term loan from ShoreCap International Ltd. for relending through its microfinance lending program.
ShoreCap International is a US-based global private equity company that makes investments in financial institutions specializing in small and medium enterprises (SMEs) and microfinance development.
The $2-million investment is a four-year long-term loan with a 7.5-percent interest repayment rate.
[DatePublished] => 2006-09-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 293481
[Title] => Plantersbank taps foreign partners for $15-M investment fund venture
[Summary] => Planters Development Bank (Plantersbank), the country’s largest development bank owned by the Tambunting family, has tapped foreign partners for the setting up of another equity investment fund worth $15 million.
Plantersbank chairman and chief executive officer Ambassador Jesus P. Tambunting told reporters yesterday that the putting up of another investment fund for the bank would be finalized before yearend.
The amount for the second wave of investment fund, however, is lower than the $25 million fund that the bank set up with Europe-based Aureos Capital.
[DatePublished] => 2005-08-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
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[ArticleID] => 268770
[Title] => Plantersbank gets PRS A rating for P1-B notes issue
[Summary] => Local credit rating agency Philippine Rating Services Corp. has assigned a PRS A rating on Planters Development Bank’s P1-billion unsecured subordinated notes.
The PRS A rating implies that the issue has favorable investment attributes and is considered as an upper-medium grade obligation. "Factors giving security to principal and interest are considered adequate, but elements may be present which suggest a susceptibility to impairment some time in the future," Philratings said.
[DatePublished] => 2005-02-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
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[ArticleID] => 257004
[Title] => Pryce Corp to file petition for debt relief
[Summary] => Listed holding company Pryce Corp. will file a petition for the suspension of debt payments and rehabilitation to prevent its creditors from instituting foreclosure proceedings against its assets.
In a disclosure to the Philippine Stock Exchange (PSE), Pryce said it is left with no choice but to seek debt relief from the courts in order to protect and preserve itself while a viable and acceptable rehabilitation plan is being worked out.
[DatePublished] => 2004-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
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[ArticleID] => 164112
[Title] => Development banking revisited
[Summary] => The Philippine economy depends heavily on small- and medium-sized enterprises, which account for some 90% of all businesses, contribute about 25% to the gross national product and provide jobs to over half of the total labor force.
Yet, important as they are, time was when SMEs did not readily have access to formal credit. Because they were considered very risky, costly and difficult to handle, most banks avoided lending to them.
[DatePublished] => 2002-06-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1389779
[AuthorName] => Jesus Tambunting
[SectionName] => Business As Usual
[SectionUrl] => business-as-usual
[URL] =>
)
[7] => Array
(
[ArticleID] => 95510
[Title] => Smart inks $195-M loan for expansion of its GSM network
[Summary] => Smart Communications Inc. has signed a $195-million (P9.75 billion) multi-tranche loan facility with various financial institutions, the proceeds of which will be used to finance phase five of Smart’s GSM network expansion.
The agreements were signed last Friday, with Smart president and CEO Napoleon L. Nazareno signing in behalf of the company.
[DatePublished] => 2001-06-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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