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                    [Title] => ONB 'invades' Iloilo
                    [Summary] => 
The acquisition by Mindanao-based One Network Bank (ONB) of the Rural Bank of San Enrique Inc. (RBSEI) of Iloilo last April 21 marks the first time ONB expanded outside the southernmost territory of the Philippines. 
                    [DatePublished] => 2012-04-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
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                    [ArticleID] => 774669
                    [Title] => One Network Bank posts record P428 M profit in 2011
                    [Summary] => 
One Network Bank (ONB), the country’s largest rural bank, posted a record P428 million net income last year, a growth of 37.62 percent from P311 million in 2010.
                    [DatePublished] => 2012-02-07 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 517461
                    [Title] => One Network Bank targets within sight
                    [Summary] => 
The positive gains in the first nine months of 2009 has continued to fuel expectations that the 2009 full year targets of One Network Bank Inc. (ONB), the country’s largest rural bank, is achievable.
                    [DatePublished] => 2009-10-27 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 502874
                    [Title] => ONB consolidation: An acid test?
                    [Summary] => 
One Network Bank (A Rural Bank) Inc. (ONB) has applied with the Bangko Sentral ng Pilipinas (BSP) for the consolidation of the Rural Bank of New Corella (Davao del Norte) Inc.
                    [DatePublished] => 2009-09-08 00:00:00
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                    [ArticleID] => 412298
                    [Title] => ONB resources hit P7.85 B
                    [Summary] => The One Network Bank (ONB) has increased total resources to P7.846 billion as of September 2008, or 31 percent higher ...
                    [DatePublished] => 2008-11-04 00:00:00
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                    [ArticleID] => 243657
                    [Title] => PDIC seeks CFIEP extension
                    [Summary] => The Philippine Deposit Insurance Corp. (PDIC) wants an extension of the third module of the Countryside Financial Institution Enhancement Program (CFIEP). The said module offers incentives for mergers, acquisitions or consolidation of qualified CFIs. 


PDIC officials admitted that they have already forwarded a memorandum to the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) recommending further extension of the program. 


                    [DatePublished] => 2004-03-23 00:00:00
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                    [ArticleID] => 236461
                    [Title] => Three-way merger to give rise to biggest rural bank in RP
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved a three-way merger that will result in the formation of the biggest rural bank in the country.


Wilfredo B. Domo-Ong, director of the BSP’s Supervision and Examination Department, said the Monetary Board through Resolution 1865 approved the consolidation of Network Rural Bank (Davao del Sur) Inc., the Rural Bank of Panabo (Davao del Norte) Inc., and the Provident Rural Bank of Cotabato (North Cotabato) Inc. into a single bank called One Network Rural Bank Inc.


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                    [ArticleID] => 226677
                    [Title] => One Network Bank set up by end 2003
                    [Summary] => Three of the country’s top microfinance institutions (MFIs), the Network Rural Bank (NRB), Rural Bank of Panabo (RBP) and Provident Rural Bank (PRB), are consolidating to form One Network Rural Bank, a consolidated countryside bank that intends to bring its own brand of professional, personalized service to Mindanao communities.


With NRB, RBP and PRB occupying the second, fourth and eighth slots, respectively, in terms of net income last year, this move is intended to maximize existing strengths and provide opportunities for strategic expansion across Mindanao.


                    [DatePublished] => 2003-11-04 00:00:00
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NETWORK RURAL BANK

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                    [ArticleID] => 799683
                    [Title] => ONB 'invades' Iloilo
                    [Summary] => 
The acquisition by Mindanao-based One Network Bank (ONB) of the Rural Bank of San Enrique Inc. (RBSEI) of Iloilo last April 21 marks the first time ONB expanded outside the southernmost territory of the Philippines. 
                    [DatePublished] => 2012-04-24 00:00:00
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 774669
                    [Title] => One Network Bank posts record P428 M profit in 2011
                    [Summary] => 
One Network Bank (ONB), the country’s largest rural bank, posted a record P428 million net income last year, a growth of 37.62 percent from P311 million in 2010.
                    [DatePublished] => 2012-02-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                    [Title] => One Network Bank targets within sight
                    [Summary] => 
The positive gains in the first nine months of 2009 has continued to fuel expectations that the 2009 full year targets of One Network Bank Inc. (ONB), the country’s largest rural bank, is achievable.
                    [DatePublished] => 2009-10-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
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                    [URL] => 
                )

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                    [Title] => ONB consolidation: An acid test?
                    [Summary] => 
One Network Bank (A Rural Bank) Inc. (ONB) has applied with the Bangko Sentral ng Pilipinas (BSP) for the consolidation of the Rural Bank of New Corella (Davao del Norte) Inc.
                    [DatePublished] => 2009-09-08 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [Title] => ONB resources hit P7.85 B
                    [Summary] => The One Network Bank (ONB) has increased total resources to P7.846 billion as of September 2008, or 31 percent higher ...
                    [DatePublished] => 2008-11-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Banking
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                    [Title] => PDIC seeks CFIEP extension
                    [Summary] => The Philippine Deposit Insurance Corp. (PDIC) wants an extension of the third module of the Countryside Financial Institution Enhancement Program (CFIEP). The said module offers incentives for mergers, acquisitions or consolidation of qualified CFIs. 


PDIC officials admitted that they have already forwarded a memorandum to the Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) recommending further extension of the program. 


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                    [ColumnID] => 133272
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                    [ArticleID] => 236461
                    [Title] => Three-way merger to give rise to biggest rural bank in RP
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved a three-way merger that will result in the formation of the biggest rural bank in the country.


Wilfredo B. Domo-Ong, director of the BSP’s Supervision and Examination Department, said the Monetary Board through Resolution 1865 approved the consolidation of Network Rural Bank (Davao del Sur) Inc., the Rural Bank of Panabo (Davao del Norte) Inc., and the Provident Rural Bank of Cotabato (North Cotabato) Inc. into a single bank called One Network Rural Bank Inc.


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                    [ArticleID] => 226677
                    [Title] => One Network Bank set up by end 2003
                    [Summary] => Three of the country’s top microfinance institutions (MFIs), the Network Rural Bank (NRB), Rural Bank of Panabo (RBP) and Provident Rural Bank (PRB), are consolidating to form One Network Rural Bank, a consolidated countryside bank that intends to bring its own brand of professional, personalized service to Mindanao communities.


With NRB, RBP and PRB occupying the second, fourth and eighth slots, respectively, in terms of net income last year, this move is intended to maximize existing strengths and provide opportunities for strategic expansion across Mindanao.


                    [DatePublished] => 2003-11-04 00:00:00
                    [ColumnID] => 133272
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abtest

ONB 'invades' Iloilo

By Ted P. Torres | April 24, 2012 - 12:00am

The acquisition by Mindanao-based One Network Bank (ONB) of the Rural Bank of San Enrique Inc. (RBSEI) of Iloilo last April 21 marks the first time ONB expanded outside the southernmost territory of the Philipp...

Banking

One Network Bank posts record P428 M profit in 2011

By Ted P. Torres | February 7, 2012 - 12:00am

One Network Bank (ONB), the country’s largest rural bank, posted a record P428 million net income last year, a growth of 37.62 percent from P311 million in 2010.

Banking

One Network Bank targets within sight

By Ted P. Torres | October 27, 2009 - 12:00am

The positive gains in the first nine months of 2009 has continued to fuel expectations that the 2009 full year targets of One Network Bank Inc. (ONB), the country’s largest rural bank, is achievable.

Banking

ONB consolidation: An acid test?

By Ted P. Torres | September 8, 2009 - 12:00am

One Network Bank (A Rural Bank) Inc. (ONB) has applied with the Bangko Sentral ng Pilipinas (BSP) for the consolidation of the Rural Bank of New Corella (Davao del Norte) Inc.

Banking

ONB resources hit P7.85 B

November 4, 2008 - 12:00am

The One Network Bank (ONB) has increased total resources to P7.846 billion as of September 2008, or 31 percent higher ...

Banking

PDIC seeks CFIEP extension

By Ted P. Torres | March 23, 2004 - 12:00am

The Philippine Deposit Insurance Corp. (PDIC) wants an extension of the third module of the Countryside Financial Institution Enhancement Program (CFIEP). The said module offers incentives for mergers, acquisitions...

Banking

Three-way merger to give rise to biggest rural bank in RP

By Ted P. Torres | January 26, 2004 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has approved a three-way merger that will result in the formation of the biggest rural bank in the country. Wilfredo B. Domo-Ong, director of the BSP’s Supervision and...

Business

One Network Bank set up by end 2003

November 4, 2003 - 12:00am

Three of the country’s top microfinance institutions (MFIs), the Network Rural Bank (NRB), Rural Bank of Panabo (RBP) and Provident Rural Bank (PRB), are consolidating to form One Network Rural Bank, a consolidated...

Banking