+ Follow PRIME BANK Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 98847
[Title] => Sale of Prime Bank branches delayed
[Summary] => The sale of the remaining branches of Prime Savings Bank may be delayed due to some legal issues, Philippine Deposit Insurance Corp. (PDIC) sources told The STAR.
"There is a minor problem on the issue of relocation of branches. The Monetary Board (MB), the policy making body of the Bangko Sentral ng Pilipinas (BSP) is still tackling the legality issue," the sources said.
According to sources, the MB wants to resolve this issue first before giving the go signal for the sale of the 37 remaining branches of Prime Bank.
[DatePublished] => 2000-11-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 98581
[Title] => BSP bares winning bidders for Prime Bank branches
[Summary] => The Monetary Board (MB), the policy making body of the Bangko Sentral ng Pilipinas (BSP), has confirmed the winning bidders for the 25 branches of Prime Savings Bank.
Philippine Deposit Insurance Corp. vice president and head of special operations Rescina Bhagwani said the confirmation was approved on Oct. 13 during the regular MB meeting.
Bhagwani said the winning bidders are Ibank, Robinsons Savings Bank, Luzon Development Bank and Legaspi Savings and Loan Association. They will sign shortly a memorandum of agreement (MOA) with the BSP.
[DatePublished] => 2000-10-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 98440
[Title] => Remaining Prime Bank branches to be sold next month
[Summary] => The Philippine Deposit Insurance Corp. (PDIC) expects to finalize the negotiations for the sale of the remaining 37 branches of Prime Savings Bank next month, a ranking PDIC official said yesterday.
"By November, we hope to finish the sale," PDIC head for special operations Rescina Bhagwani said, adding that they have submitted their proposed guidelines for the said negotiated sale to Bangko Sentral ng Pilipinas (BSP) this week.
"Hopefully by Friday next week the Monetary Board will approve our proposal," she said.
[DatePublished] => 2000-10-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 101256
[Title] => Prime Bank now under receivership
[Summary] =>
The Monetary Board, the highest policy making body of the Bangko Sentral ng
Pilipinas (BSP), approved yesterday a resolution placing Prime Bank under
receivership of the Philippine Deposit Insurance Corp.
[DatePublished] => 2000-01-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
PRIME BANK
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 98847
[Title] => Sale of Prime Bank branches delayed
[Summary] => The sale of the remaining branches of Prime Savings Bank may be delayed due to some legal issues, Philippine Deposit Insurance Corp. (PDIC) sources told The STAR.
"There is a minor problem on the issue of relocation of branches. The Monetary Board (MB), the policy making body of the Bangko Sentral ng Pilipinas (BSP) is still tackling the legality issue," the sources said.
According to sources, the MB wants to resolve this issue first before giving the go signal for the sale of the 37 remaining branches of Prime Bank.
[DatePublished] => 2000-11-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 98581
[Title] => BSP bares winning bidders for Prime Bank branches
[Summary] => The Monetary Board (MB), the policy making body of the Bangko Sentral ng Pilipinas (BSP), has confirmed the winning bidders for the 25 branches of Prime Savings Bank.
Philippine Deposit Insurance Corp. vice president and head of special operations Rescina Bhagwani said the confirmation was approved on Oct. 13 during the regular MB meeting.
Bhagwani said the winning bidders are Ibank, Robinsons Savings Bank, Luzon Development Bank and Legaspi Savings and Loan Association. They will sign shortly a memorandum of agreement (MOA) with the BSP.
[DatePublished] => 2000-10-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 98440
[Title] => Remaining Prime Bank branches to be sold next month
[Summary] => The Philippine Deposit Insurance Corp. (PDIC) expects to finalize the negotiations for the sale of the remaining 37 branches of Prime Savings Bank next month, a ranking PDIC official said yesterday.
"By November, we hope to finish the sale," PDIC head for special operations Rescina Bhagwani said, adding that they have submitted their proposed guidelines for the said negotiated sale to Bangko Sentral ng Pilipinas (BSP) this week.
"Hopefully by Friday next week the Monetary Board will approve our proposal," she said.
[DatePublished] => 2000-10-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 101256
[Title] => Prime Bank now under receivership
[Summary] =>
The Monetary Board, the highest policy making body of the Bangko Sentral ng
Pilipinas (BSP), approved yesterday a resolution placing Prime Bank under
receivership of the Philippine Deposit Insurance Corp.
[DatePublished] => 2000-01-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805266
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 16, 2000 - 12:00am
