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                    [ArticleID] => 297974
                    [Title] => iBank to raise P2.5B in Tier-2 capital
                    [Summary] => International Exchange Bank (iBank) expects to raise as much as P2.5 billion for its Tier—2 capital build-up.


In a disclosure to the Philippine Stock Exchange, iBank said the additional capital will be raised from a debt issue that will further strengthen its capital base and prepare it for faster expansion especially in the event the central bank lifts the moratorium on the issuance of licenses for additional bank branches.


                    [DatePublished] => 2005-09-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 284166
                    [Title] => iBank eyes additional 50 branches nationwide
                    [Summary] => Medium-sized lender International Exchange Bank (iBank) has applied for 50 new branch licenses with the Bangko Sentral ng Pilipinas, a top bank official said.


"We just applied for it.  But it doesn’t mean that we will open all those branches in one year.  We’re trying to get more branches," Lanuza said.


He said the bank hopes to open five to eight  branches a year.  It expects to end the year with a total of 80 branches from the existing 74. The bank plans to expand its branch network to around 100 to 120 branches. 


                    [DatePublished] => 2005-06-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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RAZON INDUSTRIES

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                    [ArticleID] => 297974
                    [Title] => iBank to raise P2.5B in Tier-2 capital
                    [Summary] => International Exchange Bank (iBank) expects to raise as much as P2.5 billion for its Tier—2 capital build-up.


In a disclosure to the Philippine Stock Exchange, iBank said the additional capital will be raised from a debt issue that will further strengthen its capital base and prepare it for faster expansion especially in the event the central bank lifts the moratorium on the issuance of licenses for additional bank branches.


                    [DatePublished] => 2005-09-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                (
                    [ArticleID] => 284166
                    [Title] => iBank eyes additional 50 branches nationwide
                    [Summary] => Medium-sized lender International Exchange Bank (iBank) has applied for 50 new branch licenses with the Bangko Sentral ng Pilipinas, a top bank official said.


"We just applied for it.  But it doesn’t mean that we will open all those branches in one year.  We’re trying to get more branches," Lanuza said.


He said the bank hopes to open five to eight  branches a year.  It expects to end the year with a total of 80 branches from the existing 74. The bank plans to expand its branch network to around 100 to 120 branches. 


                    [DatePublished] => 2005-06-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

iBank to raise P2.5B in Tier-2 capital

By Zinnia B. Dela Peña | September 22, 2005 - 12:00am

International Exchange Bank (iBank) expects to raise as much as P2.5 billion for its Tier—2 capital build-up. In a disclosure to the Philippine Stock Exchange, iBank said the additional capital will be raised...

Business

iBank eyes additional 50 branches nationwide

By Zinnia B. Dela Peña | June 30, 2005 - 12:00am

Medium-sized lender International Exchange Bank (iBank) has applied for 50 new branch licenses with the Bangko Sentral ng Pilipinas, a top bank official said. "We just applied for it. But it doesn’t mean...

Business