Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 381612
                    [Title] => EPCIB dissolves credit card unit
                    [Summary] => 



Equitable Card Network Inc. has been dissolved as its entire operations will be assumed by Banco de Oro EPCI Inc., the new bank entity resulting from the merger between Banco de Oro Universal Bank (BDO) and Equitable PCI Bank (EPCIB).


In a report to the Philippine Stock Exchange (PSE), EPCIB said its credit card business will be absorbed by the surviving entity from the recent merger of the two banks.


EPCIB corporate secretary Sabino E. Acut Jr. said the dissolution was "for reasons of efficiency and economy, including saving intermediation costs."


                    [DatePublished] => 2007-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

SABINO E

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 381612
                    [Title] => EPCIB dissolves credit card unit
                    [Summary] => 



Equitable Card Network Inc. has been dissolved as its entire operations will be assumed by Banco de Oro EPCI Inc., the new bank entity resulting from the merger between Banco de Oro Universal Bank (BDO) and Equitable PCI Bank (EPCIB).


In a report to the Philippine Stock Exchange (PSE), EPCIB said its credit card business will be absorbed by the surviving entity from the recent merger of the two banks.


EPCIB corporate secretary Sabino E. Acut Jr. said the dissolution was "for reasons of efficiency and economy, including saving intermediation costs."


                    [DatePublished] => 2007-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

EPCIB dissolves credit card unit

By Ted P. Torres | January 25, 2007 - 12:00am

Equitable Card Network Inc. has been dissolved as its entire operations will be assumed by Banco de Oro EPCI Inc., the new bank entity resulting from the merger between Banco de Oro Universal Bank (BDO) and...

Business