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                    [ArticleID] => 153178
                    [Title] => Banks’ bad loans rise to 18.3%
                    [Summary] => Bad loans or the non-performing loan (NPL) ratio  of   the country’s 44 commercial banks rose to 18.3 percent in January, reversing  the previous month’s decline to 17.35 percent, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
                    [DatePublished] => 2002-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 135994
                    [Title] => BSP bats for interim body to acquire banks’ bad loans
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) is pushing for the creation of an interim body that will acquire nonperforming loans (NPLs) and foreclosed assets of banks, and try to dispose these ahead of the Congress-proposed special purpose asset vehicle (SPAV)


"We are trying to design a special purpose vehicle (SPV) that will essentially have the same function as an asset management company (AMC), much like the SPAV being pushed by Congress to get rid of banks’ bad loans and idle assets," said BSP Governor Rafael Buenaventura.


                    [DatePublished] => 2001-10-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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SPECIAL PURPOSE ASSET VEHICLE ACT

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    [results] => Array
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                    [ArticleID] => 153178
                    [Title] => Banks’ bad loans rise to 18.3%
                    [Summary] => Bad loans or the non-performing loan (NPL) ratio  of   the country’s 44 commercial banks rose to 18.3 percent in January, reversing  the previous month’s decline to 17.35 percent, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
                    [DatePublished] => 2002-03-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 135994
                    [Title] => BSP bats for interim body to acquire banks’ bad loans
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) is pushing for the creation of an interim body that will acquire nonperforming loans (NPLs) and foreclosed assets of banks, and try to dispose these ahead of the Congress-proposed special purpose asset vehicle (SPAV)


"We are trying to design a special purpose vehicle (SPV) that will essentially have the same function as an asset management company (AMC), much like the SPAV being pushed by Congress to get rid of banks’ bad loans and idle assets," said BSP Governor Rafael Buenaventura.


                    [DatePublished] => 2001-10-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Banks’ bad loans rise to 18.3%

By Rocel Felix | March 9, 2002 - 12:00am

Bad loans or the non-performing loan (NPL) ratio of the country’s 44 commercial banks rose to 18.3 percent in January, reversing the previous month’s decline to 17.35 percent, the Bangko Sentral ng...

Business

BSP bats for interim body to acquire banks’ bad loans

By Rocel Felix | October 8, 2001 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) is pushing for the creation of an interim body that will acquire nonperforming loans (NPLs) and foreclosed assets of banks, and try to dispose these ahead of the Congress-proposed...

Business