+ Follow SPECIAL PURPOSE VEHICLE Tag
SPECIAL PURPOSE VEHICLE
Array
(
[results] => Array
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[0] => Array
(
[ArticleID] => 2078481
[Title] => House lawmakers struggle to find fault in Lopez loan with DBP
[Summary] => House lawmakers struggled their way back to finding fault after hitting a stonewall in the hearing.
[DatePublished] => 2021-02-17 19:35:00
[ColumnID] => 0
[Focus] => 1
[AuthorID] => 1806886
[AuthorName] => Ramon Royandoyan
[SectionName] => Business
[SectionUrl] => business
[URL] => https://media.philstar.com/photos/2021/01/19/dbp_2021-01-19_18-44-35834_thumbnail.jpg
)
[1] => Array
(
[ArticleID] => 914059
[Title] => Falcone and Madrigal on education
[Summary] => So far, I have discussed the views on education of senatoriables Samson Alcantara, Bam Aquino, JV Ejercito Estrada, and Ramon Magsaysay.
[DatePublished] => 2013-02-28 00:00:00
[ColumnID] => 134791
[Focus] => 0
[AuthorID] => 1365384
[AuthorName] => Isagani Cruz
[SectionName] => Education and Home
[SectionUrl] => education-and-home
[URL] =>
)
[2] => Array
(
[ArticleID] => 527329
[Title] => Benguet Corp offers creditors debt settlement
[Summary] => Benguet Corp. has made specific and firm proposals for the settlement of its debt, approximately amounting to P1.5 billion, to the creditors of record through the PNB Trust Banking Group, as trustee bank.
[DatePublished] => 2009-11-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 433106
[Title] => Underdeveloped financial sector
[Summary] => Despite the recent passage of the Credit Information System and the Personal Equity and Retirement Account (PERA) bills into law, other bills aimed at developing the financial sector remain pending in Congress.
[DatePublished] => 2009-01-21 00:00:00
[ColumnID] => 133814
[Focus] => 0
[AuthorID] => 1288710
[AuthorName] => Ed F. Limtingco
[SectionName] => Freeman Cebu Business
[SectionUrl] => cebu-business
[URL] =>
)
[4] => Array
(
[ArticleID] => 31364
[Title] => UCPB sells bad assets
[Summary] =>
[DatePublished] => 2007-12-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[5] => Array
(
[ArticleID] => 348137
[Title] => PNB profit up 35% to P425M
[Summary] => The Lucio Tan-owned Philippine National Bank (PNB) recorded a net income of P425 million in the first six months of the year, roughly 35 percent better than the P315 million profit it made in the same period in 2005.
The favorable results prompted bank officials to express optimism the bank would hit its original full year 2006 net earnings target of P760 million. Last year, PNB posted a turnaround with a net income of P627.5 million coming off negative figures in the previous years due to huge bad debts.
[DatePublished] => 2006-07-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 336355
[Title] => Landbank profit up 19% to P908M in January-March
[Summary] => Land Bank of the Philippines (LBP) posted a net income of P908 million in the first three months of 2006, 19 percent better than the P765 million profit in the same period last year.
Total assets stood at P308.6 billion, nine percent higher than the P283.1 billion level in the same period last year. Capital likewise grew by 25 percent from P21.9 billion to P27.3 billion as of end-March this year.
Deposits grew to P236 billion from last year’s P215 billion while loans expanded to P146 billion from P135 billion.
[DatePublished] => 2006-05-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 330079
[Title] => BPI sells P6.3B of NPLs to Avenue Asia
[Summary] => Ayala-owned Bank of the Philippine Islands (BPI) has unloaded another P6.3 billion worth of non-performing loans (NPLs) through a sale and purchase agreement with Avenue Asia, a leading player in the distressed asset market in the US.
BPI has so far sold a total of P17.3 billion in NPLs in wholesale transactions. It has averaged a little over P2 billion in annual retail transactions in the past three years.
In 2004, it sold P8.6 billion in NPLs to Morgan Stanley in a landmark transaction under the Special Purpose Vehicle (SPV) Law.
[DatePublished] => 2006-04-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 312244
[Title] => Metrobank sees 10% profit jump in ’06
[Summary] => Metropolitan Bank & Trust Co., the country’s biggest lender, expects profit to rise at least 10 percent in 2006, boosted by higher income from loans and treasury operations, its top executive said yesterday.
This year, the bank may meet its P4.5-billion profit forecast, Metrobank president Antonio Abacan said. The bank had P3.6-billion net income last year. For the first nine months of 2005, profit rose 21 percent to P3.2 billion.
"We will just keep on punching," Abacan said. "We won’t just put our gloves down."
[DatePublished] => 2005-12-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 309520
[Title] => Lifting of restrictions on foreign ownership of land to boost property sector
[Summary] => Real estate consultancy firm CB Richard Ellis (CBRE) Philippines Inc. is pushing for the lifting of restrictions on foreign ownership of land to help attract more foreign capital into the country and further spur the growth of the property market.
The 1987 Constitution bans foreigners from owning land in the Philippines.
Only corporations that have at least 60 percent of the capital owned by Filipinos can purchase land.
Although foreign individuals can purchase condominiums, no more than 40 percent of a condo development can be owned by foreigners.
[DatePublished] => 2005-11-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 29, 2009 - 12:00am
December 4, 2007 - 12:00am
December 15, 2005 - 12:00am
