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                    [ArticleID] => 161917
                    [Title] => Bancommerce projects P320-M income for 2002
                    [Summary] => The Bank of Commerce is projecting a net income of P320 million for 2002 after registering a book loss of P145.79 million last year. In 2000, the bank registered a net income of P21.44-million.


For the first three months this year, the company posted a net income of P66 million.


Bancommerce president and chief executive officer Raul B. de Mesa said projected earnings will come from various strategic changes such as expansion in business, and increase in technological capabilities.


                    [DatePublished] => 2002-05-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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TRADERS ROYAL BANK AND PANASIA BANKING CORP

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                    [ArticleID] => 161917
                    [Title] => Bancommerce projects P320-M income for 2002
                    [Summary] => The Bank of Commerce is projecting a net income of P320 million for 2002 after registering a book loss of P145.79 million last year. In 2000, the bank registered a net income of P21.44-million.


For the first three months this year, the company posted a net income of P66 million.


Bancommerce president and chief executive officer Raul B. de Mesa said projected earnings will come from various strategic changes such as expansion in business, and increase in technological capabilities.


                    [DatePublished] => 2002-05-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

Bancommerce projects P320-M income for 2002

By Ted P. Torres | May 23, 2002 - 12:00am

The Bank of Commerce is projecting a net income of P320 million for 2002 after registering a book loss of P145.79 million last year. In 2000, the bank registered a net income of P21.44-million. For the first three...

Business