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                    [ArticleID] => 325268
                    [Title] => ARC sells P13.2-B Metrobank NPAs to German bank
                    [Summary] => Asia Recovery Corp. (ARC) has disposed of P13.2-billion worth of non-performing assets (NPAs) acquired from Metropolitan Bank and Trust Co. (Metrobank) two years ago to a subsidiary of a German bank.  


The sale, conducted through an auction, represents almost all of ARC’s current inventory of non-performing loans and acquired assets.  


ARC president Pedro Jaminola Jr. said the winning bidder in the auction held on Wednesday is a subsidiary of Hypo-und Vereins Bank AG (HVB). The bidding attracted several large foreign financial and investment institutions.  


                    [DatePublished] => 2006-03-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 309690
                    [Title] => Metrobank declares add’l 2% cash dividends
                    [Summary] => Metropolitan Bank and Trust Co. (Metrobank) has declared an additional two percent cash dividend to stockholders of record date Dec. 8 this year.


The latest declaration translates to a 40-centavo dividend per share amounting to P653 million to be taken out of the bank’s accumulated profits. 


This brings the bank’s total cash dividend declared this year at five percent or a total of P1.6 billion.


Last year, Metrobank declared a total four percent in cash dividends, amounting to P1.3 billion. 


                    [DatePublished] => 2005-12-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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VEREINS BANK

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                    [ArticleID] => 325268
                    [Title] => ARC sells P13.2-B Metrobank NPAs to German bank
                    [Summary] => Asia Recovery Corp. (ARC) has disposed of P13.2-billion worth of non-performing assets (NPAs) acquired from Metropolitan Bank and Trust Co. (Metrobank) two years ago to a subsidiary of a German bank.  


The sale, conducted through an auction, represents almost all of ARC’s current inventory of non-performing loans and acquired assets.  


ARC president Pedro Jaminola Jr. said the winning bidder in the auction held on Wednesday is a subsidiary of Hypo-und Vereins Bank AG (HVB). The bidding attracted several large foreign financial and investment institutions.  


                    [DatePublished] => 2006-03-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

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                (
                    [ArticleID] => 309690
                    [Title] => Metrobank declares add’l 2% cash dividends
                    [Summary] => Metropolitan Bank and Trust Co. (Metrobank) has declared an additional two percent cash dividend to stockholders of record date Dec. 8 this year.


The latest declaration translates to a 40-centavo dividend per share amounting to P653 million to be taken out of the bank’s accumulated profits. 


This brings the bank’s total cash dividend declared this year at five percent or a total of P1.6 billion.


Last year, Metrobank declared a total four percent in cash dividends, amounting to P1.3 billion. 


                    [DatePublished] => 2005-12-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

ARC sells P13.2-B Metrobank NPAs to German bank

By Ted P. Torres | March 10, 2006 - 12:00am

Asia Recovery Corp. (ARC) has disposed of P13.2-billion worth of non-performing assets (NPAs) acquired from Metropolitan Bank and Trust Co. (Metrobank) two years ago to a subsidiary of a German bank. The sale,...

Business

Metrobank declares add’l 2% cash dividends

By Ted P. Torres | December 1, 2005 - 12:00am

Metropolitan Bank and Trust Co. (Metrobank) has declared an additional two percent cash dividend to stockholders of record date Dec. 8 this year. The latest declaration translates to a 40-centavo dividend per share...

Business