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                    [Title] => BPI to auction P2B worth of bad assets
                    [Summary] => The Bank of the Philippine Islands (BPI) plans on putting about P2 billion in bad assets at the auction block, although this move may not involve a special purpose vehicle (SPV).


At their annual stockholders meeting, BPI president and chief executive officer Xavier P. Loinaz said that they would be disposing P2-billion worth of real and otherwise properties owned and acquired (ROPOA) and non-performing loans (NPLs).


Last year, the bank was able to dispose of bad assets worth P1.7 billion without an outside asset management group. 


                    [DatePublished] => 2004-03-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 201420
                    [Title] => BPI to sell P5-B foreclosed assets
                    [Summary] => Ayala-owned Bank of the Philippine Islands (BPI) is talking with several foreign investors for the sale of some P5-billion worth of properties foreclosed by the bank.


"We have two months before it is presented for public bidding," BPI president Xavier P. Loinaz said after the bank’s stockholders had their annual meeting yesterday.


The P5-billion foreclosed properties located in Metro Manila and Metro Cebu, form part of a basket of bad assets worth P15 billion held by the bank.


                    [DatePublished] => 2003-04-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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                    [ArticleID] => 99029
                    [Title] => BPI launches new service
                    [Summary] => 

The Bank of the Philippine Islands, a leader in consumer and electronic
banking, breaks new ground with the opening of the country's first direct bank
-- the BPI Direct.

With BPI Direct, customers are provided a wide range of banking transactions
and services anytime and anywhere, in a faster, more consistent and more cost
efficient manner. Online financial products and services offered include:
deposit products, loan applications, and bills payment.
                    [DatePublished] => 2000-05-13 00:00:00
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                    [Focus] => 0
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XAVIER P

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                    [ArticleID] => 244016
                    [Title] => BPI to auction P2B worth of bad assets
                    [Summary] => The Bank of the Philippine Islands (BPI) plans on putting about P2 billion in bad assets at the auction block, although this move may not involve a special purpose vehicle (SPV).


At their annual stockholders meeting, BPI president and chief executive officer Xavier P. Loinaz said that they would be disposing P2-billion worth of real and otherwise properties owned and acquired (ROPOA) and non-performing loans (NPLs).


Last year, the bank was able to dispose of bad assets worth P1.7 billion without an outside asset management group. 


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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 201420
                    [Title] => BPI to sell P5-B foreclosed assets
                    [Summary] => Ayala-owned Bank of the Philippine Islands (BPI) is talking with several foreign investors for the sale of some P5-billion worth of properties foreclosed by the bank.


"We have two months before it is presented for public bidding," BPI president Xavier P. Loinaz said after the bank’s stockholders had their annual meeting yesterday.


The P5-billion foreclosed properties located in Metro Manila and Metro Cebu, form part of a basket of bad assets worth P15 billion held by the bank.


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                    [ColumnID] => 133272
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                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 99029
                    [Title] => BPI launches new service
                    [Summary] => 

The Bank of the Philippine Islands, a leader in consumer and electronic
banking, breaks new ground with the opening of the country's first direct bank
-- the BPI Direct.

With BPI Direct, customers are provided a wide range of banking transactions
and services anytime and anywhere, in a faster, more consistent and more cost
efficient manner. Online financial products and services offered include:
deposit products, loan applications, and bills payment.
                    [DatePublished] => 2000-05-13 00:00:00
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                    [Focus] => 0
                    [AuthorID] => 
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BPI to auction P2B worth of bad assets

By Ted P. Torres | March 26, 2004 - 12:00am

The Bank of the Philippine Islands (BPI) plans on putting about P2 billion in bad assets at the auction block, although this move may not involve a special purpose vehicle (SPV). At their annual stockholders meeting,...

Business

BPI to sell P5-B foreclosed assets

By Ted P. Torres | April 4, 2003 - 12:00am

Ayala-owned Bank of the Philippine Islands (BPI) is talking with several foreign investors for the sale of some P5-billion worth of properties foreclosed by the bank. "We have two months before it is presented...

Business

BPI launches new service

May 13, 2000 - 12:00am

The Bank of the Philippine Islands, a leader in consumer and electronic banking, breaks new ground with the opening of the country's first direct bank -- the BPI Direct. With BPI Direct, customers are provided...

Business