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+ Follow AACTC Tag
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[Title] => DBP opposes All Asia Capital rehab plan
[Summary] => The Development Bank of the Philippines is opposing the rehabilitation plan of All AsiaCapital and Trust Corp. (AACTC) as it is considering going after its over P1.1-billion loan exposure to the troubled financial service company.
[DatePublished] => 2001-10-25 00:00:00
[ColumnID] => 133272
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[AuthorID] => 1096615
[AuthorName] => Christina Mendez
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[Title] => All AsiaCapital wants to suspend operations
[Summary] => All AsiaCapital and Trust Corp. (AACTC), once one of the countrys leading financial service institutions has requested for a suspension of its operations amid a heavy debt problem and a worsening internal conflict.
According to a joint report by the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC), AACTC has filed for a suspension of operations although it is in the thick of revising its rehabilitation plan.
In the meantime, the SEC has not renewed the trust license of AACTC which expired last July.
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AACTC
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[Title] => DBP opposes All Asia Capital rehab plan
[Summary] => The Development Bank of the Philippines is opposing the rehabilitation plan of All AsiaCapital and Trust Corp. (AACTC) as it is considering going after its over P1.1-billion loan exposure to the troubled financial service company.
[DatePublished] => 2001-10-25 00:00:00
[ColumnID] => 133272
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[AuthorName] => Christina Mendez
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[Title] => All AsiaCapital wants to suspend operations
[Summary] => All AsiaCapital and Trust Corp. (AACTC), once one of the countrys leading financial service institutions has requested for a suspension of its operations amid a heavy debt problem and a worsening internal conflict.
According to a joint report by the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC), AACTC has filed for a suspension of operations although it is in the thick of revising its rehabilitation plan.
In the meantime, the SEC has not renewed the trust license of AACTC which expired last July.
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[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
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abtest
By Christina Mendez | October 25, 2001 - 12:00am
October 22, 2001 - 12:00am
Recommended
The Senate impeachment court will scrutinize Vice President Sara Duterte’s financial records starting from her time as a local official in Davao City to establish a “baseline” for her wealth, presiding officer Sen. Francis Escudero said yesterday.
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Vice President Sara Duterte is ready to replace President Marcos in case the latter resigns, according to her spokesman.
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It’s now the turn of Congress – the Senate and the House of Representatives – to do its part in giving relief to consumers burdened by high electricity bills, by passing a law that would permanently remove the system loss charges, Rep. Arthur Yap of Murang Kuryente party-list said yesterday.
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For helping fugitive Sen. Ronald “Bato” dela Rosa escape from the Senate in May, the Department of Justice has summoned Sen. Robinhood Padilla over allegations of obstruction of justice.
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They’re all in. PSC. POC. PHILTA. The Senate. All behind Alex Eala.
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