+ Follow ALBERTO V Tag
ALBERTO V
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 362554
[Title] => Bid to disqualify some EPCIB directors nixed
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has thrown out the complaints filed by Trans Middle East (Phils.) Equities Inc. (TMEQ) regarding the qualifications of the incumbent board members of Equitable PCI Bank (EPCIB).
In a letter to EPCIB president and chief executive officer Rene J. Buenaventura, the BSP said "the grounds (for disqualification) cited by TMEQ do not provide regulatory basis for their disqualification."
[DatePublished] => 2006-10-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 273093
[Title] => Forex reserves up slightly to $16.53B in March
[Summary] => Despite payments made by the government to service its foreign debts, the country’s gross international reserves (GIR) inched up to $16.531 billion as of end-March from $16.530 billion a month earlier, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
The BSP attributed the slight uptick to inflows from foreign exchange operations as well as income from investments abroad.
[DatePublished] => 2005-04-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 273111
[Title] => Domestic liquidity jumps 12.2% to P2.13T in February
[Summary] => Domestic borrowing by the Arroyo administration surged by 8.5 percent in February as banks showed strong demand for government securities, pushing the domestic liquidity higher by 12.2 percent to reach P2.13 trillion.
Data from the Bangko Sentral ng Pilipinas (BSP) showed that the expansion in domestic liquidity was traced to the increase in the foreign exchange position of banks and the decline in the BSP’s net foreign liabilities.
[DatePublished] => 2005-04-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 269233
[Title] => The BSP man
[Summary] => 
The newly-named governor of the Bangko Sentral Ng Pilipinas (BSP) sits on the other end of the couch, hands on his knees, looking relaxed and very benign.
"If you were to look at it like a yield curve," he is saying, "the belly of the curve would be between the second and the seventh."
[DatePublished] => 2005-03-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Starweek Magazine
[SectionUrl] => starweek-magazine
[URL] =>
)
[4] => Array
(
[ArticleID] => 269357
[Title] => The BSP man
[Summary] =>
The newly-named governor of the Bangko Sentral Ng Pilipinas (BSP) sits on the other end of the couch, hands on his knees, looking relaxed and very benign.
"If you were to look at it like a yield curve," he is saying, "the belly of the curve would be between the second and the seventh."
[DatePublished] => 2005-03-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Starweek Magazine
[SectionUrl] => starweek-magazine
[URL] =>
)
[5] => Array
(
[ArticleID] => 268408
[Title] => Money changers, forex dealers now subject to BSP inspection
[Summary] => Like banks and other financial institutions, the Bangko Sentral ng Pilipinas (BSP) said registered money changers, remittance agents and foreign exchange dealers will now be subject to visitations by government examiners.
The BSP said yesterday that the examination of financial institutions will now cover money changers, remittance agents and foreign exchange dealers.
BSP deputy governor Alberto V. Reyes said the BSP is likely to limit the regular visitation to the top 20 moneychanging franchises in the country but smaller operators would also be randomly checked.
[DatePublished] => 2005-02-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 264567
[Title] => BSP cracks down on credit card firms
[Summary] => The Bangko Sentral ng Pilipinas (BSP) is cracking down on credit card companies, ordering issuers to disclose hidden fees and set the guidelines for collecting receivables.
In the wake of the plastic shock sweeping across the country’s largely cash-based consumer market, the BSP has been slowly tightening the noose around credit card companies as delinquency rates rose to record levels.
[DatePublished] => 2004-09-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 262298
[Title] => BSP revises 30-yr old manual of operations
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has revised its manual of examination for the first time in 30 years, shifting its supervision policy to risk-based evaluation of banks in line with international norm.
The Monetary Board (MB) approved last week the revised manual which will be used as a guidelines for BSP’s regular examination of banks, detailing the standards of measurement and the actual examination process.
[DatePublished] => 2004-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 258385
[Title] => FCDU loans down 5% to $4.66B in first quarter
[Summary] => Outstanding loans of foreign currency deposit units (FCDUs) dropped by five percent during the first quarter of the year, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
According to the BSP, FCDU loans granted by commercial and thrift banks amounted to $4.66 billion, down by $223 million from the end-December level of $4.832 billion.
BSP Governor Rafael Buenaventura said the decline was a result of repayments amounting to $832 million which outpaced disbursements of $607 million.
[DatePublished] => 2004-07-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 255434
[Title] => BSP okays banks’ credit rating system
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has approved the guidelines allowing banks to institute their own internal credit rating system and set the minimum standards for rating.
The BSP’s Monetary Board (MB) approved the rules last week which detailed the standards for banks’ internal credit rating, which would improve the internal risk management of banks.
BSP deputy governor Alberto V. Reyes said the minimum requirements were based on a model developed by the Bankers Association of the Philippines (BAP).
[DatePublished] => 2004-06-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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