^
+ Follow ANNUM Tag
ANNUM
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 904493
                    [Title] => NEA releases P1.6-B loans to electric cooperatives
                    [Summary] => 

The National Electrification Administration (NEA) has released P1.6 billion worth of loans to 41 electric cooperatives around the country last year through its Enhanced Lending Program.

[DatePublished] => 2013-02-04 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 453313 [Title] => PNB closes P3.25-billion issue [Summary] =>

The Philippine National Bank (PNB) closed the offer period for the P3.25 billion long-term negotiable certificates of time deposit (LTNCDs) last March 24.

[DatePublished] => 2009-03-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 317099 [Title] => ADB cuts lending rates [Summary] => The Asian Development Bank (ADB) has reduced lending rates for both its US dollar and Japanese yen single currency pool-based loans.

From January to end June 2006, the lending rate for US dollar pool-based loans will decrease from 6.14 percent to 5.94.

This reflects the average cost of borrowings - 5.54 percent per annum from July to December 2005 plus a spread of 0.40 percent per annum (this represents a lending spread of 0.60 percent points less a waiver of 0.20 percent).
[DatePublished] => 2006-01-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 256878 [Title] => ADB lowers rate for dollar loans [Summary] => The Asian Development Bank (ADB) has lowered for the second time this year its lending rate for US dollar pool-based loans.

From July to December this year, the rate will drop to 6.09 percent per annum, from 6.27 percent January 2004.

While the average cost of borrowings during the first half at 5.69 percent per annum was 0.02 percentage point higher than in the previous semester, a substantial 0.20 percentage point of the lending spread was waived.
[DatePublished] => 2004-07-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 240185 [Title] => The Supreme Court strikes at interest rates – again! [Summary] => What is deemed a reasonable rate of interest for loans? The question was considered – again –in the 2003 case of Corazon G. Ruiz vs. Court of Appeals, et al., G.R. No. 146942, April 22, 2003. Briefly, Ruiz borrowed on several occasions from Consuelo Torres in 1995. Ruiz executed four promissory notes in favor of Torres, the payment of which was secured by a real estate mortgage over a lot situated in Quezon City. The four unpaid promissory notes executed by Ruiz in favor of Torres are in the following amounts and maturity dates:
[DatePublished] => 2004-02-24 00:00:00 [ColumnID] => 133241 [Focus] => 0 [AuthorID] => 1325546 [AuthorName] => Francis Lim [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 234708 [Title] => ADB trims lending rates for dollar loans [Summary] => The Manila-based multilateral funding agency Asian Development Bank (ADB) has lowered its lending rates for both US dollar and multi-currency pool-based loans, the bank said in a statement.

For the first half of this year, the lending rate for US dollar pool-based loans will drop to 6.27 percent per annum from 6.31 percent.

"This reflects the average cost of borrowings – 5.67 percent per annum – from July to December 2003 plus a spread of 0.6 percent per annum," the ADB said.
[DatePublished] => 2004-01-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 193602 [Title] => SEC, BIR urged to probe investment plans offering ‘incredibly high’ returns [Summary] => Senate Majority Leader Loren Legarda has urged the Securities and Exchange Commission and the Bureau of Internal Revenue to crack down on the promoters of dubious investment schemes that have been boldly putting up newspaper paid advertisements offering "incredibly high" returns.

Legarda cited the case of one scheme enticing investors with at least P50,000 to invest in a "special savings program" that earns 10 percent per month or 120 percent per annum.
[DatePublished] => 2003-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 190995 [Title] => ADB launches $1-B global bonds [Summary] => The Asian Development Bank (ADB) said yesterday it has launched a $1-billion three-year global bond to augment its own lending operations.

The bonds, issued through a syndicate headed by Lehman Brothers and UBS Warburg, have a yield of 70 basis points over the two-year US Treasury bond.
[DatePublished] => 2003-01-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with