BANK AND CHINA BANK

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                    [ArticleID] => 357528
                    [Title] => Sy Group rules out 3-way merger among BDO, EPCIB, China Bank
                    [Summary] => 



The Sy group said a three-way merger among Banco De Oro, Equitable PCI Bank and China Bank is unlikely at this point.


"Let’s wait for the tender offer to be completed first.  Hopefully, everything would be finished by the end of September or first week of October," said  SM Investments Corp. (SMIC) vice chairman Tessie Sy when asked about the possibilities of a mega-merger between the three banks.


                    [DatePublished] => 2006-09-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 348660
                    [Title] => SEC okays dealership license for Pacific Plans
                    [Summary] => 



The Securities and Exchange Commission approved late Thursday the issuance of a dealership license to Yuchengco-owned pre-need firm Pacific Plans Inc., allowing it to sell new plans to the public.


The approval of PPI’s request for a dealership license was anchored on the pre-need firm’s full compliance with the requirements imposed by the SEC on liquidity, capitalization and the actuarial valuation report.


                    [DatePublished] => 2006-07-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 320609
                    [Title] => BDO-led consortium to lend P5B to P10B to Tanduay
                    [Summary] => A consortium of banks led by Banco de Oro is set to lend between P5 billion to P10 billion to Tanduay Distillers Inc. for its expansion.


BDO has reportedly invited Rizal Commercial Banking Corp. (RCBC), Equitable-PCI Bank and China Bank to join the consortium.


The loan signing is scheduled for Friday, Feb. 10.


According to banking sources, the loan would be priced at 75 basis points over Mart 1.


Lucio Tan-owned TDI last year acquired control of two distilleries as part of its plans to increase its capacity.


                    [DatePublished] => 2006-02-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097285
                    [AuthorName] =>  Marianne  V.  Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 98752
                    [Title] => Index soars 212 pts as investors expect Estrada to go
                    [Summary] => The Philippine stock index surged to its biggest single day gain in history as bargain hunters loaded up on practically all issues, trading on high expectations of a long-awaited resolution to the political crisis that has pummeled the Estrada presidency.


                    [DatePublished] => 2000-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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Sy Group rules out 3-way merger among BDO, EPCIB, China Bank

By Zinnia B. Dela Peña | September 11, 2006 - 12:00am

The Sy group said a three-way merger among Banco De Oro, Equitable PCI Bank and China Bank is unlikely at this point. "Let’s wait for the tender offer to be completed first. Hopefully, everything...

Business

SEC okays dealership license for Pacific Plans

By Zinnia B. Dela Peña | July 22, 2006 - 12:00am

The Securities and Exchange Commission approved late Thursday the issuance of a dealership license to Yuchengco-owned pre-need firm Pacific Plans Inc., allowing it to sell new plans to the public. The approval...

Business

BDO-led consortium to lend P5B to P10B to Tanduay

By Marianne V. Go | February 8, 2006 - 12:00am

A consortium of banks led by Banco de Oro is set to lend between P5 billion to P10 billion to Tanduay Distillers Inc. for its expansion. BDO has reportedly invited Rizal Commercial Banking Corp. (RCBC), Equitable-PCI...

Business

Index soars 212 pts as investors expect Estrada to go

By Christina Mendez | November 7, 2000 - 12:00am

The Philippine stock index surged to its biggest single day gain in history as bargain hunters loaded up on practically all issues, trading on high expectations of a long-awaited resolution to the political crisis...

Business