Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 1549021
[Title] => BSP padlocks Cebu-based rural bank
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has ordered the closure of another rural bank as it continues to weed out weak players in the banking industry to protect the interest of depositors.
[DatePublished] => 2016-02-02 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 1532604
[Title] => Two more rural banks shut down
[Summary] => Two more rural banks folded up early this month, bringing to 14 the number of weak players ordered closed by the Bangko Sentral ng Pilipinas (BSP) this year.
[DatePublished] => 2015-12-14 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 1528308
[Title] => Smaller banks remain well-capitalized, says BSP
[Summary] => The Bangko Sentral ng Pilipinas (BSP) reported yesterday the capital position of the country’s thrift, rural, and cooperative banks remained healthy amid the exit of weak players.
[DatePublished] => 2015-12-02 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 1511837
[Title] => PDIC extends deposit claims from closed Bukidnon bank
[Summary] => State-run Philippine Deposit Insurance Corp. (PDIC) is extending the processing of insurance deposit claims of the shuttered Bukidnon-based Xavier-Punla Rural Bank Inc. after servicing a little more than half of the deposit accounts.
[DatePublished] => 2015-10-17 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 1509613
[Title] => Earnings of rural, coop banks down 16.8% in first half
[Summary] => Earnings of rural and cooperative banks fell 16.8 percent to P1.64 billion in the first half from P1.97 billion in the same period last year amid the consolidation in the industry and the exit of weak players, data from the Bangko Sentral ng Pilipinas (BSP) showed.
[DatePublished] => 2015-10-11 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 1503908
[Title] => PDIC sets Oct 1 auction of closed banks’ assets
[Summary] => State-run Philippine Deposit Insurance Corp. (PDIC) is raising close to P23 million from the sale of assets of closed banks in the provinces scheduled on Oct. 1.
[DatePublished] => 2015-09-25 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 1494035
[Title] => PDIC set to pay depositors of closed RB
[Summary] => State-run Philippine Deposit Insurance Corp. (PDIC) is set to start paying depositors of the shuttered Bukidnon-based Xavier-Punla Rural Bank Inc. in the second week of September.
[DatePublished] => 2015-08-30 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 1492139
[Title] => BSP padlocks Bukidnon bank
[Summary] => The Bangko Sentral ng Pilipinas (BSP) has ordered the closure of another rural bank based in Bukidnon and placed all its assets under the supervision of the state-run Philippine Deposit Insurance Corp. (PDIC).
[DatePublished] => 2015-08-25 10:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 1438536
[Title] => Depositors of closed banks urged to file claims
[Summary] => The Philippine Deposit Insurance Corp. has urged depositors of the closed Community Bank (Rural Bank of Alfonso, Inc.) and Rural Bank of Magsingal (Ilocos Sur) Inc. to file insurance claims starting next week.
[DatePublished] => 2015-03-29 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1438879
[AuthorName] => Kathleen A. Martin
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 1430779
[Title] => BSP closes Ilocos bank
[Summary] => Another rural bank has been ordered closed by the Bangko Sentral ng Pilipinas, the Philippine Deposit Insurance Corp. said in a statement yesterday.
[DatePublished] => 2015-03-07 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1438879
[AuthorName] => Kathleen A. Martin
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
