^
+ Follow DEPUTY GOVERNOR ARMANDO L Tag
DEPUTY GOVERNOR ARMANDO L
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 456682
                    [Title] => Banks' bad loans down to 3.73%
                    [Summary] => 

MANILA, Philippines - Banks continued to pare down their bad loans, bringing down the proportion of non-performing loans (NPLs) to their total loan portfolio below the pre-1997 level, putting universal and commercial banks in a position of strength.

[DatePublished] => 2009-04-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 456687 [Title] => Bangko Sentral ng Pilipinas approves $1-billion global bonds issue of PSALM [Summary] =>

MANILA, Philippines - The Bangko Sentral ng Pilipinas (BSP) has approved the $1-billion global bonds issue of the Power Sector Assets and Liabilities Management Corp. (PSALM) that the company planned to use to finance its liability management program.

[DatePublished] => 2009-04-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 307876 [Title] => Foreign printer faces probe over ‘Arrovo’ bills [Summary] => The Bangko Sentral ng Pilipinas (BSP) said yesterday it will conduct an investigation into the misprinted P100 bills to determine whether the offshore security printing company could face either legal or financial liabilities or both.

The BSP announced last Sunday that it has received a batch of P100 notes bearing the president’s misspelled surname of "Arrovo" instead of Arroyo.

The BSP assured the public, however, that the misspelled batch of P100 notes were still considered legal tender and should be accepted as genuine currency.
[DatePublished] => 2005-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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