EXPORTBANK PLAZA

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                    [ArticleID] => 936340
                    [Title] => PDIC: Full payment to uninsured Exportbank depositors nearly impossible
                    [Summary] => 
Uninsured depositors of the shuttered Export and Industry Bank will take a haircut on their money once they are paid by the government, the Philippine Deposit Insurance Corp. (PDIC) said.

                    [DatePublished] => 2013-04-29 16:07:22
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 613431
                    [Title] => Banco de Oro, EIB asset deal nears completion: But EIB will be transformed into a shell company indefinitely
                    [Summary] => 
When the deal between Banco de Oro Unibank Inc. (BDO) and Export and Industry Bank (EIB) are finalized, the latter will be transformed into a shell company without assets or liabilities.
                    [DatePublished] => 2010-09-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1777732
                    [AuthorName] => TPT
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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                    [ArticleID] => 598783
                    [Title] => BDO acquires EIB, other assets
                    [Summary] => 
The board of directors of the Export and Industry Bank (EIB) has sold its assets and liabilities to Banco de Oro Unibank Inc. (BDO).
                    [DatePublished] => 2010-08-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
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                    [ArticleID] => 418761
                    [Title] => EIB Realty to raise P356M via warrants issue
                    [Summary] => EIB Realty, the property unit of Export & Industry Bank, plans to raise P356 million through the issuance of warrants to its shareholders to generate funds for its various projects and pay off obligations.
                    [DatePublished] => 2008-11-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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                    [ArticleID] => 264553
                    [Title] => Export Bank eyes foreign partner for SPV venture
                    [Summary] => The Export and Industry Bank (EIB) has started talks with a foreign financial institution for the formation of a special purpose vehicle (SPV) to dispose of some P1.7-billion worth of non-performing assets (NPAs). 


"The bad debts garbage heap continues to stink," said outgoing EIB vice chairman Reynaldo G. David. "Thus we have decided to enter into a SPV transaction that is a bold venture into uncharted territory but the rational and right financial decision. It is the only way the bank can dispose of the NPAs that clogs the balance sheet."


                    [DatePublished] => 2004-09-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

PDIC: Full payment to uninsured Exportbank depositors nearly impossible

April 29, 2013 - 4:07pm

Uninsured depositors of the shuttered Export and Industry Bank will take a haircut on their money once they are paid by the government, the Philippine Deposit Insurance Corp. (PDIC) said.

Business

Banco de Oro, EIB asset deal nears completion: But EIB will be transformed into a shell company indefinitely

By TPT | September 21, 2010 - 12:00am

When the deal between Banco de Oro Unibank Inc. (BDO) and Export and Industry Bank (EIB) are finalized, the latter will be transformed into a shell company without assets or liabilities.

Banking

BDO acquires EIB, other assets

August 3, 2010 - 12:00am

The board of directors of the Export and Industry Bank (EIB) has sold its assets and liabilities to Banco de Oro Unibank Inc. (BDO).

Banking

EIB Realty to raise P356M via warrants issue

November 28, 2008 - 12:00am

EIB Realty, the property unit of Export & Industry Bank, plans to raise P356 million through the issuance of warrants to its shareholders to generate funds for its various projects and pay off obligati...

Business

Export Bank eyes foreign partner for SPV venture

By Ted P. Torres | September 13, 2004 - 12:00am

The Export and Industry Bank (EIB) has started talks with a foreign financial institution for the formation of a special purpose vehicle (SPV) to dispose of some P1.7-billion worth of non-performing assets (NPAs)....

Business