+ Follow INTERNATIONAL FINANCE LTD Tag
INTERNATIONAL FINANCE LTD
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[ArticleID] => 436608
[Title] => PNB expands remittance tie-ups
[Summary] => The Philippine National Bank (PNB) has recently expanded its remittance business in a bid to become the leading commercial bank in the remittance business.
[DatePublished] => 2009-02-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 435979
[Title] => PNB expands remittance business
[Summary] => Philippine National Bank (PNB) has expanded its remittance business in a bid to become the country’s leading commercial bank in the business.
[DatePublished] => 2009-02-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 383535
[Title] => RCBC to put up 15 new branches, 70 ATMs
[Summary] =>
The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) plans to put up 15 new branches and about 70 new automated teller machines (ATMs) to further strengthen its presence in the highly-competitive banking industry.
As of end 2006, RCBC had a total of 289 branches, five extension offices, complemented by 258 ATM facilities.
RCBC said funding for the expansion will come from its proposed issuance of 250 million common shares which is still subject to the approval of regulators.
[DatePublished] => 2007-02-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 348174
[Title] => Ayala Corp. to issue additional pref shares
[Summary] =>
Conglomerate Ayala Corp. would exercise its oversubscription option by issuing an additional 28 million class B preferred shares, driven by huge demand for its shares.
Ayala Corp. originally planned to offer only 30 million preferred shares at P100 each.
Proceeds from the offering, estimated to reach P5.8 billion, will be used to refinance certain dollar-denominated debts maturing in 2008 and for general working capital.
[DatePublished] => 2006-07-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 238362
[Title] => Peso down, foreign currency up
[Summary] => Insurance companies increased its appetite for foreign currency-denominated investments last year reflecting the poor state of the national economy. Even corporates or huge conglomerates turned to the foreign currency market for its lending through bond offerings.
Investments last year registered one of the lowest in terms of peso-denominated products while euro-denominated investment products gained more followers.
[DatePublished] => 2004-02-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[5] => Array
(
[ArticleID] => 230146
[Title] => Ayala to issue P1.5-B preferred shares
[Summary] => Ayala Corp. (AC) will issue P1.5 billion worth of five-year redeemable preferred shares to fund the payment of maturing obligations in 2004, the company told the Philippine Stock Exchange.
The shares, which will be sold at P5 per share, are non-convertible into common shares and have no voting rights.
AC managing director Renato Marzan said the shares are redeemable in full via payment in cash of 100 percent of issue price at the end of the fifth year from issue date.
[DatePublished] => 2003-12-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 225021
[Title] => Ayala Corp secures $100-M club loan
[Summary] => Ayala Corp., through its wholly-owned subsidiary AC International Finance Ltd., has secured a $100-million syndicated term loan facility from a consortium of international financial institutions.
In a disclosure to the Philippine Stock Exchange, Ayala Corp. (AC) managing director Rufino Luis Manotok said the loan was obtained from BNP Paribas, Standard Chartered Bank and ING Bank.
[DatePublished] => 2003-10-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 148404
[Title] => Ayala group seeks $150-M club loan
[Summary] => The Ayala Group has reached an agreement with Standard Chartered Bank for a $150-million syndicated loan to pay its maturing obligations next year.
In a letter to the Philippine Stock Exchange (PSE), publicly-listed Ayala Corp. confirmed earlier reports that the company’s offshore arm, AC International Finance Ltd., has mandated the UK-based SCB to arrange the syndicated loan.
Ayala Corp. would guarantee the loan for AC International and the proceeds would be used to pre-fund next year’s maturing obligation.
[DatePublished] => 2002-01-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
February 3, 2009 - 12:00am
January 26, 2002 - 12:00am
