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[ArticleID] => 86698
[Title] => Merger with Urban Bank makes EIB one of RPs top KBs
[Summary] => The merger documents of the Export and Industry Bank and the closed Urban Bank were presented Friday to President Arroyo, signaling the latters rehabilitation and reopening to the public.
The merger was described by the Chief Executive as the first successful rehabilitation of a bank in the Philippines since an Asia-wide financial meltdown battered the banking sector in the region in mid-1997.
The ceremony was timed to coincide with the conclusion of a conference to find ways of accelerating the revival of the countrys capital market.
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INVESTMENT DEPOSITORS AND CREDITORS
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[Title] => Merger with Urban Bank makes EIB one of RPs top KBs
[Summary] => The merger documents of the Export and Industry Bank and the closed Urban Bank were presented Friday to President Arroyo, signaling the latters rehabilitation and reopening to the public.
The merger was described by the Chief Executive as the first successful rehabilitation of a bank in the Philippines since an Asia-wide financial meltdown battered the banking sector in the region in mid-1997.
The ceremony was timed to coincide with the conclusion of a conference to find ways of accelerating the revival of the countrys capital market.
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abtest
July 18, 2001 - 12:00am
Recommended
Vice President Sara Duterte secured 49 government contracts worth around P35 million while serving as the second highest official of the country, the bulk of which was with the local government of Davao City where her brother Sebastian is mayor, a prosecution witness testified yesterday.
8 hours ago
Sen. Rodante Marcoleta is no longer inclined to participate in Vice President Sara Duterte’s impeachment trial amid ongoing discussions to count out absent senators like him in the voting threshold to convict.
8 hours ago
Vice President Sara Duterte has neither kept nor maintained any interest in GenCorp Industries Inc. since she assumed the post in 2022, Davao City Mayor Sebastian “Baste” Duterte insisted.
8 hours ago
For four years, Vice President Sara Duterte has occupied the country’s second-highest office with vast resources at her disposal.
8 hours ago
A company that Vice President Sara Duterte declared as one of her business interests won nearly P36 million in government contracts during her term, almost a third from the Davao City government, a procurement official testified on Tuesday, September 22.
16 hours ago
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Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66








