ISIDRO ALCANTARA

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                    [ArticleID] => 275248
                    [Title] => RCBC eyes 2 comm’l banks, foreign partner
                    [Summary] => The Rizal Commercial Banking Corp. (RCBC) is holding acquisition talks with two commercial banks while scanning the investment horizon for a strategic foreign partner.


Banking sources said one of the two commercial banks is the Philippine Bank of Commerce (PBCom) which has been without a president for nearly six months now. 


The other commercial bank is reportedly among the top 10 players but does not have an expanded commercial banking license.


                    [DatePublished] => 2005-04-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 242766
                    [Title] => PDIC bails out PBCom for P7.64-B
                    [Summary] => The Philippine Deposit Insurance Corp. (PDIC) is bailing out Philippine Bank of Communications (PBCom) with a capital infusion of P7.64 billion and in the process appointing four directors and a consultant into the board to oversee the bank’s rehabilitation. 


PBCom ran into trouble last year after it suffered from massive withdrawals on news reports that it was applying for an emergency loan with the Bangko Sentral ng Pilipinas (BSP). 


                    [DatePublished] => 2004-03-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 242786
                    [Title] => PBCom embarks on modernization program
                    [Summary] => The Philippine Bank of Communications is embarking on a major expansion and modernization program designed to strengthen the bank and enhance profitability on a sustained basis, PBCom President and CEO Isidro Alcantara announced yesterday.


The bank’s three major stockholder groups have put in escrow an additional P3 billion to bring total capital to more than P9 billion, making PBCom the best capitalized commercial bank.


                    [DatePublished] => 2004-03-16 00:00:00
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RCBC eyes 2 comm’l banks, foreign partner

By Ted P. Torres | April 25, 2005 - 12:00am

The Rizal Commercial Banking Corp. (RCBC) is holding acquisition talks with two commercial banks while scanning the investment horizon for a strategic foreign partner. Banking sources said one of the two commercial...

Business

PDIC bails out PBCom for P7.64-B

By Des Ferriols | March 16, 2004 - 12:00am

The Philippine Deposit Insurance Corp. (PDIC) is bailing out Philippine Bank of Communications (PBCom) with a capital infusion of P7.64 billion and in the process appointing four directors and a consultant into the...

Business

PBCom embarks on modernization program

March 16, 2004 - 12:00am

The Philippine Bank of Communications is embarking on a major expansion and modernization program designed to strengthen the bank and enhance profitability on a sustained basis, PBCom President and CEO Isidro Alcantara...

Banking