+ Follow LOINAZ Tag
LOINAZ
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 264953
[Title] => Montinola named new BPI head
[Summary] => The Bank of the Philippine Islands (BPI) announced yesterday the election of Aurelio R. Montinola as the new president, to succeed Xavier P. Loinaz effective Jan. 1 next year.
Loinaz will remain as a member of the executive committee and a board director.
"This movement is in line with traditional retirement practices of BPI and forms part of the normal succession process," the bank said in a press statement.
[DatePublished] => 2004-09-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 201420
[Title] => BPI to sell P5-B foreclosed assets
[Summary] => Ayala-owned Bank of the Philippine Islands (BPI) is talking with several foreign investors for the sale of some P5-billion worth of properties foreclosed by the bank.
"We have two months before it is presented for public bidding," BPI president Xavier P. Loinaz said after the bank’s stockholders had their annual meeting yesterday.
The P5-billion foreclosed properties located in Metro Manila and Metro Cebu, form part of a basket of bad assets worth P15 billion held by the bank.
[DatePublished] => 2003-04-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 95844
[Title] => BPI sees 20% rise in income this year
[Summary] => The Bank of the Philippine Islands expects net income to grow or "do better than" 20 percent this year, bank president Xavier Loinaz said after yesterday’s annual stockholders meeting.
The country’s second largest commercial bank on a consolidated basis registered a net income of P3.05 billion last year, 34.6 percent lower than the P4.67-billion income of 1999.
Loinaz said net income for the first three months of this year was "substantially higher" than last year’s first quarter but did not give details.
[DatePublished] => 2001-04-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 99087
[Title] => BPI eyes RPN 9, Channel 13
[Summary] =>
The Bank of Philippine Islands (BPI) has expressed keen interest in bidding for
the two government-owned television networks in line with its effort to
intensify its online banking activities.
BPI sources told The STAR that the bank is planning to participate in
the sale of RPN-9 and Channel 13.
They said that after buying into Far East Bank and Trust Co.
[DatePublished] => 2000-05-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 99074
[Title] => BPI net income to soften this year
[Summary] =>
The Bank of the Philippine Islands (BPI) expects earnings growth to continue to
slow down this year because of the cost of integrating Far East Bank &
Trust Co. into its operation, BPI president Xavier Loinaz said yesterday.
"Earnings growth is not going to be aggressive. Redundance are going to cost
us. Next year, things will stabilize but this year's prospects are more of
integration and consolidation," he told newsmen after the annual stockholders'
meeting.
[DatePublished] => 2000-05-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1197311
[AuthorName] => by Jun Ebias
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 99029
[Title] => BPI launches new service
[Summary] =>
The Bank of the Philippine Islands, a leader in consumer and electronic
banking, breaks new ground with the opening of the country's first direct bank
-- the BPI Direct.
With BPI Direct, customers are provided a wide range of banking transactions
and services anytime and anywhere, in a faster, more consistent and more cost
efficient manner. Online financial products and services offered include:
deposit products, loan applications, and bills payment.
[DatePublished] => 2000-05-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 101389
[Title] => BPI, FEBTC stockholders OK merger
[Summary] =>
The majority stockholders of the Bank of Philippine Islands (BPI) and Far East
Bank and Trust Co. (FEBTC) approved yesterday the merger of the two banks,
making the combined entity the 10th largest financial institution in the region
with over $3.5 billion in capital.
The merger catapulted BPI/FEBTC as the country's largest bank, accounting for
14 percent of the entire banking industry's total resources with combined
assets of P372.4 billion.
[DatePublished] => 2000-01-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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