LOINAZ AND ESPIRITU

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                    [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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abtest

BPI, FEBTC stockholders OK merger

By Donnabelle L. Gatdula | January 21, 2000 - 12:00am

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...

Business