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                    [ArticleID] => 326702
                    [Title] => iBank income up 53% to P800M in ’05
                    [Summary] => International Exchange Bank (iBank) has recorded a preliminary net income of P800 million in 2005 after converting to the new accounting standards set by the Bangko Sentral ng Pilipinas (BSP), a top bank official said.


The figure represents a growth of nearly 53 percent from the P523 million net income (adjusted to the new accounting standards) registered in 2004. 


i-Bank executive vice president and chief finance officer Antonio Moncupa said the medium-sized commercial bank also wants to push resources up to P100 billion by next year.


                    [DatePublished] => 2006-03-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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MULTINATIONAL INVESTMENT BANCORPORATION AND UNICAPITAL INC

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                    [ArticleID] => 326702
                    [Title] => iBank income up 53% to P800M in ’05
                    [Summary] => International Exchange Bank (iBank) has recorded a preliminary net income of P800 million in 2005 after converting to the new accounting standards set by the Bangko Sentral ng Pilipinas (BSP), a top bank official said.


The figure represents a growth of nearly 53 percent from the P523 million net income (adjusted to the new accounting standards) registered in 2004. 


i-Bank executive vice president and chief finance officer Antonio Moncupa said the medium-sized commercial bank also wants to push resources up to P100 billion by next year.


                    [DatePublished] => 2006-03-17 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
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abtest

iBank income up 53% to P800M in ’05

By Ted P. Torres | March 17, 2006 - 12:00am

International Exchange Bank (iBank) has recorded a preliminary net income of P800 million in 2005 after converting to the new accounting standards set by the Bangko Sentral ng Pilipinas (BSP), a top bank official...

Business