^
+ Follow NORBERTO NAZARENO Tag
NORBERTO NAZARENO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 212001
                    [Title] => PNB board reports to stockholders
                    [Summary] => There was only one change in the board of  Philippine National Bank. During the bank’s annual stockholders meeting presided by chairman Francisco Dizon,  former Philippine Deposit Insurance Corp. president Norberto Nazareno was replaced by the current PDIC president, Ricardo Tan.

[DatePublished] => 2003-06-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [1] => Array ( [ArticleID] => 207889 [Title] => No plan to replace Dizon as PNB president — Camacho [Summary] => Despite persistent rumors, the Arroyo administration said it has no intentions of replacing Francisco Dizon as one of its nominees to the Philippine National Bank (PNB) board of directors.

In a telephone interview, Finance Secretary Jose Isidro Camacho said there were no plans to nominate a replacement for Dizon and the only change in the government slate was the nomination of Ricardo Tan, president of the Philippine Deposit Insurance Co. (PDIC).
[DatePublished] => 2003-05-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 175024 [Title] => PDIC head appeals Ombudsman’s suspension order [Summary] => The head of the Philippine Deposit Insurance Corp. (PDIC) has asked the Office of the Ombudsman to reverse an administrative order suspending him for simply posing no objection to a "perfected contract" between two government agencies.

PDIC president Norberto Nazareno said that even if he posed an objection, the outcome would have been the same.
[DatePublished] => 2002-09-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [3] => Array ( [ArticleID] => 174903 [Title] => Nazareno asks Ombudsman to reverse suspension order [Summary] => The head of the Philippine Deposit Insurance Corp. has asked the Office of the Ombudsman to reverse an administrative order suspending him for simply posing no objection to a "perfected contract" between two government agencies.

PDIC president Norberto Nazareno said that even if he posed an objection, the outcome would have been the same.
[DatePublished] => 2002-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 173748 [Title] => Lucio Tan rules out merger between PNB, Allied Bank [Summary] => Lucio Tan has ruled out the possibility of a merger between Allied Banking Corp. and the Philippine National Bank, hinting that he was more inclined to sell rather than go through the tedious process of merging two banks.

In an interview with reporters, the usually elusive Tan said bank mergers were complicated, tedious and often expensive.
[DatePublished] => 2002-08-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 172357 [Title] => SEC okays quasi-reorganization of PNB [Summary] => The Securities and Exchange Commission (SEC) has approved the quasi-reorganization of Philippine National Bank which involves a decrease in its authorized capital stock and a reduction in the par value of its shares.

Based on documents filed with the SEC, PNB reduced the par value of its shares from P60 to P40 apiece, thereby decreasing its authorized capital from P50 billion to P33.33 billion. Then it raised its capital to P50 billion consisting of 1.05 billion common shares and 195.17 million preferred shares, to reflect the new par value of its shares.
[DatePublished] => 2002-08-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 170047 [Title] => The big picture [Summary] => Largely because bankers handle other people’s money, it stands to reason that bankers are equally adept at handling their own personal finances. The processes involved in saving, borrowing and investing are similar although the scale is much smaller when it comes to wisely managing one’s own money.

"We were given responsibility and authority at a very early stage," said Bangko Sentral Governor Rafael Buenaventura, the country’s highest-ranking alumni of Citibank NA.
[DatePublished] => 2002-07-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey  [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [7] => Array ( [ArticleID] => 158503 [Title] => Government, Tan set to sign MOA on PNB rehab [Summary] => The government and beer and tobacco magnate Lucio Tan are prepared to sign the memorandum of agreement (MOA) for the rehabilitation of the Philippine National Bank (PNB) but last-minute snags are threatening to block the final agreement that would detail the so-called "reverse privatization" of the bank.

According to Philippine Deposit Insurance Corp. (PDIC) president Norberto Nazareno, both the government and the Tan group are prepared to sign the MOA tomorrow.
[DatePublished] => 2002-04-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 157684 [Title] => Government to unload PNB stake 3 yrs after rehab [Summary] => The National Government (NG) is planning to unload its shares in the Philippine National Bank (PNB) three years after the implementation of the bank’s rehabilitation program, Philippine Deposit Insurance Corp. (PDIC) president Norberto Nazareno told a Senate committee hearing yesterday.

"As soon as possible would be better, but we feel that the share price will be attractive once PNB management shapes up its financial position," Nazareno said.
[DatePublished] => 2002-04-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 149776 [Title] => Signing of MOA on PNB deferred anew [Summary] => The much-awaited signing of the memorandum of agreement (MOA) between the government and the group of businessman Lucio Tan for the financial rehabilitation of debt-strapped Philippine National Bank (PNB) this week has been deferred again.

Government is still trying to secure Malacañang approval and is also awaiting the legal opinion of the Department of Justice (DOJ) before it signs the MOA.
[DatePublished] => 2002-02-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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