+ Follow SOLID BANK Tag
SOLID BANK
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 323961
[Title] => Seguridad ng GSIS-SSS shares sa EPCIB nasa kamay ni Cora dela Paz
[Summary] => MILYUN-MILYONG kawani na kasapi ng GSIS at SSS ang nangangamba sa pagsasanib ng Equitable PCI Bank (EPCIB) at Banco de Oro (BDO). At di naman natin sila masisisi. Natalakay ko nga kamakailan na kung may malaking banko man na bibili ng sosyo sa EPCIB, hindi ito dapat maging "baratilyo sale" dahil maaapektuhan ang mga maliliit na kawani sa gobyerno at pribadong sektor na kasosyo rin.
[DatePublished] => 2006-03-02 00:00:00
[ColumnID] => 133395
[Focus] => 0
[AuthorID] => 1804793
[AuthorName] => Al G. Pedroche
[SectionName] => PSN Opinyon
[SectionUrl] => opinyon
[URL] =>
)
[1] => Array
(
[ArticleID] => 218640
[Title] => John Hancock Life expands distribution network
[Summary] => John Hancock Life Insurance Corp. will continue to explore areas of cooperation with Citibank as well as other financial institutions in its bid to develop and practice banc-assurance as well as expand its distribution network in the Philippine market.
It presently has a "business partnership" with Citibank through a single insurance product known as CreditShield. The insurance product pays the outstanding balance of the credit card or the minimum monthly amount due if a cardholder dies or disabled.
[DatePublished] => 2003-08-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
(
[ArticleID] => 95897
[Title] => Metrobank net profit down 50%
[Summary] => Metropolitan Bank and Trust Co. (Metrobank) reported yesterday its net income in the first three months of the year plunged by 50 percent to P400 million from P800 million in the same period last year due to thinning spreads and the drag from non-performing loans (NPLs).
Bank chief finance officer Alfredo Javellana said the bank set aside provisions for loan losses at P200 million, with provisions likely to total P1 to P1.5 billion by year end.
[DatePublished] => 2001-04-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 96683
[Title] => Banks’ bad loans seen rising to 18% in 2001
[Summary] => The level of non-performing loans (NPLs) issued by Philippine commercial banks will rise from an estimated 16.5 percent at the end of 2000 to 18 percent in 2001, global investment and research institution Lehman Brothers said in a report.
According to Lehman Bros., an expected downturn in industrial production and negative business sentiments would be the major factors affecting the rise in NPLs coupled with a decline in confidence from the foreign and domestic investors.
[DatePublished] => 2001-01-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 98073
[Title] => Bank mergers cause massive retrenchments
[Summary] => The Department of Labor and Employment (DOLE) expressed alarm yesterday over massive retrenchments resulting from bank mergers for the first nine months of the year.
Labor Secretary Bienvenido Laguesma said that from January to September, the banking sector has recorded a total layoff of 4,729 workers, the highest so far in the industry.
Among the banks that have merged with other financial institutions were Solid Bank, Equitable PCI Bank, and Rizal Banking Corp. Solid Bank alone accounted for 1,924 retrenched workers.
[DatePublished] => 2000-12-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097338
[AuthorName] => Mayen Jaymalin
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 98690
[Title] => Metrobank to sell 20% stake in JHICP
[Summary] => The Metropolitan Bank and Trust Co. (Metrobank) Group is selling its 20-percent stake in John Hancock Insurance Corp. of the Philippines (JHICP) to its mother firm, US-based John Hancock Life Insurance Co.
"They (John Hancock of US) are the most likely buyer," Metrobank executive vice president Alfredo Javellana II told The STAR.
According to Javellana, the group is required to dispose of their stake in JHICP since they already have an insurance arm, Philippine Axa Life.
[DatePublished] => 2000-10-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 99056
[Title] => Metrobank drops bid to acquire 76% of PNB
[Summary] =>
Metropolitan Bank & Trust Co. (Metrobank) is no longer interested in the
combined 76 percent stake of the government and Lucio Tan in Philippine
National Bank (PNB) having regained the top slot in the industry after
acquiring majority shares in Solid Bank last week, a ranking official of the
bank told The STAR over the weekend.
"Before, there was some interest (in PNB).
[DatePublished] => 2000-05-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1197311
[AuthorName] => by Jun Ebias
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 98995
[Title] => Metrobank completes Solidbank deal
[Summary] =>
Metropolitan Bank & Trust Co. (Metrobank) shelled out yesterday P3.9
billion in cash as payment for the 40 percent stake of Bank of Nova Scotia
(Scotiabank) in Solid Bank, bank officials said.
The transaction completed Metrobank's bid to acquire 91 percent of Solid Bank
and effect a merger between the two institutions.
[DatePublished] => 2000-05-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1197311
[AuthorName] => by Jun Ebias
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 98965
[Title] => Metrobank to pay Scotiabank tomorrow
[Summary] =>
Metropolitan Bank & Trust Co. (Metrobank) firms up its acquisition of some
40 percent of Bank of Nova Scotia's (Scotiabank) stake in Solid Bank as it is
set to pay over P1.8 billion in cash to the Canadian bank tomorrow, May 10, a
ranking bank official told The STAR yesterday.
"We are paying Bank of Nova Scotia around P1.8 billion by Wednesday for the
acquisition of its 40 percent stake in Solid Bank. We are supposed to close the
deal on May 10," the official said.
The bank, controlled by the family of George S.K.
[DatePublished] => 2000-05-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1197311
[AuthorName] => by Jun Ebias
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
August 26, 2003 - 12:00am
October 30, 2000 - 12:00am
