^
+ Follow STRENGTHENING PROGRAM Tag
STRENGTHENING PROGRAM
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1546210
                    [Title] => BSP pushes more rural bank mergers
                    [Summary] => 

The Bangko Sentral ng Pilipinas (BSP) is planning to consolidate its incentives programs to entice mergers among smaller banks.

[DatePublished] => 2016-01-25 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20150703/Nestor-Espenilla-3.jpg ) [1] => Array ( [ArticleID] => 1528308 [Title] => Smaller banks remain well-capitalized, says BSP [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) reported yesterday the capital position of the country’s thrift, rural, and cooperative banks remained healthy amid the exit of weak players.

[DatePublished] => 2015-12-02 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1407956 [Title] => Incentive plan for RB white knights extended [Summary] =>

A program which dangles incentives to investors eyeing to rescue problematic rural and thrift banks has been extended by the Bangko Sentral ng Pilipinas (BSP) and the Philippine Deposit Insurance Corp. (PDIC) for another year.

[DatePublished] => 2014-12-31 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 1341695 [Title] => BSP processing consolidation of 15 small banks [Summary] =>

Fifteen small banks are set to merge and consolidate as of end-June this year.

[DatePublished] => 2014-07-03 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 1336727 [Title] => Yao’s Phl Business Bank to acquire Cavite rural bank [Summary] =>

Philippine Business Bank Inc. (PBB), the banking unit of the Yao family, is set to acquire the Cavite-based Rural Bank of Kawit Inc. in line with its continued expansion.

[DatePublished] => 2014-06-20 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 1309587 [Title] => BSP expects more mergers among rural, co-op banks [Summary] =>

A number of rural and cooperative bank merger and consolidations is expected to occur this year, a Bangko Sentral ng Pilipinas official said.

[DatePublished] => 2014-04-07 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140407/rural-bank.jpg ) [6] => Array ( [ArticleID] => 1273935 [Title] => BSP expands investor list for ailing co-op banks [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has expanded the list of eligible investors that can inject capital to ailing cooperative banks under an incentive program of the central bank.

[DatePublished] => 2014-01-01 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 1149181 [Title] => BSP amends rules on foreign investments in rural banks [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has issued amendments to the implementing rules and regulations of the Rural Bank Act, which allows foreigners to invest in rural banks.

[DatePublished] => 2013-08-30 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1439008 [AuthorName] => Kathleen Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 834207 [Title] => Regulators okay new program to boost rural banking sector [Summary] =>

Regulators have approved an enhanced program meant to strengthen country-side banking, expanding its coverage to cover thrift banks and allowing larger universal and commercial banks to participate, a statement said yesterday.

[DatePublished] => 2012-08-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 831785 [Title] => RBAP backs entry of foreign capital in rural bank sector [Summary] =>

The new leadership of the Rural Bankers Association of the Philippines (RBAP) expressed support for the congressional initiative for the entry of foreign investors in the the rural banking industry.

[DatePublished] => 2012-07-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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