+ Follow URBANCORP INVESTMENTS INC Tag
URBANCORP INVESTMENTS INC
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 163374
[Title] => Export Industry Bank settles 1st-year repayment notes
[Summary] => Export and Industry Bank (EIB) is prepared to accelerate settlement of the first year repayment notes under the three-year liability servicing plant (LSP) of the Urban Bank Inc. (UBI) and Urbancorp Investments Inc. (UII) rehabilitation program due on Sept. 13, 2002.
UBI/UII’s rehabilitation is well on track, according to the Philippine Deposit Insurance Corp. (PDIC).
EIB advised the PDIC that it is contemplating to discount at prevailing market rates, the second year repayment notes due on September 2003.
[DatePublished] => 2002-06-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 159150
[Title] => Urban Bank execs face estafa charges
[Summary] => Top officials of the defunct Urban Bank and its affiliate, Urbancorp Investments Inc. are now neck-deep in the technicalities of the three estafa cases filed by banking authorities, leaving no room for the immediate resolution of the case.
Bangko Sentral ng Pilipinas (BSP) general counsel Juan de Zuniga said that the Makati Regional Trial Court still has to rule on the motion to quash filed by the respondents, holding up the entire proceedings.
[DatePublished] => 2002-04-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 149635
[Title] => SEC okays Export Bank, Urban Bank merger
[Summary] => The Securities and Exchange Commission (SEC) has approved the proposed merger between Export and Industry Bank (EIB) and debt-ridden Urban Bank Inc. (UBI) as well as its investment arm Urbancorp Investments Inc. (UII).
Designated as the white knight that could pluck the bank out of its financial rut, EIB will be merging with a new bank to be formed out of the merger between UBI and UII within six months of the opening of the new bank.
The merger will give the new entity a projected capital base in excess of P6 billion.
[DatePublished] => 2002-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 96005
[Title] => Urban Bank seeks 60-day extension of SEC debt relief order
[Summary] => Urban Bank and its investment arm Urbancorp Investments Inc. are seeking another 60-day extension of the debt relief order issued by the Securities and Exchange Commission (SEC) as negotiations for the planned takeover of the Export and Industry Bank group are still taking place.
If approved, it will be the sixth extension of the grace period that the SEC has granted to the troubled financing establishment. The last debt suspension order expired yesterday, May 8.
[DatePublished] => 2001-05-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1237712
[AuthorName] => Conrado Diaz Jr.
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 96355
[Title] => SEC extends Urban Bank debt relief order for fifth time
[Summary] => The Securities and Exchange Commission (SEC) has extended for the fifth time the effectivity of its debt relief order on Urban Bank and its investment arm, Urbancorp Investments Inc., to give the troubled financing establishment more breathing space to pursue its rehabilitation.
The new order lengthens the suspension period for debt payments of Urban Bank by another 60 days to May 8, 2001 following the lapse of the fourth extension yesterday.
[DatePublished] => 2001-03-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 98991
[Title] => SEC names Urbancorp receiver
[Summary] =>
The Securities and Exchange Commission (SEC) has appointed Corazon dela Paz as
interim receiver for Urbancorp Investments Inc.
As interim receiver, Dela Paz will manage the operations of Urbancorp and
ensure that the company's proposed rehabilitation plan is properly
implemented.
Dela Paz is the chairman and senior partner of accounting firm Joaquin Cunanan
and Co. which is affiliated with international accounting and auditing firm
Price Waterhouse.
[DatePublished] => 2000-05-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 98969
[Title] => SEC grants Urbancorp request for debt relief
[Summary] =>
The Securities and Exchange Commission (SEC) has granted the request of
Urbancorp Investments Inc., the collapsed investment house of Urban Bank, for a
60-day debt payment reprieve.
In its order, the SEC said the suspension of debt payments will keep
Urbancorp's creditors at bay which is needed for the investment house to get
its finances and remaining assets in order.
In another order, the SEC's brokers and exchange department withheld the
revocation of Urbancorp's license to op
[DatePublished] => 2000-05-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1704647
[AuthorName] => Rocel Felix
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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