In a letter dated March 13 2018 to Philippine Stock Exchange President and Chief Executive Office Ramon Monzon, Alex Buenaventura, Land Bank
president and chief executive said the state-owned lender is interested to acquire Singapore Exchange's 20 percent stake in PDSHC at P360 per share.
Small Land Bank
Constrains Ratings: Xinyuan's total sellable gross floor area increased to 2.
44 directing state-owned Land Bank
of the Philippines (LBP) to acquire the Philippine Postal Bank and convert it to the OFBank.
The plan to take over Postal Savings Bank was suggested after an oversight body on government corporations abandoned a plan by the previous administration to merge the Land Bank
with another state-run lender, the Development Bank of the Philippines
Under the EO, the Philippine Postal Corporation - which owns the Postbank - and the Bureau of Treasury were ordered to transfer their Postbank shares to Land Bank
at zero value.
The company said it was seeing "continued success in securing planning consent for the Group's strategic land bank
with 3,308 plots converted in the period" and it had secured 9,319 plots of new land to take its land bank
to 98,712 plots.
Banking institution, Trust Division F/1616 or Fibra Inn (BMV: FINN13) (OTC: DFBRY) has purchased a land bank
in the immediate area of the Monterrey Airport that will be used to develop, via third-party investors, a Marriott hotel under the Strategic Hotel acquisition pipeline structure, the company said.
The plots, located on the eastern and western sides of Sheikh Zayed road at the Safa Park intersection and in close proximity to the Dubai Canal, will add 371,612 sqm in to the company's land bank
GSO and Hovnanian have also entered into a non-binding letter of intent to land bank
a portfolio of assets totaling approximately $95 million of land acquisition and future development costs with the expectation to close prior to December 31, 2015.
According to a person who asked not to be identified because of his current position, who worked on the Nebraska legislation that created the land bank
, told Mortgage Banking that board membership on the Omaha Land Bank
requires the member to "have experience in a variety of financial sectors.
BANKING AND CREDIT NEWS-September 23, 2015-FirstMerit Bank, Detroit Land Bank
partner on homebuyers down payment assistance program
NTC's housing department does not have even a small land bank