Background Information on China Trust in case you want to purchase one of their Acquired Assets Chinatrust (Philippines) Commercial Bank Corporation is a subsidiary of Chinatrust Commercial Bank (CTCB), one of the 200 biggest banks in the world in terms of capital and the most awarded banking institution in Taiwan. Its asset size is over […]
Background: BDO
Background Information on BDO in case you want to purchase one of their Acquired Assets The product of a merger heralded as unprecedented in size and scale in the Philippine banking industry, Banco De Oro Unibank (BDO) today represents a firm consolidation of distinct strengths and advantages built over the years by the entities behind […]
Background: Bank of Commerce
Background Information on Bank of Commerce in case you want to purchase one of their Acquired Assets Bank of Commerce is one of the Philippines’ progressive commercial banks. It has been in operations since 1991. The Bank offers a wide range of banking and other financial products and services, including traditional deposit products, corporate banking, […]
Background: China Bank
Background Information on China Bank in case you want to purchase one of their Acquired Assets China Banking Corporation (or China Bank) is the first privately-owned local commercial bank in the Philippines. It was incorporated on July 20, 1920 and started its operations on August 16, 1920. China Bank went public on December 1, 1965. […]
Allied Bank – Frequently Asked Questions
What does ROPOA stands for? ROPOA stands for Real and Other Properties Owned or Acquired. What is Asset Group? Asset Group is responsible for managing the Bank’s diverse portfolio of real properties. Who Can Purchase Real Properties? 1. Filipino Citizens 2. Corporations organized in the Philippines (60% of which must be Filipino-owned) 3. Foreigners who […]
Background: Luzon Development Bank
Background Information on Luzon Development Bank in case you want to purchase one of their Acquired Assets A group of people from the provinces of Laguna & Batangas, desirous to promote country-side banking in Laguna, organized the Laguna Development Bank on May 8, 1961. LDB began operations with nine employees and a paid-up capital of […]
Luzon Development Bank Acquired Assets – Metro Manila
Luzon Development Bank Acquired Assets – LUZON GREATER MANILA AREA (MUNTINLUPA, LAS PIÑAS, PARAÑAQUE, MAKATI, GREENHILLS,, MANILA, QUEZON CITY, RIZAL PROVINCE, GMA. ETC) CONTROL PROPERTY DESCRIPTION Indicative Price PARAÑAQUE BAC-01 102 m2 (2 parcels) res lot w/ bldg. located at Airport view, Parañaque, M.M. 1,095,500.00 MC-01 180m2 res. Lot/res bldg. Located at 6416 Peter St., […]
Luzon Development Bank Acquired Assets – Luzon
Luzon Development Bank Acquired Assets – LUZON LAGUNA SOUTH (CALAMBA, CANLUBANG ,LOS BAÑOS, BAY, CALAUAN, VICTORIA, ALAMINOS, SAN PABLO CITY, PILA, LILIW, PAGSANJAN, LAGUNA. CONTROL PROPERTY DESCRIPTION Indicative Price CALAMBA CAL-01 200 m2 res lot located at Brgy. Lecheria,Calamba, Laguna 160,000.00 CAL-03 378 res lot located at Brgy. Looc, Calamba, Laguna 725,600.00 CAB-02 166 m2 […]
How do you buy foreclosed properties in the Philippines?
The most popular way to buy foreclosed properties in the Philippines would be through banks. These are commonly referred to as bank acquired assets. You can submit a purchase proposal – and win through first come first serve basis – which means your bid comes first and is satisfactory, then you win. On the other […]
Buying foreclosed homes? Choose carefully.
This article surfaced in 2008 from the ABS-CBN website: Whether it’s investors looking to buy cheap and sell for profit, or families who want to bring their renting days to an end, foreclosed homes have a sure market. In the last couple of years, foreclosed properties being sold by banks have been gaining popularity on […]