Article: SPV Law extension mired in Senate.(Business)

Article: DoF supports SPV Law extension.(Business)
Manila Bulletin;  May 18, 2005 ;     700+ words ... ... to remind banks that the SPV law, which expired last April ... of bad assets under the SPV Act of 2002. In a report ending ... 2 billion through the SPV law. The BSP target is P100 billion. The SPV Act is intended to help banks ...

Article: BSP pushes for SPV Law extension.(Business)
Manila Bulletin;  January 15, 2006 ;     700+ words ... ... incentives allowed under the SPV law, which expired last April ... SPVs as of last tally. The SPV law was enacted in 2002 to help ... profits or earnings. The SPV law extension is contained in ... be deliberated on. The SPV Act is intended to help banks ...

Article: BSP bats for SPV Law extension.(Business)
Manila Bulletin;  December 29, 2005 ;     700+ words ... ... incentives allowed under the SPV law, which expired last April ... the official said. The SPV law was enacted in 2002 to help ... profits or earnings. The SPV law extension is contained in ... another two years. The SPV Act is intended to help banks ...

Article: DoF backs SPV Law extension with social ...
Manila Bulletin;  February 21, 2006 ;     700+ words ... ... would like to have that extended (SPV Law)a[bar] even with the tax exemptions ... respond similarly," said Teves. The SPV Act is intended to help banks dispose ... Tetangco Jr. said extending the SPV Law will ensure financial stability and ...

Article: BAP urges Congress to pass bill to extend SPV ...
Manila Bulletin;  May 1, 2005 ;     700+ words ... ... told reporters. In Congress, the SPV law extension or House Bills 2311 and ... The BSP target is P100 billion. The SPV Act is intended to help banks dispose ... them eligible to acquire NPAs. The SPV law was enacted in 2002 to help banks ...

Article: Thrift banks back SPV Law extension.(Business)
Manila Bulletin;  January 17, 2006 ;     700+ words ... ... discount under Special Purpose Vehicle (SPV) law. In an interview with reporters ... of cleaning up their books through SPV law. "The cascading of technology takes time. With the extension of the SPV law, thrift banks will be able to go ...

Article: SPV Law attracted investors in NPLs.(Business)
Manila Bulletin;  November 28, 2005 ;     700+ words ... ... success of the Special Purpose Vehicle (SPV) Law clearly indicate investorsa interest in the countryas real estate market. The SPV law, which was promulgated in 2002, seeks ... assets worth as much as P600 billion, the SPV law also creates a framework that would encourage ...