DARP Philippine Asset Growth One
Sector: Commercial • Location: Philippines
Source: International Finance Corporation (IFC)
The proposal is to invest equity and debt, along with strategic partners, to create a platform to acquire and service a distressed asset (“DA”) portfolio of Rizal Commercial Banking Corporation (“RCBC”), the 5th largest bank in the Philippines in terms of asset size.Through the proposed project, IFC will play a critical role to (i) help re-activate the DA market in the Philippines; (ii) mobilize f
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposal is to invest equity and debt, along with strategic partners, to create a platform to acquire and service a distressed asset (“DA”) portfolio of Rizal Commercial Banking Corporation (“RCBC”), the 5th largest bank in the Philippines in terms of asset size.Through the proposed project, IFC will play a critical role to (i) help re-activate the DA market in the Philippines; (ii) mobilize funding from the private sector, helping address the limited capital currently available in the current local NPL market; and (iii) provide a major bank with an attractive mechanism for NPL resolution. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |