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  2. Repossession - Wikipedia

    en.wikipedia.org/wiki/Repossession

    Repossession. Repossession, colloquially repo, is a "self-help" type of action in which the party having right of ownership of a property takes the property in question back from the party having right of possession without invoking court proceedings. The property may then be sold by either the financial institution or third party sellers.

  3. Metrobank (Philippines) - Wikipedia

    en.wikipedia.org/wiki/Metrobank_(Philippines)

    Metropolitan Bank & Trust Company (Metrobank) was established by a group of businessmen on September 5, 1962, at the Wellington Building in Binondo, Manila. In August 1963, the bank's first branch was established in Divisoria. Four years later, Metrobank opened its first provincial branch in Davao. In the early 1970s, Metrobank opened its first ...

  4. What To Do If Your Car Is Repossessed - AOL

    www.aol.com/car-repossessed-120051609.html

    If you owe $12,000 on the loan, for example, and the lender sells your repossessed car for $8,000, the $4,000 difference — as well as any associated fees and costs — are called the deficiency ...

  5. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    Most car dealerships do not pay cash for the vehicles they buy at auto auctions. They rely on inventory financing, a line of credit extended by a bank or other institution to acquire vehicles. This is known in industry parlance as floorplanning (floor planning) or simply "flooring" vehicle inventory.

  6. Is That Used Car for Sale Really a Repo or Government Surplus?

    www.aol.com/news/2011-03-30-is-that-used-car-for...

    Ads proclaiming "Government Vehicle Disposal" and "The Repo Joe Sale" are designed to steer buyers to special used car sales events under the pretense they're getting a special deal.

  7. List of largest banks in the Philippines - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_banks_in...

    Banco de Oro (BDO Unibank) 4,106,716.07. 2. Land Bank of the Philippines (LBP) 3,079,379.17. 3. Metropolitan Bank and Trust Company (Metrobank)

  8. Automotive industry in the Philippines - Wikipedia

    en.wikipedia.org/wiki/Automotive_industry_in_the...

    Production started in 1987, and again since 2019. The automotive industry in the Philippines is one of the largest in the Asia-Pacific region, with approximately 441.4 thousand vehicles sold in 2023. [ 1][ 2] Most of the vehicles sold and built in the Philippines are from foreign brands.

  9. United Coconut Planters Bank - Wikipedia

    en.wikipedia.org/wiki/United_Coconut_Planters_Bank

    The United Coconut Planters Bank, more popularly known by its initials, UCPB, or by its old name, Cocobank, was a government-owned bank and was one of the largest banks in the Philippines, having ranked within the top twenty banks in the country in terms of assets. It was the only existing universal bank not listed on the Philippine Stock Exchange.