Quantcast
Home » bank You are browsing entries tagged with “bank”

Club assures BDO depositors: Bank’s case vs Cebu City won’t affect operations

By:

The Cebu Bankers Club (CBC) has assured depositors of BDO Unibank Inc. that the day-to-day operations of the bank will not be affected by recent developments involving the institution and the Cebu City government. In a statement, CBC said all banks have business continuity plans to provide contingencies on external issues that could affect its […]

Posted: April 10th, 2017 in Breaking | Read More »

Osmeña not giving up on fight

By: ,

Cebu City Mayor Tomas Osmeña’s battle with BDO Unibank, Inc., is far from over, and he is ready to take the matter all the way up to the Supreme Court or even the President if need be. In a Facebook (FB) post on Thursday, Osmeña said that the court order which prohibits City Hall from […]

Posted: March 30th, 2017 in Headlines | Read More »

Court stops Osmeña from closing BDO branches in Cebu

By:

A Cebu Regional Trial Court (RTC) has prohibited Cebu City Mayor Tomas Osmeña from closing any BDO branch in the city. Judge Gilbert Moises of Branch 18 of the RTC in Cebu City also directed Osmeña to refrain from issuing any statement to the media against the bank. “With this Injunction Order, BDO looks forward […]

Posted: March 29th, 2017 in Headlines | Read More »

The right to water

By:

Starting one’s day without water coming out of the faucet is not just inconvenient, it is a reminder of the worrisome water crisis we face. Cebu has long been tagged as having severe water challenges, but it is an issue which is, more often than not, conveniently disregarded — that is, until the next water […]

Posted: March 26th, 2017 in Opinion | Read More »

Retired Judge Paredes gets P100K back from LandBank

By:

ABOUT a week after he lost P100,000 in unauthorized automated teller machine (ATM) withdrawals, retired Judge Meinrado Paredes got the full amount back from the Land Bank of the Philippines-Capitol Branch. The amount, he said, was fully restored at 10 a.m. today (Wednesday). “I thank Land Bank-Capitol Branch for the quick restoration of my money. […]

Posted: March 22nd, 2017 in Headlines | Read More »

Tomas O. tells BDO branch: Explain

By:

After Banco De Oro’s Magallanes branch, Cebu City Mayor Tomas Osmeña issued another show cause notice against BDO; but this time, it is the bank’s Cebu Osmeña branch. Osmeña provided the media with copies of the notice during a press briefing yesterday. The notice asked Pilarina M. Del Rio, manager of the bank, to explain […]

Posted: March 22nd, 2017 in Enterprise | Read More »

Protection from skimmers

By:

While the three Romanians accused of skimming the ATM accounts of depositors and government employees at the Land Bank of the Philippines (Landbank) Metro Cebu branches languish in jail, it’s time for the local banking community to take stock of what occurred and set up more stringent measures to protect their clients. In this instance, […]

Posted: March 22nd, 2017 in Opinion | Read More »

Landbank starts refunding depositors who fell victim to ATM skimming

By:

About a week after he lost P100,000 in unauthorized automated teller machine (ATM) withdrawals, retired Judge Meinrado Paredes got the full amount back from the Landbank of the Philippines-Capitol Branch. The amount, he said was fully restored at 10 a.m. today. “I thank Landbank Capitol Branch for the quick restoration of my money. The Capitol […]

Posted: March 22nd, 2017 in Breaking | Read More »

No deal reached in BDO-Cebu City govt. talks

By:

The legal teams of Banco de Oro (BDO) and the Cebu City government failed to reach an agreement during a court chamber conference hearing on Tuesday. This means that the court mandated status quo order, which prevents the Cebu City government from taking action against BDO, will stay until March 28. Lawyer Alvin Go, representing […]

Posted: March 21st, 2017 in Enterprise | Read More »

Charges elevated to court

By:

The three Romanians tagged in the series of unauthorized ATM withdrawals in the Metro Cebu branches of the Land Bank of the Philippines waived their right to a preliminary investigation at the Cebu City Prosecutor’s Office yesterday. “So we will be evaluating all evidences at hand submitted by all complainants, and if probable cause exists, […]

Posted: March 21st, 2017 in Headlines | Read More »