Government employees victims of unauthorized withdrawals

Michelle Joy L. Padayhag 03/14/2017

Money intended for the advance enrollment for her two elementary school children was gone from her Land Bank of the Philippines (LBP) account. But Rosalie Baguio said she never withdrew the amount. Baguio, accountant II of the…

BSP urges use of EVM cards vice ATM cards

Victor Anthony V. Silva 03/14/2017

REPLACE depositors’ ATM cards with EMV cards. This call was made by the Bangko Sentral ng Pilipinas (BSP) as it reiterated its call for banks to put in place additional security measures for the automated teller machines…

Can the marginalized sector address PH’s financial gaps?

Victor Anthony V. Silva 03/14/2017

BSP: Creating bank accounts for conditional cash transfer program beneficiaries may be it The Bangko Sentral ng Pilipinas (BSP) sees the potential of tapping the unbanked members of the country’s marginalized sector in a bid to strengthen…

Cebu Bankers Club president says ATM ‘skimming’ incidents still for verification

Victor Anthony V. Silva 03/14/2017

The Cebu Bankers Club (CBC) issued an advisory to the banking public amid reports of suspected skimming incidents on Land Bank of the Philippines (LBP) automated teller machines (ATM) in Cebu City over the weekend. Eugene Rigodon,…

GM Torre leads PH team in HD Bank chess

Raandolf Orces 03/13/2017

AFTER being absent from the 2017 Asia Zonal 3.3, Eugene Torre, Asia’s first chess grandmaster, banners a crack Philippine Team to the HDBank Cup International Chess Open from March 11-18 in Ho Chi Minh City, Vietnam. The…

Capitol’s P227M equipment procurement project hits another snag

Izobelle T. Pulgo 03/01/2017

After taking two years to proceed with the procurement of P227-million worth of light and heavy equipment that will be used for road repairs and maintenance in the province, the project has yet met another delay —…

Pointed threats

Editorial 02/16/2017

He may have the evidence to justify the closure of BDO’s Magallanes branch but exactly how far is Cebu City Mayor Tomas Osmeña willing to take his feud with SM, Ayala and Filinvest? The court’s restraining order…

Court extends TRO vs Osmeña; encourages amicable settlement

Jose Santino S. Bunachita 02/15/2017

The Regional Trial Court yesterday extended the Temporary Restraining Order (TRO) it granted to Banco de Oro (BDO) Unibank and ordered a Status Quo Ante to afford BDO and the Cebu City government a chance to come…

BDO GRANTED TRO

Inna Mejia, Jose Santino S. Bunachita, Victor Anthony V. Silva 02/14/2017

Court stops Osmeña from closing Banco de Oro and issuing statements on the matter The Regional Trial Court issued a 72-hour Temporary Restraining Order (TRO) preventing Cebu City Mayor Tomas Osmeña from closing the Magallanes Branch of…

BIR to ease tax registration process, attract underground economy in CV

Victor Anthony V. Silva 02/09/2017

A different approach in tax administration was seen by the Bureau of Internal Revenue in Central Visayas (BIR-13) as the “trick” to attain its collection goals this year. Newly appointed BIR-13 chief Alfredo Misajon voiced his optimism…

Robinsons Bank greets the Year of the Rooster

PR 02/06/2017

ROBINSONS Bank greets the Year of the Rooster with excitement as it continues to expand its branch network. Robinsons Bank starts the year off with 124 operating units, with plans to open 25 more in key locations…

Tom to investigate business permit applications himself

Inna Mejia 01/07/2017

Cebu City Mayor Tomas Osmeña is personally reviewing the business permit applications of three banks in Cebu City as he ordered the City Treasurer’s Office (CTO) not to process their renewals. He said East West Bank, Bank…

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