PH banks bullish but cautious about investing in Asean market

Victor Anthony V. Silva 04/06/2017

  LAPU-LAPU CITY, Cebu–While banking players in the Philippines have long considered investing or expanding in the Asean market, many, if not all, do not see significantly going in that direction yet. This was in spite of…

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…

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,…

BDO Cebu City branches on status quo until March 6

Jose Santino S. Bunachita 02/15/2017

The Regional Trial Court (RTC) Branch 18 Judge Gilbert Moises orders status quo on the operation of Banco De Oro (BDO) branches in Cebu City until March 6. The decision was made after a closed door meeting…

‘If it’s smooth, it’s fake’

Victor Anthony V. Silva 01/21/2017

The Bangko Sentral ng Pilipinas (BSP) has constantly reminded the public to be vigilant on the proliferation of counterfeit money. Lawyer Leonides Sumbi, BSP Cebu regional director, said the public should be very careful, especially in dealing…

Osmeña files ‘tax fraud’ complaint vs BDO-Magallanes

Izobelle T. Pulgo, Nestle L. Semilla, Victor Anthony V. Silva 01/04/2017

Cebu City Mayor Tomas Osmeña has lodged a complaint before the Office of the City Prosecutor against the Magallanes branch of Banco de Oro (BDO) for alleged tax fraud after the branch declared a gross annual revenue…

Tumulak holds banks accountable, Bankers’ Club assures victims of help

Ador Vincent S. Mayol, Inna Mejia 11/21/2016

Following a string of unauthorized automated teller machine (ATM) withdrawals in Cebu by still unidentified scam artists, a member of the Cebu City Council, who was himself a victim, is now drafting a law that will require…

Cebu City dad to pass measure to help prevent ATM scams

Inna Mejia 11/21/2016

A Cebu City Councilor, who was one of the victims of recent automated teller machine (ATM) scam, plans to pass a legislative measure at the Cebu City Council to help prevent this kind of scam from happening…

No need for alarm; public urged to be vigilant

Vanessa Claire Lucero 11/04/2015

BANKS are working closely with the police to make sure that local accounts are not hacked by a suspected international card fraud syndicate operating in Cebu, an official said. Cebu Bankers’ Club president Maximo Rey Eleccion said…

10 Important Housing Loan Basics

Invictus Paradela 09/09/2014

Very few of us are fortunate enough to buy our desired property on a cash basis. Most will inevitably have to deal with a lending institution like a bank, PAGIBIG, GSIS, or a coop. Here are some…

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