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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…
A MAN was arrested after he robbed a nurse of her cellular phones and cash in front of BDO branch on Osmeña Boulevard, Barangay Capitol Site, Cebu City at around 8:45 p.m. on Friday. Jeny Candelasa Mata,…
These past few days were quite busy for BDO’s Magallanes branch, which secured a 30-day restraining order from the court to stop the closure order issued by City Hall for violations cited by Cebu City Mayor Tomas…
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…
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…
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…
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…
Many are wondering why our mayor of Cebu City is after BDO and SM when in fact these corporations are major investors in Cebu. The mayor accused them of violating some laws and even threatened them…
bank takes precautionary actions BDO Unibank has made the necessary arrangements for its clients in Cebu City to be serviced in alternative locations just in case the threat to close its branches here pushes through. In a…
CEBU CITY–BDO Unibank has apologized for the “inconvenience” the recent threat of branch closures in Cebu City has created. In a statement on Monday, the bank said this was a local issue and had no bearing whatsoever…
DEPOSITORS of Banco de Oro (BDO) along Magallanes Street in Cebu City can still conduct business in the bank for as long as it remains open. Cebu City Mayor Tomas Osmeña said that he did not have…
To be sure, Cebu City Mayor Tomas Osmeña’s crackdown on institutions he suspects have skipped on paying taxes to the city isn’t a new thing especially to those familiar with his decades-long rule. There is that tax…
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