Editorial 06/07/2017

ANXIOUS DEPOSITORS Loyal depositors of the Ayala-led Bank of the Philippine Islands were understandably alarmed and furious over a report on the bank’s statement that they were having an “internal data processing error” that caused discrepancies in…

Forum with depositors of shuttered bank set

Marites Villamor Ilano 02/08/2016

THE Philippine Deposit Insurance Corp. (PDIC) will hold a forum with the depositors and borrowers of the shuttered Lapu-Lapu Rural Bank, Inc. on February 12, Friday, at the Carcar City Complex, about 40 kilometers south of Cebu…

Depositors of closed bank may get paid this month

Vanessa Claire Lucero 02/03/2016

State-owned Philippine Deposit Insurance Corp. (PDIC) will start servicing the claims of depositors of the recently closed Lapu-Lapu Rural Bank, Inc. in the third week of this month. PDIC public information officer Nathanael A. Tumbokon said the…

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