Cebu City mulls taking P5-B LBP loan offer

Delta Dyrecka Letigio 01/27/2021

CEBU CITY, Philippines — Cebu City may take the P5 billion loan offer of the LandBank of the Philippines if the local finance committee finds no problems in doing so. Mayor Edgardo Labella said that the LBP…

Cebu City offered P5B loan by LandBank

Delta Dyrecka Letigio 01/21/2021

Cebu City Councilor Raymond Alvin Garcia. | CDN Digital file photo CEBU CITY, Philippines — The Cebu City Council is reviewing an offer by the Land Bank of the Philippines (LBP) for a P5 billion standby loan.…

Gwen asks banks to extend loan terms for jeepney operators, drivers

Rosalie O. Abatayo 07/20/2020

CEBU CITY, Philippines — Cebu Governor Gwendolyn Garcia has appealed to government banks anew to extend the payment term of the loans of public utility jeepney (PUJ) operators for the modernization of their fleet amid the economic…

Land Bank of the Philippines warns cardholders of ‘account lock’ scam

Delta Dyrecka Letigio 07/25/2019

CEBU CITY, Philippines—The Land Bank of the Philippines (LBP) is warning its cardholders of an electronic mail (e-mail) being sent to its clients asking for personal information. In a memorandum sent to government agencies, the LBP said…

Court allows 3 Romanians in ATM fraud to post bail

Jessa Mae Sotto 10/03/2018

THE court has allowed the three Romanian nationals who were arrested for their alleged involvement in automated teller machines (ATM) fraud in Cebu to post bail. Judge Ramon Daomilas of the Regional Trial Court in Cebu City…

Retired Judge Paredes gets P100K back from LandBank

Ador Vincent S. Mayol 03/22/2017

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…

Charges elevated to court

Nestle L. Semilla 03/21/2017

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.…

NBI BUILDS STRONG CASE VS ROMANIANS

Ador Vincent S. Mayol 03/18/2017

Romanians claim innocence; not so, says NBI Claiming innocence and stuck in detention with close to P2,000 worth of sandwiches, donuts and coffee for lunch from a popular coffeehouse chain, the three Romanian nationals who were arrested…

SKIMMING HITS LANDBANK

Ador Vincent S. Mayol, Doris C. Bongcac, Jose Santino S. Bunachita, Nestle L. Semilla, Victor Anthony V. Silva 03/15/2017

The number of skimming victims of holders of Land Bank of the Philippines (LBP) automated teller machine (ATM) accounts rose yesterday with dozens of government personnel, including a ranking police officer, a Cebu Regional Trial Court (RTC)…

Skimming cases worry Osmeña

Inna Mejia 03/15/2017

WITH the recent automated teller machine (ATM) skimming cases happening again in different areas in Cebu City, Mayor Tomas Osmeña said the banking industry has to take responsibility. “Right now, from what I see across the board,…

Retired judge loses P100K to ATM scam

Izobelle T. Pulgo 03/15/2017

MORE victims of unauthorized ATM withdrawals have come out, one of them Retired Judge Meinrado Paredes, who lost P100,000 from his Land Bank of the Philippines (LBP) account. He said he discovered the unauthorized withdrawals from his…

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…

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