News

Malilit na depositor ng Tiaong Rural Bank, may balik-deposito na

By JOENALD MEDINA RAYOS STO. TOMAS, Batangas – MATATTANGGAP na ng mga depsoitor ng nagsarang Tiaong Rural Bank, Inc. ang pagbabalik ng kanilang mga deposito na may halagang P100,000.00 pababa simula ngayong araw. Ayon sa pahayag ng Philippine Deposit Insurance Corporation (PDIC), nagsimula ng magpadala ng balik-deposito sa pamamagitan ng Postal Money Orders (PMOs) ngayong […]

Business News

PDIC sets deadline for filing claims vs. Women’s RB’s assets

By JOENALD MEDINA RAYOS CALLING the attention of Batangas’ creditors and investors who may have infused capital or with any claims against the closed Women’s Rural Bank, Inc. The Philippine Deposit Insurance Corporation (PDIC), the liquidator of the closed Women’s Rural Bank, announced that creditors of the closed bank may only file their claims against […]

Business

3 more banks closed in a week; P1.3B deposits put on hold

 By JOENALD MEDINA RAYOS  Banking industry in the countryside is experiencing another blows over the week as the Monetary Board of the Bangko Sentral ng Pilipinas is prohibiting more banks from doing business in the country and putting them under the receivership of the Philippine Deposit Insurance Corporation (PDIC) for a consequent liquidation. As of […]

Business News

BSP, nag-strike 3 sa Batangas; TRBI sarado na rin!

By JOENALD MEDINA RAYOS STO. TOMAS, Batangas – BAGO pa lamang nagsisimulang magbayad ang Philippine Deposit Insurance Corporation (PDIC) ng mga valid deposits ng nagsarang Women’s Rural Bank, Inc., isa na namang bangko rural sa Batangas na may operasyon sa Southern Luzon ang ipinasara ng Bangko Sentral ng Pilipinas nitong Huwebes, Agosto 2, 2018. Sa […]

Business News

Bangko sa Batangas, isinara ng BSP; 4,300 depositor apektado

By JOENALD MEDINA RAYOS ROSARIO, Batangas – PANIBAGONG dagok sa sektor ng pagbabangko at sa may 4,300 depositor sa lalawigan ng Batangas ang pagsasara ng isa pang rural bank sa lalawigan nitong nakaraang Biyernes a-trese. Ito ang ikalwang rural bank sa Batangas ngayong 2018 at ika-apat sa loob ng 16 buwan. Sa bisa ng Resolution […]

Business

PDIC urges depositors of RB Siaton to file their claims for deposit insurance by July 9

THE Philippine Deposit Insurance Corporation (PDIC) urged depositors of the closed  Rural Bank of Siaton (Negros Oriental), Inc. to file their deposit insurance claims on or before the last day for filing of claims for insured deposits on July 9, 2018 either through mail addressed to the PDIC Public Assistance Department, 6th Floor, SSS Bldg., 6782 […]

News

Filipino sailors’ cash transfers seen hitting $6B this year

THE cash sent home by overseas Filipino sailors through banks is projected to top the $6-billion mark this year amid mounting deployment, ACTS-OFW Rep. Aniceto ‘John’ Bertiz III said on Monday, International Day of the Seafarer. “The number of Philippine-educated sailors and other staff deployed on foreign ocean-going vessels, including those on cruise ships and […]

Business

PDIC urges creditors of RB La Trinidad to claim payment approved by the Liquidation Court

THE Philippine Deposit Insurance Corporation (PDIC) started to process and settle claims of creditors of the closed Rural Bank of La Trinidad (Benguet), Inc. in April 2018 to implement the Order of the Liquidation Court (Regional Trial Court, First Judicial Region, Branch 10) that approved the closed bank’s Revised Partial Asset Distribution Plan. All creditors […]

Business News

Creditors of closed Batangas bank have 2 weeks to file claims against bank’s assets

By JOENALD MEDINA RAYOS  LIPA City — IT’S not yet over for the creditors of the closed Lipa City-based Empire Rural Bank as the bank regulator and receiver Philippine Deposit Insurance Corporation (PDIC) has set on May 7, 2018 to file claims. The PDIC has reminded the creditors that that they only have until such […]