News about 'Banco Filipino'

Mar 18, 2011

Banco Filipino Update: BSP’s Monetary Board Authorized Bank’s Closure and Filing of Charges

Banco Filipino Update: BSP’s Monetary Board Authorized Bank's Closure and Filing of Charges
By in Announcement, Banking, Business, Finance No comments

Bangko Sentral ng Pilipinas (BSP) has finally authorized the closure of the bank and the filing of specified charges against persons who were involved in the bank’s infringements of banking laws. This was reported March 18, 2011 by local news sites.


Mar 17, 2011

Banco Filipino Denies Bank Holiday, Depositors, Worried about their Money?

Banco Filipino Denies Bank Holiday, Depositors, Worried about their Money?
By in Asia, Banking, Business, Finance 1 comment

Banco Filipino denied having a unilateral bank holiday after many of its branches closed Tuesday and Wednesday March 15 & 16, 2011. According to Banco Filipino Vice Chairman Perfecto Yasay, March 16, the banks continue to be in service but their tellers refuse to report for work due to threats from irked depositors.