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Banco Filipino closes, blames BSP for bank holiday

And we all thought they were “Subok na Matibay, Subok na Matatag.”

Several branches of Banco Filipino were closed today, March 15 — the second time the troubled bank declared a bank holiday in 26 years.

The bank admitted they are recently experiencing “heavy withdrawals” and blamed the country’s Central Bank for “orchestrating” a smear campaign against them.

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