ExportBank closed, now under BSP receivership
Export and Industry Bank, more popularly known as ExportBank, is now closed and has … Read more
LBC Bank now closed; PDIC to issue deposit refunds
Another one bites the dust. LBC Development Bank, commonly known as LBC Bank to … Read more
For sale: Philippine Bank of Communications (PBCom)
Anyone interested to buy the Philippine Bank of Communications (PBCom)? PBCom, a minor player … Read more
Banco Filipino depositors: How to file claims with PDIC
It’s official: Banco Filipino is closed and is now under the receivership of the … Read more
Banco Filipino closes, blames BSP for bank holiday
And we all thought they were “Subok na Matibay, Subok na Matatag.” Several branches … Read more
BMS Bank declares bank holiday
Several PMT Forum members have shared that they received a message from the staff … Read more
BSP closes 9 more rural banks
Nine more rural banks in the Philippines were closed by the Bangko Sentral ng … Read more
Closed by the BSP: Philippine Farmer’s Bank
Following recent closures of rural banks in the Philippines particularly that of the Legacy … Read more
Higher PDIC coverage: Good or bad?
The issue of increased deposit coverage by the Philippine Deposit Insurance Corporation (PDIC) is … Read more
Metrobank’s Long-Term Negotiable Certificates of Deposits (LTNCD)
The Philippines’ largest bank, Metropolitan Bank and Trust Co. (Metrobank), is expected to offer … Read more