The Philippine Daily Inquirer reported earlier that the Bangko Sentral ng Pilipinas (BSP) found the PCRBI and the PRBI, along with seven other banks under the Legacy group, to be undercapitalized during an audit done on July 31, 2007.
The other banks included Rural Bank of Parañaque Inc., Rural Bank of San Jose (Batangas) Inc., Rural Bank of Carmen (Cebu) Inc., Rural Bank of Calatagan (Batangas) Inc. (now Dynamic Rural Bank), Rural Bank of DARBCI Inc., Rural Bank of Kananga (Leyte) Inc. (now First Interstate Rural Bank) and Rural Bank of Bisayas Minglanilla (now Bank of East Asia).
The BSP recommended that the Legacy group banks be placed under receivership but the banks sought the issuance of a temporary restraining order to stop BSP from implementing its planned takeover.
Source:
Business - 2 Cebu rural banks declare holiday - INQUIRER.net
" These are the banks that give you an iphone if you deposit your money with them"
Care to comment??
Results 1 to 10 of 44
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12-09-2008, 10:18 PM #1Elite Member
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PRC ( Legacy Banks ) Under Bank Holiday
Last edited by esc; 12-09-2008 at 10:21 PM. Reason: adding more info
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12-09-2008, 10:39 PM #2Elite Member
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Finally! I've been waiting for someone to post this. Luoy kau tong nag invest ani.
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12-10-2008, 12:03 PM #3C.I.A.
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nganong dha man sd mo? nadani ky dako mag interes nga gihatag. ilad mo ana bai, mahay mo.
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12-10-2008, 12:07 PM #4C.I.A.
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ako metrobank and BDO! - your in good hand..
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12-10-2008, 12:09 PM #5Elite Member
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maypa gi time deposit nalang na nila sa china bank. yeah metrobank and bdo ayos pud.
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12-10-2008, 12:21 PM #6C.I.A.
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for the fast six years i am a depositor at banilad branch. taas ilang interest gehatag. last monday i was told that bank has a problem. i rushed right away to terminate my time deposit but unfortunately it will take two weeks to process. yesterday they declared a bank holiday. um not much to worry cz insured man na sa PDIC for P250T but dont know when can i get my little investment.
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12-10-2008, 12:33 PM #7Elite Member
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^ 250T insured sa PDIC d i sila, thats good. i hope kaw ang ma priority ky daghan pud raba silag liabilities sa uban cliente.
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12-10-2008, 12:56 PM #8C.I.A.
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^haha. mao nay irason ninyo bai. ksagaran ang interes mga 1-2% rman. nya ang ilaha moabot mag 20%. ay mo patunto ana. mao nang makadani ana did2 nla.
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12-10-2008, 01:15 PM #9Senior Member
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i know someone who works there... paet gyud... labi na gyud tong daghan clients nga naconvince mo invest... mao gyuy kasagaran mabuthan...
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12-10-2008, 01:36 PM #10Elite Member
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Whats weird though is that, Legacy had a TRO against BSP. Gi unsa kaha na nila ug kuha. grabeha, hasta ang bsp gi-TRO man. hahaha.
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