Court of Appeals junks Banco Filipino bid for P25-billion BSP aid
By Edu Punay | June 13, 2011 - 12:00am
The Court of Appeals has denied the bid of the Banco Filipino Savings and Mortgage Bank to pursue the P25-billion financial assistance package from the Bangko Sentral ng Pilipinas before the embattled bank was closed...
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PDIC urges small BF depositors with incomplete data to file claims
By Lawrence Agcaoili | June 9, 2011 - 12:00am
State-run Philippine Deposit Insurance Corp. (PDIC) yesterday urged small depositors of the Aguirre-owned Banco Filipino Savings and Mortgage Bank to file deposit insurance claims after initial evaluation showed...
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CA won't stop Banco Filipino closure
By Lawrence Agcaoili | June 1, 2011 - 12:00am
The Court of Appeals (CA) has thumbed down the request of the stockholders of beleaguered Banco Filipino Savings and Mortgage Bank for a temporary restraining order (TRO) on the closure order issued by the Bangko...
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DOJ summons BF, BSP executives
By Edu Punay | April 27, 2011 - 12:00am
The Department of Justice (DOJ) summoned yesterday top executives of Banco Filipino Savings and Mortgage Bank and Bangko Sentral ng Pilipinas (BSP) to a preliminary investigation on charges filed by the two parties...
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PDIC chief quits amid Banco Filipino shutdown
By Lawrence Agcaoili | April 18, 2011 - 12:00am
Philippine Deposit Insurance Corp. (PDIC) president Jose Nograles has tendered his resignation as head of the state-run deposit insurer at the height of the controversy surrounding the closure of the Aguirre-led...
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DOJ creates panel for BF, BSP complaints
By Edu Punay | April 14, 2011 - 12:00am
The Department of Justice (DOJ) has created a panel of prosecutors to investigate the counter charges between Banco Filipino Savings and Mortgage Bank and Bangko Sentral ng Pilipinas (BSP) in connection with the...
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Aquino defends BSP on closure of Banco Filipino
By Delon Porcalla | April 7, 2011 - 12:00am
President Aquino yesterday defended the Bangko Sentral ng Pilipinas (BSP) for closing the insolvent Banco Filipino (BF) for unsound banking practices.
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BSP to CA: Banco Filipino operated pyramid scheme
By Lawrence Agcaoili | April 6, 2011 - 12:00am
The Bangko Sentral ng Pilipinas (BSP) informed the Court of Appeals (CA) that there was an urgent need to shut down beleaguered Banco Filipino Savings and Mortgage Bank after the erstwhile largest savings bank in...
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Banco Filipino files graft complaint vs BSP officials
By Edu Punay | April 2, 2011 - 12:00am
The Banco Filipino Savings and Mortgage Bank yesterday accused top officials of Bangko Sentral ng Pilipinas (BSP) of graft that eventually resulted to its closure.
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PDIC starts paying BF depositors
By Lawrence Agcaoili | March 29, 2011 - 12:00am
State-run Philippine Deposit Insurance Corp. (PDIC) yesterday started paying small depositors of beleaguered Banco Filipino Savings & Mortgage Bank that was ordered closed by the Bangko Sentral ng Pilipinas (BSP)...
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