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                    [ArticleID] => 170130
                    [Title] => Banks, consumers air confidence on CAP
                    [Summary] => Financial institutions and consumer groups have expressed confidence on the financial stability and track record of the country’s leading pre-need industry.


Sources in the banking industry said yesterday that major banks, including Allied Bank, Metrobank and the Bank of Commerce, among others, which manage the trust funds of College Assurance Plan (CAP), do not doubt its capability to meet its maturing obligations to its thousands of CAP scholars, in the payment of their tuition fees.


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IVY L

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                    [ArticleID] => 170130
                    [Title] => Banks, consumers air confidence on CAP
                    [Summary] => Financial institutions and consumer groups have expressed confidence on the financial stability and track record of the country’s leading pre-need industry.


Sources in the banking industry said yesterday that major banks, including Allied Bank, Metrobank and the Bank of Commerce, among others, which manage the trust funds of College Assurance Plan (CAP), do not doubt its capability to meet its maturing obligations to its thousands of CAP scholars, in the payment of their tuition fees.


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Banks, consumers air confidence on CAP

July 30, 2002 - 12:00am

Financial institutions and consumer groups have expressed confidence on the financial stability and track record of the country’s leading pre-need industry. Sources in the banking industry said yesterday that...

Business