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Have you ever wondered what happens to your money once it is deposited in a bank? Well, banks accumulate money from depositors and once the fund is big enough, your money along with others are lent to create more funds to pay you off with interest as agreed upon.
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LEONARDO SIGUION REYNA

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abtest

Can SPV law protect RP banks from toxic assets?

By COMMONSENSE | By Marichu A. Villanueva1 | October 12, 2009 - 12:00am

Have you ever wondered what happens to your money once it is deposited in a bank? Well, banks accumulate money from depositors and once the fund is big enough, your money along with others are lent to create more...

Opinion

Philippine Investment Two denies anti-dummy charge

September 8, 2009 - 12:00am

Philippine Investment Two Inc. (PI2), a special purpose vehicle (SPV) created under the Special Purpose Vehicle Act of 2002 to acquire non-performing assets from Philippine financial institutions, issued a statement...

Business