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                    [Title] => Producers Savings Bank completes merger with Rural Bank of Cainta
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                    [Title] => The difference between 13th month pay and bonus
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The law and Supreme Court decisions are very clear.

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                    [AuthorName] => Atty Josephus B Jimenez
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It is a common practice among banking institutions to incorporate in the Real Estate Mortgage (REM) Contract signed by their borrowers-mortgagors, a clause providing that the property mortgaged secures not only the loan or credit accommodation obtained by the borrower but also those that the bank may “hereafter extend to said borrower-mortgagor including interests and expenses or any other obligation” owing to the bank.
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Producers Bank

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Can a property mortgaged as collateral for the loan of a borrower from a bank be foreclosed for the other unpaid obligation of the said borrower from the same bank? This is the issue raised and answered in this case of a manufacturer and exporter of fuel products (EII).

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abtest

Producers Bank offers loans to farmers online via Lendr

April 30, 2017 - 12:00am

Starting next month, farmers can apply for loans to help them finance and increase their farm production through the country’s first mobile-based digital agricultural crop loan ser-vice offered by thrift bank...

Business

Producers Savings Bank completes merger with Rural Bank of Cainta

By Lawrence Agcaoili | January 23, 2016 - 9:00am

The Producers Savings Bank Corp. and the Rural Bank of Cainta Inc. completed their merger last month amid calls by the Bangko Sentral ng Pilipinas for smaller banks to consolidate.

Business

Producers Bank buys RB Cainta

September 16, 2014 - 12:00am

Producers Savings Bank Corp. has acquired the Rural Bank of Cainta Inc. (RB Cainta), a rural bank with six banking offices, all operating in the province of Rizal.

Banking

Comprehensive

By Jose C. Sison | June 5, 2013 - 12:00am

Can a property mortgaged as collateral for the loan of a borrower from a bank be foreclosed for the other unpaid obligation of the said borrower from the same bank? This is the issue raised and answered in this case...

Opinion

3 boys nabbed for bank rob try in Pangasinan

By Eva Visperas | February 7, 2013 - 12:00am

The guns were toy replicas, but the attempt to rob a bank was real.

Headlines

The difference between 13th month pay and bonus

By Atty Josephus B Jimenez | November 27, 2012 - 12:00am

The law and Supreme Court decisions are very clear.

Freeman Opinion

P1.6-M tinangay ng tandem

By Victor Martin | July 30, 2012 - 12:00am

Umabot sa P1.6M halaga ang tinangay ng ri­ding-in-tandem matapos holdapin ang isang sasakyan ng bangko sa bisinidad ng bayang ito kamakalawa.

Probinsiya

Blanket authority

By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | December 14, 2011 - 12:00am

It is a common practice among banking institutions to incorporate in the Real Estate Mortgage (REM) Contract signed by their borrowers-mortgagors, a clause providing that the property mortgaged secures not only the...

Opinion

MasterCard, BancNet make cash withdrawals easier

April 5, 2011 - 12:00am

International cardholders of MasterCard, Cirrus and Maestro can now make cash advances and cash withdrawals through more automated teller machines (ATMs) in the country.

Banking

BancNet welcomes two new banks

January 29, 2008 - 12:00am

Banking