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                    [ArticleID] => 306605
                    [Title] => PDIC takes over Batangas rural bank
                    [Summary] => The Philippine Deposit Insurance Corp. (PDIC) has taken over the Rural Bank of San Nicolas (Batangas), Inc., after the Monetary Board (MB) ordered the closure of the bank by virtue of Monetary Board Resolution No.1443 dated Nov. 10, 2005.


Rural Bank of San Nicolas has six banking units, including its head office in San Nicolas, Batangas. The five branches are located in the towns of Balayan, Lemery, Rosario and San Pascual in Batangas and in Silang, Cavite. As of June 2005, estimated total deposit liabilities of the bank is P256.3 million with around 14,000 deposit accounts.


                    [DatePublished] => 2005-11-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ROSARIO AND SAN PASCUAL

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                    [ArticleID] => 306605
                    [Title] => PDIC takes over Batangas rural bank
                    [Summary] => The Philippine Deposit Insurance Corp. (PDIC) has taken over the Rural Bank of San Nicolas (Batangas), Inc., after the Monetary Board (MB) ordered the closure of the bank by virtue of Monetary Board Resolution No.1443 dated Nov. 10, 2005.


Rural Bank of San Nicolas has six banking units, including its head office in San Nicolas, Batangas. The five branches are located in the towns of Balayan, Lemery, Rosario and San Pascual in Batangas and in Silang, Cavite. As of June 2005, estimated total deposit liabilities of the bank is P256.3 million with around 14,000 deposit accounts.


                    [DatePublished] => 2005-11-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

PDIC takes over Batangas rural bank

November 13, 2005 - 12:00am

The Philippine Deposit Insurance Corp. (PDIC) has taken over the Rural Bank of San Nicolas (Batangas), Inc., after the Monetary Board (MB) ordered the closure of the bank by virtue of Monetary Board Resolution No.1443...

Business