The Philippine Deposit Insurance Corporation (PDIC) provides an extension until December 18, 2023, for creditors, including depositors, to file claims against the assets of the recently closed Rural Bank of Talisay (Cebu), Inc.
Netbank collaborates with Filipino Facebook groups to launch tailored savings accounts, featuring raffle-based savings, providing community members with personalized banking experiences and accessible financial solutions.
Cebuana Lhuillier Bank reaffirms its commitment to advancing financial inclusion in the Philippines.
Cebuana Lhuillier Bank partners with Temenos to modernize its core banking platform, aiming to enhance financial inclusion and provide more accessible lending products for its over seven million customers, thereby reshaping rural banking in the Philippines.
The Bangko Sentral ng Pilipinas (BSP) has closed the Rural Bank of Talisay (Cebu), Inc., marking the seventh rural bank closure this year in compliance with the amended Republic Act No. 7653.
In accordance with the New Central Bank Act, the Bangko Sentral ng Pilipinas (BSP) has ordered the closure of United Consumers Rural Bank Inc., making it the sixth problematic rural bank shut down this year.
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