THE Bangko Sentral ng Pilipinas (BSP) has ordered a Lipa City-based Empire Rural bank closed and placed under receivership, state-run Philippine Deposit Insurance Corp. (PDIC) announced on Friday.
The rural bank, which is headquartered at in 154 C.M. Recto Avenue, Poblacion Barangay 4, Lipa City, Batangas, has been prohibited from doing business and its assets and affairs placed under the control of the PDIC.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.