• RURAL BANK BORROWERS TOLD TO PAY OBLIGATIONS

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    The Philippine Deposit Insurance Corp. (PDIC), the Receiver of the closed Rural Bank of Borongan (Eastern Samar), reminded borrowers of the bank to continue to pay their loans and transact only with authorized PDIC representatives. In a statement, PDIC advised borrowers of the Rural Bank of Borongan to pay their loans and other obligations directly at any Philippine National Bank Branch under account name, PDIC FAO BURL Rural Bank of Borongan with Reference 373-0949000-13. The Receiver cautioned borrowers that it has discontinued the engagement of the bank’s collectors. PDIC has not engaged any person to collect the loans of the bank.

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