Bank denies refusing to return P9.7M deposit

BALANGA City, Bataan: The Balanga Rural Bank Inc. (BRBI) here on Wednesday strongly denied allegations that it refused to return the P9.704 million erroneously transferred and credited to its account by the Land Bank of the Philippines (LBP).

“There was no instance that the BRBI refused to return the erroneously credited amount. Our bank did not make use of the fund, nor did it profit from it as it remained with the BSP all this time,” BRBI President Maria Rosario Banzon said, referring to the Bangko Sentral ng Pilipinas.