Banco Filipino Subok Na Matibay, Subok Na Matatag?

Banco Filipino Subok Na Matibay, Subok Na Matatag?

Banco Filipino Subok Na Matibay, Subok Na Matatag! Happy Savers Club.   Do you remember this slogan from Banco Filipino. I am one of the happy saver club member when I was 8 years old. For those who fond of San Rio in the early 80's. 

The Bangko Sentral ng Pilipinas (BSP) on March 17, 2011 ordered the closure of Banco Filipino Savings and Mortgage Bank and placed it under the receivership of state-run Philippine Deposit Insurance Corp. (PDIC), saying its liabilities topped its assets by P8.4 billion. wikipedia

These past few days ay nagsara ang mga Banco Filipino branches.  Depositors can not withdraw from the ATM machine.  Banco Filipino and Bangko Sentral ng Pilipinas (BSP) keep pointing to one another.  Technically the poor depositors have no idea what are they talking about. Ang mahalaga sa kanila ay natiwala sila sa Banco Filipino. Now that they need their money who will be responsible? 

I hope that the Banco Filipino and Banco Sentral ng Pilipinas will solve this issue as soon as possible. Sana hindi na sila magsara ulit.  So that the legacy of Banco Filipino will continue.

Subok Na Matibay, Subok Na Matatag!


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