Blog Posts on banking and insurance

ExportBank closed due to bank holiday by Pinoy Money Talk on Apr 26, 2012Export and Industry Bank, more popularly known as ExportBank, is now closed and has been put by the Bangko Sentral ng Pilipinas (BSP) under receivership effective today, April 27, 2012. Yesterday, April 26, ExportBank informed the BSP that it is...

Re: Kung ikaw ay may ISANG MILLION PESOS? by PesoRepublic on Mar 3, 2012Hi, Please visit the facebook page and you will see...

Re: Kung ikaw ay may ISANG MILLION PESOS? by PesoRepublic on Mar 2, 2012paano po kayo namimigay ng 1 million pesos? Pacontest po? or loanable amount po sya?

Re: What do you think about the Bank Secrecy Law? by PesoRepublic on Feb 11, 2012Eto po ang nakalagay sa Foreign Currency Deposit Act of the Philippines (Republic Act No. 6426), specifically Section 8 (Secrecy of Foreign Currency Deposits).The provision says: “All foreign currency deposits authorized under this Act are hereby d...

Re: What do you think about the Bank Secrecy Law? by PesoRepublic on Feb 11, 2012medyo delikado pag inusisa ang mga bank transaction... lahat kasi yun nakabreakdown ... since its a personal account pwedeng kahit na anong transaction e usisahin na hindi related sa impeachment trial...

Re: What do you think about the Bank Secrecy Law? by PesoRepublic on Feb 11, 2012Who has greater right to information - the client of the bank or the People of the Republic of the Philippines?It would seem that the law on the confidentiality of foreign currency accounts was meant to protect the owner of the FCDU account from unau...

Re: What do you think about the Bank Secrecy Law? by PesoRepublic on Feb 11, 2012'REPUBLIC ACT NO. 9160 - Sec. 2. Declaration of Policy. – It is hereby declared the policy of the State to protect and preserve the integrity and confidentiality of bank accounts and to ensure that the Philippines shall not be used as a money l...

Re: What do you think about the Bank Secrecy Law? by PesoRepublic on Feb 11, 2012I think the ill gotten wealth would normally be found in the bank accounts and assets.. hindi ba?Yun sa case ni corona, i think it's sensitive topic.If again the defense for Corona will say about violation of his human rights, then what can preve...

What do you think about the Bank Secrecy Law? by PesoRepublic on Feb 10, 2012Itanong ko lang sana... What do you think about the Bank Secrecy Law? I've been watching a lot of SJ Corona Impeachment trial and been thinking a lot about bank secrety law... ano nga ba etong law na eto at talagang pinag aayawan eto sa senado?ma...

Prudentialife bankrupt, seeks corporate rehabilitation by Pinoy Money Talk on Feb 7, 2012The Insurance Commission on February 3, 2012 issued a “Stay Order” on the request of troubled pre-need firm Prudentialife Plans Inc. for corporate rehabilitation. With the “Stay Order” decision, all payment of claims by... [[...