LBC bank ...what's wrong

[alex-24]

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alangan dili ma lugi na ang ilang business cge man padala hahahahahaha
ang lbc dili man parehas na bdo own by sm and bpi own by ayala
they have a very gud back up business and have a strict policy regarding loans...
so safe jud sa bdo or bpi and some other bank like metrobank
this 3 bank is just like big 3 of petroleum supplier like caltex,petron and shell..

[makie]

LBC's expertise is on cargo and courier services, not as a bank.

[ruckus01]

Uy daut ang ngalan sa LBC ani as a whole..

[buwad_jo]

the next thing i knew, i was sitting down outside the bank on the parking lot with only 50 pesos left in my wallet.

and all they can say is "Please accept our apology and hope you can trust us again".

im just a 25 year old entrepreneur who hav been doing an honest descent living, i have never ripped people off in my real estate career, i even give them all the blessings that they deserve.

It was on that day that i wanted to withdraw money to finally start a new business that i hoped could be my big break. Only to find out that I lost all of my money.

I treated all of the lbc employees with respect they deserved, and gave them blessings along the way. The least thing they could have done is to inform those clients ahead of time before this happened. But im sure they wouldnt do that because they were busy trying to pack their things and leave the island first before anyone else could.

after years of hard work, all I have now is nothing. but im not giving up. even the great entrepreneurs experienced bankruptcy.

for those entrepreneurs that are affected by lbc bank, dont stop chasing dreams. keep on kicking the buckets and one day. we will hit that jackpot.

this is my second time in bankruptcy. the last one was Rural Bank of Subangdako. god bless the owners of these banks. may they rot in hell. amen.

"Mister Banker, Mister please, how much does money mean?" - Lynyrd Skynyrd, Mr. Banker

[brandnewbien]

the next thing i knew, i was sitting down outside the bank on the parking lot with only 50 pesos left in my wallet.

and all they can say is "Please accept our apology and hope you can trust us again".

im just a 25 year old entrepreneur who hav been doing an honest descent living, i have never ripped people off in my real estate career, i even give them all the blessings that they deserve.

It was on that day that i wanted to withdraw money to finally start a new business that i hoped could be my big break. Only to find out that I lost all of my money.

I treated all of the lbc employees with respect they deserved, and gave them blessings along the way. The least thing they could have done is to inform those clients ahead of time before this happened. But im sure they wouldnt do that because they were busy trying to pack their things and leave the island first before anyone else could.

after years of hard work, all I have now is nothing. but im not giving up. even the great entrepreneurs experienced bankruptcy.

for those entrepreneurs that are affected by lbc bank, dont stop chasing dreams. keep on kicking the buckets and one day. we will hit that jackpot.

this is my second time in bankruptcy. the last one was Rural Bank of Subangdako. god bless the owners of these banks. may they rot in hell. amen.

"Mister Banker, Mister please, how much does money mean?" - Lynyrd Skynyrd, Mr. Banker

What did you learn when bankruptcy hit your the first time?

[user199]

LBC's expertise is on cargo and courier services, not as a bank.

their remittance business was thriving. Twas a pretty good business model.
People trusted them because they were getting remittance/money from a bank and not from an individual.

I feel sorry for the depositors.... being duped again. Bank closures should be made a criminal offense.

[MoD]

huge interest = huge risk...

kujng nag time deposit ka sa LBC.. you should know na dako kaayo risk kay dako man sad interest...

[aulim]

Bank closures should be made a criminal offense.

maayo ni. Not only banks, apil and mga preneed nga dili na mubayad. wala dyud ta proteksyon. legal proceedings can take yeeeears.

that way, maybe the risk of failures can be minimized.

[hotviper]

@ buwad_jo

nag business man kaha ka bro, ayaw sobra ka tempted sa ila high interest rate.
pili sa mga universal banks like bdo, bpi, metrobank.

[istoryamember]

^^ mao. lisod kaayo if adto ka sa mga gagmay nga banks. BPI, MBTC and BDO kay dagko and mas masaligan