Export Bank What happened?

[nodols3]

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Nikalit raman nig ka down ang export bank. Hasta daw ang ilang mga employees wala kabalo nga ang ilang bank is na bankrupt na diay.

Anybody here care to discuss more on this matter?

[BaDz Abadia]

NANIRA na

[jojo_mouth]

Actually deli man unta ni ma close if nadayun pa ang Negotiation nila sa BDO. Their negotiation with BDO fell and wala na materialize so they instead sold their some shares to a certain Property development Firm in order to boost liquidity. But still short of its maturing obligation...

at least naay PDIC...

[jeshcel]

if mag closed ang usa ka bank, usually ang gagmay depositor ra gyud ang mabayran ug tarong ... like what happen to banco filipino.

@jojo_mouth ... ive heard about that BDO thing ... wa gyud diay to nadayon kay na-closed man. i think nka read ko ug article ana sa Internet. lisod na salig ug bank nga gagmay ron...

[nodols3]

Gamay ra gyud diay to nga bank? Though I haven't seen their FS. Ang cause daw is dili na nila macover ang interest, mao they opt for bankruptcy. Looks like they had so much debt and too less income to cover for it, sayang pud.

Pila na? Banco Filipino, LBC and now Export Bank.. ang question is nganong karon pa nga nibalik naman unta ug boom ang economy, Sayang kaayo sa? hmmm..

[lorenzoleo]

Adto na lang jud deposit sa big 3 banks. Metrobank, BDO and BPI. Tsk tsk!!
Kung gusto mu nga mag pa grow jud sa money, direct lang mu invest where the bank grows its money.

[slidingdoors]

mao ako bhalag dako ang maintaining balance sa BPI basta kahbw ko na safe ako money..hehehehe...

[Balandido]

bankrupct! under receivership by bsp.

bdo expressess interest to take over.

[nodols3]

Nakalabay ko ganina sa usa ka branch nila napuno naman ug mga boxes, looks like nagsugod na gyud sila pamutos. Then naay naka paskin sa gawas. Murag wala na gyud ni nga banko.

[King LeBron]

Naa moy number sa PDIC cebu?