Category Archives: Banking

The law imposes on banks a high degree of obligation to treat the accounts of its depositors with meticulous care, always having in mind the fiduciary nature of banking

 The foregoing testimonies of PCIB officers clearly show that not only did PCIB fail to give prior notice to Gonzales about the Offering Ticket for the process of termination, suspension, or revocation of the credit line under the COHLA, but … Continue reading

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Land Bank has the power and authority to write-off loans

In its Comment,[45] the COA argues that the fact that the audit disallowance was allegedly written-off is of no moment. Respondent maintains that Section 66 of PD 1445[46] expressly granted unto it the right to compromise monetary liabilities of the … Continue reading

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