BSP shuts down bank in Batangas
This problem bank has been ordered to stop its services.
The Bangko Sentral ng Pilipinas (BSP) shut down the Women’s Rural Bank in Batangas, the Philippine Star said in a report.
It said that the provincial bank has been placed under the watch of the Philippine Deposit Insurance Corporation, and is already the fourth lender ordered closed this 2018.
Women’s Rural Bank is based in Rosario town, with another branch in Sta. Teresita. Total deposits reached P82.1 million.