For over five years, depositors of AMA Rural Bank of Mandaluyong, Inc. (“AMA Bank”) have been left in limbo, unable to access their hard-earned money. Many of them, particularly senior citizens, have tirelessly pursued justice, hoping for a resolution that would allow them to reclaim their deposits.
Tag: bsp
AMA Bank Seeks Clarification from BSP Following Contradictory Statements on Reopening and Depositor Payments
In response to the Bangko Sentral ng Pilipinas’ (BSP) press release titled Statement on AMA Bank Case issued on January 30, 2025, AMA Rural Bank of Mandaluyong, Inc. (AMA Bank) seeks clarification on BSP’s position regarding its pending second Motion for Reconsideration with the Supreme Court and the bank’s reopening.
BSP and Palawan Group Team Up to Promote Responsible Currency Use with Piso Caravan
The Palawan Group of Companies (PGC) collaborates with Bangko Sentral ng Pilipinas (BSP) to advance financial literacy and foster responsible currency management across the country through the BSP Piso Caravan. To solidify PGC’s support, a signing ceremony attended by key officers of both parties was held at the BSP headquarters.
BDO Foundation, TESDA and BSP unveil online fin ed modules
Co-developed by BDO Foundation and the BSP, these modules are now available to the public through the TESDA Online Program at e-tesda.gov.ph.
GCash supports BSP, DILG Paleng-QR Ph launch in Quezon City
Continuing the shared mission to boost digital payment adoption across the Philippines, the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government (DILG) have rolled out the Paleng-QR Ph plus initiative in the country’s most populous urban center Quezon City, in cooperation with GCash, the country’s number one finance super app.
Maya, BSP, DILG spearhead Paleng-QR Ph Plus launch in Pasig City
Maya, the country’s #1 digital banking app and all-in-one money platform, is accelerating its drive to promote digital retail payments in public markets across the National Capital Region (NCR), starting with Pasig City.
SM Supermalls supports BSP’s whole-of-nation approach to financial inclusion
Steps up Cashless Malling in 80 SM malls nationwide and SM Malls Online
UnionBank supports BSP and DILG’s ‘Paleng-QRPH’ initiative
Union Bank of the Philippines (UnionBank) threw its support to the Bangko Sentral ng Pilipinas (BSP) and the Department of the Interior and Local Government’s (DILG) “Paleng-QRPH”, a joint program of the two government agencies, recently launched at the Malcolm Square in Baguio City.