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The Bangko Sentral ng Pilipinas (BSP) has ordered the closure of publicly listed Export & Industry Bank (EIB) after the commercial bank admitted that it does not have enough cash to service its maturing deposits.
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ALBERT CHEOK AND TANJUATCO

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The Bangko Sentral ng Pilipinas (BSP) has ordered the closure of publicly listed Export & Industry Bank (EIB) after the commercial bank admitted that it does not have enough cash to service its maturing deposits.
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abtest

BSP shuts down commercial bank

By Lawrence Agcaoili | April 28, 2012 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) has ordered the closure of publicly listed Export & Industry Bank (EIB) after the commercial bank admitted that it does not have enough cash to service its maturing dep...

Headlines