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                    [Title] => Financial stability at the expense of pensioners?
                    [Summary] => I received mails from two of our readers who sought to bring out to light almost similar situations each of the letter-writers is into. The letter senders are both retired employees and having the same complaint about their retirement benefits. The same situation is besetting the rest of their fellow pensioners. One of the mail-senders says he is a pensioner of the Government Service Insurance System (GSIS) while the other is a pensioner of the Social Security System (SSS).


                    [DatePublished] => 2006-05-24 00:00:00
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                    [AuthorName] => Marichu A. Villanueva
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                    [Title] => SEC fines EPCI Bank for rules violations
                    [Summary] => The Securities and Exchange Commission (SEC) has fined Equitable PCI Bank (EPCIB) P1.8 million for its failure to comply with its manual on corporate governance despite previous warnings. 


SEC officer-in-charge Gracia F. Casals said the SEC also rejected the motion for reconsideration of the commission’s earlier ruling disqualifying Roberto R. Romulo as independent bank director.  


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DELA PAZ AND GARCIA

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                    [Title] => Financial stability at the expense of pensioners?
                    [Summary] => I received mails from two of our readers who sought to bring out to light almost similar situations each of the letter-writers is into. The letter senders are both retired employees and having the same complaint about their retirement benefits. The same situation is besetting the rest of their fellow pensioners. One of the mail-senders says he is a pensioner of the Government Service Insurance System (GSIS) while the other is a pensioner of the Social Security System (SSS).


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                    [Title] => SEC fines EPCI Bank for rules violations
                    [Summary] => The Securities and Exchange Commission (SEC) has fined Equitable PCI Bank (EPCIB) P1.8 million for its failure to comply with its manual on corporate governance despite previous warnings. 


SEC officer-in-charge Gracia F. Casals said the SEC also rejected the motion for reconsideration of the commission’s earlier ruling disqualifying Roberto R. Romulo as independent bank director.  


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abtest

Financial stability at the expense of pensioners?

By COMMONSENSE | By Marichu A. Villanueva | May 24, 2006 - 12:00am

I received mails from two of our readers who sought to bring out to light almost similar situations each of the letter-writers is into. The letter senders are both retired employees and having the same complaint...

Opinion

SEC fines EPCI Bank for rules violations

July 19, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has fined Equitable PCI Bank (EPCIB) P1.8 million for its failure to comply with its manual on corporate governance despite previous warnings. SEC officer-in-charge...

Business