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News Briefs

/ 12:37 PM July 08, 2013

PDIC examines closed bank’s records

PERSONNEL of the Philippine Deposit Insurance Corp. (PDIC) will examine the records of the Rural Bank of San Fernando for any deposit liabilities two days ahead of the Depositors-Borrowers Forum.

PDIC corporate executive officer Errol Ybanez said deposit liabilities are the bank’s obligations to its depositors based on their savings.

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“We will examine to establish validity of deposit accounts as our basis for our payout,” he said.

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Ybanez said the PDIC will only pay depositors once they have validated their accounts.

The PDIC pledged to refund all valid deposits up to the maximum of P500,000.00.

Accounts exceeding the maximum deposit ceiling will be paid depending on how much assets will be left in the bank.

“So far , there were no problems that were encountered against depositors and the employers of the bank,” Ybanez said.

Tomorrow the PDIC will conduct a Depositors–Borrowers Forum to answer questions from the depositors who can file deposit insurance claims afterwards.

Last Friday, the Rural Bank of San Fernando was closed on orders of the Monetary Board Resolution and was taken over by PDIC. Correspondent Michelle Joy L. Padayhag

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Keep dogs out of streets, Mandaue owners told

DOG owners in Mandaue City were reminded to keep their pets at home and off the streets lest they be impounded and euthanized.

Dr. Daisy Penetrante of the Mandaue City Veterinary’s Office said they will intensify their campaign against stray dogs after they caught four of them that tested positive for rabies last June.

These dogs were euthanized or put to death by potassium chloride injections.

“We don’t have enough food for the impounded stray and this will prevent them from spreading the diseases they have to other dogs,” Dr. Penetrante said.

Impounded dogs need to be claimed within three days, she said.

Dead dogs were buried near the city pound, Dr. Penetrante said.

“There are barangay rabies coordinator assigned in every barangay,” she said.

Edwin Anthony Jumao-as, anti-rabies campaign coordinator of the City Veterinary Office said owners will have to pay P500 before they can claim their dogs.

Last month, the City Veterinary Office recorded one case of dog bite in Barangay Canduman. The person later tested positive for rabies.

Free anti-rabies vaccination will be administered in each of Mandaue City’s 27 barangays by the barangay rabies coordinator.

Last year, the City Veterinary Office recorded 8,475 dogs and 81 cats that were administered with anti-rabies vaccine.

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Dog owners who fail to provide aid to those who were bitten by their pets will be penalized with a P25,000 fine. Reporter Jucell Marie P. Cuyos

TAGS: Animals, Banking, Dogs

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