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Bank secrecy lifting not a priority–Henares

Internal Revenue Commissioner Kim Henares: Not a priority. INQUIRER FILE PHOTO

Internal Revenue Commissioner Kim Henares made it clear that seeking the lifting of the Bank Secrecy Law by Congress was not a priority of her office, as she acknowledged that such bid was a “long shot.”

Posted: March 28th, 2014 in Latest News Stories,Nation | Read More »

Banks extend hours due to truck ban

The Manila City government’s move to shorten the running time for truckers under a revised truck ban will soon result in longer working hours for some Landbank and Development Bank of the Philippines employees and warehouse personnel.

The Manila City government’s move to shorten the running time for truckers under a revised truck ban will soon result in longer working hours for some government bank employees and warehouse personnel.

Posted: March 5th, 2014 in Editors' Picks,Headlines,Metro | Read More »

Did you know

By virtue of Act No. 2612 of the Philippine Commission, the Philippine National Bank (PNB) was established on Feb. 4, 1916 to replace the small government-owned Agricultural Bank. Its first head office was the Masonic Temple on Escolta, then known as the Wall Street of the Philippines. H. Parker Willis, an American, was the bank’s first president. Marielle Medina, Inquirer Research

Posted: February 3rd, 2014 in Headlines,Metro | Read More »

Lapu-Lapu City Mayor faces charges for P2.6-B bank loans


Lapu-Lapu City Mayor Paz Radaza is facing criminal charges in the Department of Justice for taking part in the creation of P2.6 billion in alleged fictitious loans that eventually led to the closure of a bank she headed in 2009.

Posted: February 1st, 2014 in Latest News Stories,Regions | Read More »

Borrowers told to pay loans even if banks have closed


Borrowers of banks that have been shut down or closed by the government for various reasons should continue to pay their loan amortizations and other obligations, according to the Philippine Deposit Insurance Corp.

Posted: December 21st, 2013 in Latest News Stories,Regions | Read More »

Sarangani bank closure surprises depositors

The closure of one of the oldest rural banks here caught its depositors by surprise as there had been no indication it was in financial trouble.

Posted: December 11th, 2013 in Headlines,Regions | Read More »

Private, gov’t lenders give Visayas earthquake victims a break

Vice President Jejomar Binay.  FILE PHOTO

Borrowers affected by the earthquake in Central Visayas may avail themselves of a debt payment moratorium and relief from late-payment penalties from several creditors, including a leading foreign bank and state-owned housing agencies.

Posted: October 22nd, 2013 in Latest News Stories,Regions | Read More »

Glitch happens, farmers awed by loan data told by bank

A computer glitch. An official of the Land Bank of the Philippines said this was the cause of an erroneous letter sent out to farmers telling them to pay at least P149,000 in loans.

Posted: October 9th, 2013 in Headlines,Regions | Read More »

PDIC starts paying rural bank depositors Oct. 9


The Philippine Deposit Insurance Corp. (PDIC) will start paying claims of depositors of closed Rural Bank of Sto. Tomas on Oct. 9, the state-run firm said in a statement.

Posted: October 6th, 2013 in Headlines,Regions | Read More »

Davao Sur bank clients assured of help by PDIC

The Philippine Deposit Insurance Corp. (PDIC) gave assurances to depositors of the Rural Bank of Hagonoy in Davao del Sur that their claims would be processed.

Posted: October 3rd, 2013 in Headlines,Regions | Read More »

BSP probes banks in pork barrel scam


The Bangko Sentral ng Pilipinas (BSP) is investigating several banks for their possible failure to detect irregular transactions that may have abetted the illegal activities of Janet Lim-Napoles, the alleged brains behind the P10-billion pork barrel scam.

Posted: September 24th, 2013 in Banner Story,Editors' Picks,Headlines,Nation | Read More »

PAF coop invokes bank secrecy


The savings and loan cooperative of Philippine Air Force (PAF) personnel invoked Tuesday the bank secrecy law amid an allegation by pork barrel scam whistle-blower Benhur Luy that his former boss, Janet Lim-Napoles, controlled P510 million worth of accounts in the thrift unit.

Posted: August 7th, 2013 in Editors' Picks,Headlines,Nation | Read More »

Boracay bank clients warned on theft devices on ATM machines


Police have alerted bank customers and tourists on Boracay Island about an alleged criminal group stealing bank information from automated teller machines on the island.

Posted: July 24th, 2013 in Latest News Stories,Regions | Read More »

  1. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
  2. Opinions split on Napoles turning state witness
  3. Delfin Lee: Blame Pag-Ibig, not me
  4. Plunder complaint filed vs PNP chief, firearms office head over license delivery deal
  5. Cedric Lee’s cohort flies out of PH despite look-out order – De Lima
  6. San Juan cops fail to arrest Cedric Lee
  7. More ‘Yolanda’ bodies found
  8. Gigi Reyes pins blame on aide
  9. Lawyer: Napoles ‘will tell all’
  10. Boy ‘sexually assaulted’ at Indonesia international school
  1. Napoles spills beans on Enrile, Estrada, Revilla – De Lima
  2. Gigi Reyes pins blame on aide
  3. Estrada: Gigi Reyes won’t testify vs JPE
  4. Bernice Lee arrested by NBI team
  5. Enrile chief aide back in PH ‘to face charges’
  6. ‘No real progress in PH if dynasties not dismantled’
  7. Suspect in Vhong Navarro’s mauling wants to turn state witness – De Lima
  8. Reckless driver endangered lives of Aquino, entourage–report
  9. More legal woes for Cedric Lee
  10. Henares on Pacquiao bashing: I did not start this
  1. KL confirms Malaysian Airlines Flight MH370 ended in Indian Ocean
  2. MRT passengers pass the hat for 6-year-old Ashley
  3. Rookie, lady cops lauded for quick response to MOA heist
  4. Malaysia averts another air tragedy; pilot lands troubled plane safely
  5. Revilla says he was joking; Lacson stands by his story
  6. Revilla ‘consulted’ Lacson on how he evaded arrest
  7. Cudia, dismissed for lying, got 99% in conduct
  8. Kim Henares needs a reprimand, says Cayetano
  9. Hammer-wielding robbers cause chaos at Philippines’ Mall of Asia
  10. Napoles spills beans on Enrile, Estrada, Revilla – De Lima


  • Lacson eyes P106-B ‘Yolanda’ rehab masterplan
  • What Went Before: Malacañang allies alleged involvement in pork scam
  • Timeline: Napoles tell-all
  • 12 senators on Napoles ‘pork’ list, says Lacson
  • Napoles surgery in Makati hospital successful
  • Sports

  • Mixers trim Aces; Painters repulse Bolts
  • Donaire junks Garcia as coach, taps father
  • ’Bye Ginebra: No heavy heart this time
  • UAAP board tackles new rules
  • Baguio climb to decide Le Tour de Filipinas
  • Lifestyle

  • The best flavors of summer in one bite, and more
  • Homemade yogurt, bread blended with pizza, even ramen
  • Visiting chefs from Denmark get creative with ‘ube,’ ‘ buko,’ ‘calamansi,’ mangoes
  • Salted baked potatoes
  • A first in a mall: Authentic Greek yogurt–made fresh in front of diners
  • Entertainment

  • Return of ‘Ibong Adarna’
  • Practical Phytos plans his future
  • In love … with acting
  • From prison to the peak of success
  • ‘Asedillo’ location thrives
  • Business

  • Cost-recovery provisions for affected gencos urged
  • This time, BIR goes after florists
  • Philippine Airlines to stop shipment of shark fins
  • PH banks not ready for Asean integration
  • Stocks down on profit-taking
  • Technology

  • ‘Unlimited’ Internet promos not really limitless; lawmakers call for probe
  • Viber releases new design for iPhone, comes to Blackberry 10 for the first time
  • Engineers create a world of difference
  • Bam Aquino becomes Master Splinter’s son after Wiki hack
  • Mark Caguioa lambasts Ginebra teammates on Twitter
  • Opinion

  • Editorial cartoon, April 24, 2014
  • Talking to Janet
  • Respite
  • Bucket list
  • JPII in 1981: walking a tightrope
  • Global Nation

  • PH seeks ‘clearer assurance’ from US
  • China and rivals sign naval pact to ease maritime tensions
  • What Went Before: Manila bus hostage crisis
  • Obama arrives in Tokyo, first stop of 4-nation tour
  • Believe it or not: Filipinos love US more than Yanks
  • Marketplace