
PDIC to file criminal charges vs closed AMA Bank officials, employees
The PDIC reiterated that even with a bank closure, accountable officers and employees of the closed bank have duties under the law to cooperate with them.
The PDIC reiterated that even with a bank closure, accountable officers and employees of the closed bank have duties under the law to cooperate with them.
The Bangko Sentral has ordered the closure of AMA Rural Bank of Mandaluyong, Inc. The Philippine Deposit Insurance Corporation (PDIC) has taken over the bank as receiver.