Monetary Board closes Pangasinan-based rural bank

Monetary Board closes Pangasinan-based rural bank

PDIC PHOTO The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) shuttered the Rural Bank of San Nicolas (Pangasinan), Inc. and placed it under receivership of state deposit insurer, Philippine Deposit Insurance Corporation.Through MB Resolution No. 72.B...