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Depositors Forums set for LBC bank clients
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Posted on Sep 16 2011
The Philippine Deposit Insurance Corp. has released a partial schedule for the Depositors Forums to be conducted throughout the Philippines to discuss the procedures and requirements for filing claims with the LBC Development Bank.
The 20-unit thrift bank owned by the LBC Group was placed by the Monetary Board of the Bangko Sentral ng Pilipinas under receivership last Sept. 9 by virtue of MB Resolution No. 1354.
Latest bank records show that the bank has 321,516 accounts as of June 30, with insured deposits amounting to P3.73 billion (about $86 million).
Depositors Forums will be held on Sept. 19 at the Division Social Hall & Cultural Hall at Gen. Luna corner Mabini St. near Mabini Elementary School in Iloilo; Sept. 19 at the City Hall Covered Court in Laoag City; and on Sept. 20 at the APSTA Teachers’ Center in Kalibo, Aklan.
The schedule of Depositors Forums for the head office and other branches as well as schedule of claims settlement operations will be announced later.
For more information and updates, visit the PDIC website at www.pdic.gov.ph, email pad@pdic.gov.ph, or call the hotlines at (02) 841-4630 and 841-4631.
