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BDO Starts Investigation About Unauthorized Account Compromise Reports

Over the last couple of months, there have been reports about unauthorized withdrawals and purchases complained about bank account holders. In a statement that was issued on Tuesday night, BDO did not deny it and has admitted that there were...
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Metrobank Receives Sanctions From BSP Over P1.75-B Internal Fraud

In July, the second largest bank in the Philippines, Metrobank, reported a massive internal fraud that caused the bank P1.75 billion. Metrobank filed charges against Metrobank’s corporate service management division head and account service manager Ma. Victoria Lopez. In the...