Its one of the many banks on the next few months and upcoming years. As I've posted on my previous blog, many of the rural banks in Philippines will close, declare bankruptcy or will be under PDIC. Because its part of the upcoming global recession that was already predicted by financial tycoons. The middle class will be wiped out, and there will be only poor or rich class. I hope we are wrong but that was not the case that we are seeing.
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