The Monetary Board of the Bangko Sentral ng Pilipinas has placed Express Savings Bank Inc. under receivership of the Philippine Deposit Insurance Corp. By virtue of MB Resolution 987-B dated July 7, 2011, PDIC, as the receiver, took over the bank on July 8, 2011. A four-unit bank based in Laguna, its head office is … Continue reading Express Savings Bank placed under receivership →