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Notices to Creditors of Closed Banks   


Notice to All Creditors of Rural Bank of Santander (Cebu), Inc.

NOTICE IS GIVEN TO THE PUBLIC THAT ON SEPTEMBER 8, 2000, RURAL BANK OF SANTANDER (CEBU), INC. WAS PROHIBITED FROM DOING BUSINESS IN THE PHILIPPINES AND WAS ORDERED PLACED UNDER RECEIVERSHIP OF THE PHILIPPINE DEPOSIT INSURANCE CORPORATION (PDIC) BY THE MONETARY BOARD IN ITS RESOLUTION NO. 1536. AS THE STATUTORY RECEIVER, PDIC TOOK OVER THE ASSETS, RECORDS AND AFFAIRS OF THE SAID BANK ON SEPTEMBER 11, 2000.

ON DECEMBER 28, 2000, THE MONETARY BOARD IN ITS RESOLUTION NO. 2239 DIRECTED PDIC TO PROCEED WITH THE LIQUIDATION OF RURAL BANK OF SANTANDER (CEBU), INC. ACCORDINGLY, PURSUANT TO SECTION 30 OF REPUBLIC ACT NO. 7653, OTHERWISE KNOWN AS THE "NEW CENTRAL BANK ACT", PDIC FILED A PETITION FOR ASSISTANCE IN THE LIQUIDATION OF RURAL BANK OF SANTANDER (CEBU), INC. DOCKETED AS SP. PROC. NO. M-5222 BEFORE THE REGIONAL TRIAL COURT OF MAKATI CITY, BRANCH 62.

PURSUANT TO THE NOVEMBER 29, 2006 ORDER OF THE REGIONAL TRIAL COURT OF MAKATI CITY, BRANCH 62, IN SP. PROC. NO. M-5222, FINAL NOTICE IS HEREBY GIVEN TO ALL THE CREDITORS, DEBTORS AND ANY/OR ALL THOSE WHO HAVE CLAIMS AGAINST THE RURAL BANK OF SANTANDER (CEBU), INC. TO FILE THEIR RESPECTIVE CLAIMS WITH PDIC OR ITS DULY AUTHORIZED REPRESENTATIVE AT THE PDIC EXTENSION OFFICE, 7TH FLOOR, SSS BUILDING, AYALA AVENUE CORNER V.A. RUFINO STREET, MAKATI CITY WITHIN FIFTEEN (15) DAYS FROM DATE OF LAST PUBLICATION OF THIS NOTICE. OTHERWISE, CLAIMANTS SHALL BE FOREVER BARRED FROM FILING CLAIMS WITH THE SAID CLOSED BANK.


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PDIC is a government instrumentality created in 1963
by virtue of Republic Act 3591, as amended, to insure
the deposits of all banks. PDIC exists to protect
depositors by providing deposit insurance coverage for the depositing public and help promote financial stability. PDIC is an attached agency of the Bangko Sentral ng Pilipinas.
Questions? Need Help? Click Frequently Asked Questions Trunkline.: (632) 8841-4000
Hotline: (632) 8841-4141
(for Metro Manila clients)
Fax No.: (632) 8841-4085
Email: pad@pdic.gov.ph
Client outside Metro Manila may call
Toll Free: 1-800-1-888-7342 or
1-800-1-888-PDIC