Tag: cooperative banks Philippines

Failed Banks in the Philippines, 2003

A total of 9 banks failed in 2003, all of them rural banks.  Two were cooperative banks, which are also considered rural banks. 1.  Rural Bank of Echague (Isabela), Inc.     – Taken over by the PDIC on January 20, 2003     – Liquidated by the court on June 12, 2003 2.  Bauan […]