bank run?

[shadow]

I received a text message that bank run daw ang Metrobank?

[uls]

paninira lang yan

kayang kaya i-handle ng Metrobank mga withdrawals.

And even if sobra laki ang withdrawals, the Bangko Sentral will come to the aid of Metrobank.

Metrobank is fine.

It just has exposure to Lehman... P2.4B lang naman... no big deal.

[tidus1203]

I don't see any bankrun among our local banks...

[jeDi13]

it can be a possible hoax, but surely their loss hurts.

[Mile2]

Shadow,

The text message is not true.

I should know first hand, than text messages or any news.

I hope you get what I mean.

[tidus1203]

Actually it was somewhat true pero controlled na. Its actually Metrobanks fault, inannounce kasi nila sa PSE that "WE are filing for receivership...." so nagkaroon ng panic kala nila Metrobank is filing for bakruptcy. What they meant is since Metrobank is Lehman Brother's CREDITOR they are going to file for Lehman's receivership in the Philippines para naman baka meron silang marecover. So a simple wrong use of English created a panic. Comedy talaga. Pero bottomline is ITS NOT TRUE.

[pitbullz]

what if the whole system collapses?

[shadow]

Shadow,

The text message is not true.

I should know first hand, than text messages or any news.

I hope you get what I mean.

you are George Ty if not Alfred Ty...?

[basti08]

waaahhh... nagpa-panic kanina sa office dahil dito. My boss after hearing it from a friend immediately when to MB to withdraw from his account. My other boss did that as well. Me, being worried, told my dad about it. Grandpa's shop's bank account is in MB, so we all became worried. Dunno if they did pull out the account from MB as my dad instructed to do it kanina.

Nakakapraning...

But could it be, have the slightest possibility to happen?

[Mile2]

you are George Ty if not Alfred Ty...?

I guess you need to read some business papers and be updated

It's Arthur Ty who now manage MB