bank run?

[tidus1203]

small portion lang yung invested ng metrobank sa lehman.
mas malaki yung investment ng metrobank sa toyota and toyota is making money for them everyday.

that goes for BDO too.

kung wala pang P250k ang pera sa banko, huwag mag-panic.
insured yan ng PDIC.

I am not saying merong bank run in fact wala pero just wanted to say na maskin may PDIC pa yan its not so great because it will take many many months if not even a year before you get your money from PDIC because susubukan pa nila i-liquidate ang assets ng bangko to raise the money to pay the depositors.

[uls]

walang bangko dito babagsak ok?

Sa tingin nyo ba BSP is gonna allow a bank as big as Metro to fail?

[Memphis Raines]

Yang mga na-withdraw sa MB, isang deposit lang ni Shadow e covered na. Kaya don't worry mga MB depositors ;)

I see

.

[slamtaz]

It will not collapse, guys stop this nonsensical talks of collapse and bank run, its all just speculation without basis.

Ahhh.... the word "speculation", ironic that it starts out with just a "spec"...

a lot of the current mess around the globe is brought about by this word... seems that the proper equation should be...

speculation + greed = crisis

i wonder what happens when those who benefit from this equation will be the ones haunted by it...

[uls]

Oh puleeeez...

para matahimik na itong issue

PHILIPPINES' METROBANK FILES PETITIONS FOR REHAB OF LEHMAN UNITS

MANILA, Sep 23, 2008 (AsiaPulse via COMTEX) -- TCNYF | Quote | Chart | News | PowerRating -- Metropolitan Bank and Trust Company (Metrobank), the country's largest bank in terms of assets, on Monday said it has filed a petition for rehabilitation against two subsidiaries of bankrupt US investment bank Lehman Brothers.

In a statement, Metrobank said the petitions were filed before the Makati Regional Trial Court (RTC) for Philippine Investment One, Inc. and Philippine Investment Two, Inc.

the move is to keep the 2 Lehman subsidiaries operating, para ma-protect ng Metrobank ang investment nya, para di maagaw ng foreigners ang assets in the ongoing Lehman bankruptcy liquidation.

This creditor-led rehabilitation is a pre-emptive move to protect the Bank against possible dissipation of assets by foreign claimants, Metrobank executive vice president Vicente Cuna said.

Last week, Metrobank disclosed that it has about P2.4 billion (US$56.1 million) loan exposure to a Lehman subsidiary in the country.

Metrobank is just one of the few banks in the country who have disclosed their exposure to the said investment bank along with Banco de Oro Unibank (BDO) and Rizal Commercial Banking Corporation (RCBC).

The Bangko Sentral ng Pilipinas (BSP) said the local banking industry's exposure to Lehman Brothers is limited.

[chua_riwap]

That's one main reason, kung bakit biglang umuwi si Pacman........

[uls]

talk about bank run...

Nagkaroon ng major bank run sa Hong Kong...

Bank of East Asia. 5th largest bank in HK.

the bank had exposure to Lehman and AIG.

rumors were spread by SMS

[Monseratto]

Baka si Tessie Sy nagkakalat ng rumour...

[tidus1203]

^^Di ko gets? What does Tessie Sy have to do with Bank of East Asia in HK?

[slamtaz]

^^Di ko gets? What does Tessie Sy have to do with Bank of East Asia in HK?

theory: if the bank goes under or at the very least becomes very cheap, then they can buy into it at a huge discount... hmmmm... parang epcib take-over d ba