Philippine c. bank battles surge in complaints of account hacking [Financial Post (Toronto, Ontario, Canada)]
BDO UNIBANK S/ADR (BDOUY)
NASDAQ:AMEX Investor Relations:
bdo.com.ph/investor-relations/official-disclosures
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Source: Financial Post
media and working with consumer banks to resolve the issue, through measures such as reimbursements, its chief said on Sunday. The bank is collaborating with the southeast Asian nation's largest lender, BDO Unibank, and Unionbank of the Philippines to take remedial steps, including reimbursement, Governor Benjamin Diokno said. Our favourite products that we tried in 2021 Advertisement “The Bangko Sentral ng Pilipinas will do everything to ensure the safety and integrity of the financial system, as well as the protection of financial consumers,” Diokno added in a statement. Advertisement Article content BDO is looking into each case and will respond to those affected, it said in a statement, while Edwin Bautista, the president of Unionbank, told Reuters its clients were among the banks that received funds from BDO accounts. Fewer than 10 Unionbank accounts that received funds from BDO accounts had already been frozen, Bautista said, adding that the bank was taking legal
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