Tag: unauthorized banking activities

BSP warns public vs. Global Investment Bank

CAGAYAN DE ORO CITY, Feb. 11 (PIA) — The Bangko Sentral ng Pilipinas (BSP) warns the public against the unauthorized banking activities of Global Investment Bank or GIB Philippines Bank Limited (GIB or GPBL). In its website (http://www.gibank.net), GIB/GPBL misrepresents itself to the public as a licensed bank in the Philippines authorized to carry out banking transactions for international activities. The BSP clarifies that GIB/GPBL has no Certificate of Authority to operate as a bank […]