Opportunity Kauswagan Bank prohibited from doing business

opportunity kauswagan bank
Opportunity Kauswagan Bank | @OfficialPDIC

Opportunity Kauswagan Bank prohibited from doing business in the Philippines

The Bangko Sentral ng Pilipinas prohibited Opportunity Kauswagan Bank from doing business in the Philippines.

The Philippine Deposit Insurance Corporation (PDIC) took over the bank on Dec 6, 2021 and assured that all valid deposits and claims will be paid up to the maximum deposit insurance coverage of Php 500,000 per depositor.

PDIC urges the depositors of the closed Opportunity Kauswagan Bank with balances of more than Php 100,000 to file their deposit insurance claims starting 4 March 2022 either thru email, postal mail or courier, or personally at the PDIC Public Assistance Center on appointment basis.

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