AMA Bank responds to BSP’s statement on bank’s case

In response to Bangko Sentral ng Pilipinas’ (BSP) recent press release titled “Statement on AMA Bank Case,” dated Jan. 30, 2025, which “clarified” that its pending second Motion for Reconsideration with the Supreme Court “does not prevent AMA Bank from reopening and paying its depositors and creditors,” AMA Rural Bank of Mandaluyong, Inc. states that