Iloilo City rural bank shuts downhome/Business/Top Business/Iloilo City rural bank shuts downMONETARY authorities have ordered the closure of an Iloilo-based rural bank and placed it under receivership. The head office of the nine-unit rural bank is located at Valiant Bldg., 41 Mabini St., Brgy. Liberation, Iloilo City, Iloilo. As of March 31, the rural bank has 6,567 deposit accounts with total deposit liabilities of P480.7 million. Valiant Bank depositors may update their addresses until May 27, 2019 using the Mailing Address Update Forms to be distributed by PDIC representatives at the bank premises.

Source: Manila Times May 19, 2019 16:36 UTC