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Posts Tagged ‘banking’


Court orders UCPB to pay client P1 billion

By Vandelay Industries on Saturday, January 26th, 2008 | 4 Comments

A PASAY Court has ordered the United Coconut Planters Bank (UCPB) to pay a client an estimated P1 billion after the lender was found to have overcharged E. Ganzon Inc. (EGI), a real-estate developer with properties in Metro Manila. Besides involving attorney’s fees, court suit costs, damages, and interest, the amount covers the various forms [...]

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A reader's lament

By Vandelay Industries on Saturday, August 11th, 2007 | No Comments

A review of “Long and tortuous road to coconut levy recovery” by Romeo C. Royandoyan
Published by Centro Saka Inc. (Philippine Center for Rural Development Studies)
Copyright 2007
NO question about it: Romeo “Omi” C. Royandoyan has done a lot to advance the cause of the Filipino coconut farmer.
Currently the executive director of Centro Saka Inc. (CSI), [...]

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