Depositors still trust us: PSBank

Philippine Savings Bank (PSBank) said it has maintained the confidence of its depositors amid being in the middle of the on-going impeachment trial of Chief Justice Renato Corona.
“PSBank has successfully maintained the confidence of all its depositors including its most high- profile customers for the past 52 years,” it said in a one-sentence statement Wednesday.
Corona was impeached by lawmakers in the Lower House due to among others the allegations that he was a midnight appointee and that he failed to submit his statement of assets, liabilities and net worth (SALN) as required from all government officials and employees.
On Wednesday, Corona, in a GMA-7 interview, said he withdrew P37 million from his account in PSBank Katipunan branch on Dec. 12, 2011 – the same day he was impeached in the House of Representative, because he lost trust in PSBank.
The Chief Justice disclosed that he was informed as early as November last year that people were talking about his accounts and even heard the branch manager talking about his accounts.
Earlier, Corona’s defense lawyers said the P37 million in the accounts that were scrutinized by the Impeachment Court did not belong to the Chief Justice but that of the Basa-Guidote Enterprises, Inc. (BGEI), a corporation owned by the relatives of Corona’s wife.
Corona, in a radio interview, said he would disclose details of his dollar accounts whether or not there was a temporary restraining order (TRO) from the Supreme Court (SC).
Details of Corona’s dollar accounts have not been disclosed to the Impeachment Court after SC issued a TRO for this on back of PSBank’s request, which cited that making details of foreign currency accounts public without the written consent of its depositor is a violation of the confidentiality clause stated under Republic Act 6426, otherwise known as the Foreign Currency Deposit Act of the Philippines.
The Chief Justice disclosed that he was informed as early as November last year that people were talking about his accounts and even heard the branch manager talking about his accounts.
Earlier, Corona’s defense lawyers said the P37 million in the accounts that were scrutinized by the Impeachment Court did not belong to the Chief Justice but that of the Basa-Guidote Enterprises, Inc. (BGEI), a corporation owned by the relatives of Corona’s wife.
Corona, in a radio interview, said he would disclose details of his dollar accounts whether or not there was a temporary restraining order (TRO) from the Supreme Court (SC).
Details of Corona’s dollar accounts have not been disclosed to the Impeachment Court after SC issued a TRO for this on back of PSBank’s request, which cited that making details of foreign currency accounts public without the written consent of its depositor is a violation of the confidentiality clause stated under Republic Act 6426, otherwise known as the Foreign Currency Deposit Act of the Philippines. (PNA)