MANILA, Philippines?The Bangko Sentral ng Pilipinas denied allegations of spreading a smear campaign against Banco Filipino Savings and Mortgage Bank (BF) which caused it to go on a bank holiday.
In a Radyo Inquirer interview Friday, Atty. Elmore Capule of the BSP?s Office of the General Counsel said that ?it is against the BSP?s charter to talk about a bank?s condition all the more to begin a smear campaign.?
Banco Filipino, through its vice chairman Atty. Perfecto Yasay, Jr. on Wednesday blamed the BSP for the bank run they were experiencing.
For the full interview, listen to Radyo Inquirer, DZIQ 990 AM.