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RCBC loses in damage suit vs Bangladesh central bank

THE Regional Trial Court (RTC) of Makati City has ordered the dismissal of the more than P100-million damage suit filed against the Bank of Bangladesh by the Rizal Commercial Banking Corp. (RCBC). In a 9-page order, Makati City RTC Branch 142 Presiding Judge Rainald C. Paggao granted the motion for…

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