Urban Bank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2008
Estafa proceedings involving former executives
The Supreme Court of the Philippines reinstated a PHP 4.5 billion estafa case involving several former Urban Bank executives. The supplied material does not state the final outcome.
2000
Bank failure, panic withdrawals, and regulatory receivership
Urban Bank declared a voluntary bank holiday after facing panic withdrawals. The Bangko Sentral ng Pilipinas closed the bank the following day, and the Philippine Deposit Insurance Corporation placed it and its subsidiaries under mandatory receivership.