Lender for teachers loses DepEd accreditation
MANILA, Philippines — The Department of Education has revoked the accreditation of Manila Teachers’ Savings and Loan Association Inc. (MTSLAI), citing an order from the Bangko Sentral ng Pilipinas (BSP) even as it drew an outcry from teachers who looked at the lending company as a credit lifeline. The agency’s decision made MTSLAI ineligible for […]
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