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Citibank v. Sabeniano Loan Dispute Summary by Banana is a document available to read on EtoBox.

This case involves loans Modesta Sabeniano obtained from Citibank, Manila totaling PHP 1.92 million covered by promissory notes. Sabeniano defaulted on the loans. To secure repayment, she signed deeds of assignment for money market placements and allegedly signed a declaration of pledge for her Citibank-Geneva account. When she again defaulted, Citibank liquidated her outstanding balance by applying her money market placements, local bank deposits, and Swiss bank funds. Sabeniano sued, arguing the set-off o

Author

Banana

Language

EN