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Philippine Supreme Court: Banks Can Be Held Liable for Moral Damages Due to Negligence--Even Without Bad Faith
September 25, 2025

MANILA, Philippines, Sept. 25 -- The Supreme Court of the Philippines issued the following news release:

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SC: Banks Can Be Held Liable for Moral Damages Due to Negligence--Even Without Bad Faith

The Supreme Court (SC) has reiterated that banks may be held liable for moral damages suffered by depositors due to negligence-even if there is no proof of bad faith or malice.

In a Decision written by Associate Justice Samuel H. Gaerlan, the SC� . . .

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