MANILA -Depositors of AMA Rural Bank of Mandaluyong Inc. may have to wait longer to get back their money, even as the Supreme Court ruled in a resolution dated March 1 that the Monetary Board's (MB) order to close and liquidate the bank was indeed null and void. The highest policy-making body of the Bangko Sentral ng Pilipinas (BSP), through MB Resolution No. 1705.D dated Nov. 7, 2019, prohibited AMA Bank from doing business in the country and directed Philippine Deposit Insurance Corp. (PDIC) as receiver to proceed with its takeover and liquidation. However, the resolution of the Supreme Court's First Division, which was circulated only on March 30, upheld a decision of the Court ...Keep on reading: SC nixes AMA Bank closure order