Don’t deal with CoopHub – BSP

THE Bangko Sentral ng Pilipinas (BSP) is warning the public not to deal with a company allegedly posing as an authorized entity under its Credit Surety Fund (CSF).

In a statement on Wednesday, the central bank said it had not “certified CoopHub and/or any of its representatives” and “does not certify other [individuals or groups] to facilitate and implement…the CSF Program under Republic Act 10744, or the CSF Cooperative Act of 2015, and its implementing rules and regulations.”