G.R. No. 202514 - ANNA MARIE L. GUMABON, VS. PHILIPPINE NATIONAL BANK.D E C I S I O N - Supreme Court E-Library

Ruling

WHEREFORE , the petition is GRANTED . The assailed December 16, 2011 decision and June 26, 2012 resolution of the Court of Appeals is hereby reversed. The October 26, 2010 decision of the Regional Trial Court is REINSTATED with MODIFICATIONS . Thus, the Philippine National Bank is ORDERED to pay Anna Marie Gumabon the following: (1) Actual damages of: (a) $10,058.01, as the outstanding balance of FXCTD No. 993902; (b) $ 20,244.42, as the outstanding balance of FXCTD No. 993992; and (c) P250/741.82, as the outstanding balance of SA No. 6121200; (2) Legal interest of twelve percent (12%) per annum of the total actual damages from August 12, 2004 to June 30, 2013, and six percent (6%) per annum from July 1, 2013 until full satisfaction; (3) P100,000.00 as moral damages; (4) P50,000.00 as exemplary damages; (5) P150,000.00 as attorney's fees; and (7) Costs of suit. Let a copy of this Decision be furnished the Financial Consumers Protection Department of the Bangko Sentral ng Pilipinas, for information and possible action in accordance with the Bangko Sentral ng Pilipinas' mandate to protect the banking public. SO ORDERED.