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Banco Filipino Savings and Mortgage Bank vs. Court of Appeals

BANCO FILIPINO SAVINGS AND MORTGAGE BANK, petitioners, vs. THE HON. COURT OF APPEALS, and CALVIN & ELSA ARCILLA, respondents.

G.R. No. 129227 | 2000-05-30

D E C I S I O N

GONZAGA REYES, J.:

Before us is a Petition for Review on Certiorari of the Decision of the Court of Appeals1 in CA-G.R. CV No. 45891 entitled CALVIN S. ARCILLA and ELSA B. ARCILLA vs. BANCO FILIPINO SAVINGS and MORTGAGE BANK, ET. AL. which affirmed the decision of the Regional Trial Court (RTC), Branch 33, Manila ordering BANCO FILIPINO to pay CALVIN and ELSA ARCILLA the amount of P126,139.00 with interest thereon at 12% per annum from the filing of the complaint.

The undisputed facts as found by the Court of Appeals are as follows:

"Elsa Arcilla and her husband, Calvin Arcilla, the Appellees in the present recourse,...