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Comsavings Bank vs. Spouses Capistrano

COMSAVINGS BANK (NOW GSIS FAMILY BANK), PETITIONER, VS. SPOUSES DANILO AND ESTRELLA CAPISTRANO, RESPONDENTS.

G.R. No. 170942 | 2013-08-28

Republic of the Philippines
SUPREME COURT
Manila
 
FIRST DIVISION
 
D E C I S I O N
 
BERSAMIN, J.:
 
A banking institution serving as an originating bank for the Unified Home Lending Program (UHLP) of the Government owes a duty to observe the highest degree of diligence and a high standard of integrity and performance in all its transactions with its clients because its business is imbued with public interest.
 
The Case
 
Comsavings Bank (now GSIS Family Bank) seeks the review and reversal of the decision promulgated on November 30, 2005,1 whereby the Court of Appeals (CA) affirmed with modifications the...