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PBCEA vs. Philippine Bank of Communications

PHILIPPINE BANK OF COMMUNICATIONS EMPLOYEES ASSOCIATION (PBCEA), PETITIONER, VS. PHILIPPINE BANK OF COMMUNICATIONS, RESPONDENT.

G.R. No. 250839 | 2022-09-14

D E C I S I O N
 
INTING, J.:
 
This resolves the Petition for Review on Certiorari[1] under Rule 45 of the Rules of Court which seeks to annul and set aside the Decision[2] dated October 18, 2019 of the Court of Appeals (CA) in CA-G.R. SP No. 155585. The CA modified the Decision[3] dated April 20, 2018 of the Office of the Voluntary Arbitrator (OVA) in that it declared valid the new policy which herein respondent Philippine Bank of Communications (PBCom) unilaterally imposed relative to the granting of multi-purpose loans (loan program) to its employees.
The Antecedents

The Multi-Purpose Loan Program

Sometime in the...