The Central Bank of the Philippines warned the public to exercise caution when dealing with Bangko Maharlika Ltd., which operates as The Bank of Humanity. The entity is not licensed, authorized, regulated or supervised by the central bank and is not registered with the Securities and Exchange Commission. The public should verify the legitimacy and regulatory status of entities offering financial products, services or investment opportunities before entering transactions. Customers of unlicensed and unregulated entities may not receive the legal and regulatory protections available to customers of central bank-supervised institutions.
Central Bank of the Philippines2026-07-28
Central Bank of the Philippines warns that Bangko Maharlika and The Bank of Humanity are unlicensed
The Central Bank of the Philippines warned that Bangko Maharlika Ltd., operating as The Bank of Humanity, is neither licensed or supervised by the central bank nor registered with the Securities and Exchange Commission. Customers dealing with the entity may not receive the protections that apply to customers of regulated institutions.