On what GROUNDS may the Monetary Board close a bank or quasi-bank, that is, prohibit it from doing business in the Philippines?

On what GROUNDS may the Monetary Board close a bank or quasi-bank, that is, prohibit it from doing
business in the Philippines?
1. If the bank or quasi-bank is unable to pay its liabilities as they become due in the ordinary course of business (Sec. 30 [a] of BSP Law); sometimes referred to as the cash flow test; or
2. If the bank or quasi-bank has insufficient realizable assets to meet its liabilities. (Sec. 30 [b] of BSP Law); sometimes referred to as the balance sheet test; or
3. If the bank or quasi-bank cannot continue in business without involving probable losses to its depositors and creditors (Sec. 30 [c] of BSP Law); or
4. If the bank or quasi-bank has willfully violated a cease and desist order under Sec. 37 of BSP Law (Administrative Sanctions) that has become final and involves acts or transactions which amount to fraud or a dissipation of assets (Sec. 30[d]; or
5. If the bank or quasi-bank notifies the BSP or publicly announces a bank holiday (Sec. 53 of RA 8791);or
6. If the bank or quasi-bank in any manner suspends the payment of its deposit liabilities continuously for more than 30 days (Sec. 53 of RA 8791); or
7. If a bank persists in conducting its business in an unsafe or unsound manner (Sec. 56 of RA 8791).