Police say eight people, most of them bank employees, have been fatally shot in a bank robbery in a town south of Manila.

Police Gen. Ricardo Padilla said the victims were found fatally shot when the bank opened at 9 a.m. Friday. He said two security guards were missing, leading authorities to suspect they were involved in the robbery.

Padilla said another security guard was among the dead. It was not clear how much money was stolen.

No other details were immediately available.