Regulatory Relief for Banks Affected by Typhoon “Lawin”
Regulatory Relief for Banks Affected by Typhoon “Lawin” Read More »
December 14, 2016
BSP Simplifies Guidelines on Establishment of Branches
Consistent with the BSP’s policy of promoting a competitive banking environment and ease of doing business, the Monetary Board (MB) approved the amendments to the guidelines on the establishment of branches to provide banks with more flexibility in expanding their branching network to strategic locations. The new regulation removed the use of theoretical capital as
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