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                    [ArticleID] => 94516
                    [Title] => Ople opposes lifting of bank law
                    [Summary] => 

Senate President Blas Ople opposed yesterday renewed proposals to lift the Bank
Secrecy Law, saying this would create mistrust and harm the country's image as
an Asian Switzerland.

"Government policy must be to encourage more Filipinos to save and put their
money in banks, not scare them and prompt them to hoard their money under
pillows," he said.

Presidential Spokesman Fernando Barican has announced that Malacañang
was seeking an amendment to the law to allow supervisors access to "vital
information under certain circumstances."

The amendment would empower the B
                    [DatePublished] => 2000-01-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

ASIAN SWITZERLAND

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                    [ArticleID] => 94516
                    [Title] => Ople opposes lifting of bank law
                    [Summary] => 

Senate President Blas Ople opposed yesterday renewed proposals to lift the Bank
Secrecy Law, saying this would create mistrust and harm the country's image as
an Asian Switzerland.

"Government policy must be to encourage more Filipinos to save and put their
money in banks, not scare them and prompt them to hoard their money under
pillows," he said.

Presidential Spokesman Fernando Barican has announced that Malacañang
was seeking an amendment to the law to allow supervisors access to "vital
information under certain circumstances."

The amendment would empower the B
                    [DatePublished] => 2000-01-23 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1297981
                    [AuthorName] => Efren Danao
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

abtest

Ople opposes lifting of bank law

By Efren Danao | January 23, 2000 - 12:00am

Senate President Blas Ople opposed yesterday renewed proposals to lift the Bank Secrecy Law, saying this would create mistrust and harm the country's image as an Asian Switzerland. "Government policy must be...

Headlines