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                    [ArticleID] => 88178
                    [Title] => Estrada signs law amending General Banking Act
                    [Summary] => 

President Estrada signed into law yesterday a bill that amends the country's
52-year-old General Banking Act by widening the supervisory powers of the
Bangko Sentral ng Pilipinas (BSP) and opening the banking sector to more
foreign investment.

The long-delayed bill will take effect next month.

"I see this new law as very significant in our efforts to sustain the positive
growth of our economy," the President said in a speech after signing the bill
into law at Malacañang.

Mr.
                    [DatePublished] => 2000-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804833
                    [AuthorName] => Marichu A. Villanueva
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

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ENFORCEMENT ACT

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                    [ArticleID] => 88178
                    [Title] => Estrada signs law amending General Banking Act
                    [Summary] => 

President Estrada signed into law yesterday a bill that amends the country's
52-year-old General Banking Act by widening the supervisory powers of the
Bangko Sentral ng Pilipinas (BSP) and opening the banking sector to more
foreign investment.

The long-delayed bill will take effect next month.

"I see this new law as very significant in our efforts to sustain the positive
growth of our economy," the President said in a speech after signing the bill
into law at Malacañang.

Mr.
                    [DatePublished] => 2000-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804833
                    [AuthorName] => Marichu A. Villanueva
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

        )

)

abtest

Estrada signs law amending General Banking Act

By Marichu A. Villanueva | May 24, 2000 - 12:00am

President Estrada signed into law yesterday a bill that amends the country's 52-year-old General Banking Act by widening the supervisory powers of the Bangko Sentral ng Pilipinas (BSP) and opening the banking...

Headlines