^
+ Follow General Banking Law Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1945647
                    [Title] => Ex-DFA chief arrested
                    [Summary] => Former Department of Foreign Affairs (DFA) secretary Perfecto Yasay Jr. was arrested yesterday after a Manila court issued a warrant for his arrest for allegedly violating banking laws.
                    [DatePublished] => 2019-08-23 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804760
                    [AuthorName] => Rey Galupo
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => https://media.philstar.com/photos/2019/08/22/nat1-perfecto-yasay_2019-08-22_21-34-30203_thumbnail.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 1176381
                    [Title] => Moody’s upgrades Metrobank rating, cuts PNB, RCBC
                    [Summary] => 

Moody’s Investors Service has affirmed its upgrade of Metropolitan Bank & Trust Co’s subordinated debt rating.

[DatePublished] => 2013-09-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 940691 [Title] => PDIC files criminal charges vs former Export Bank officials [Summary] =>

The Philippine Deposit Insurance Corp. (PDIC) filed with the Department of Justice on May 9, 2013 a criminal complaint against the former chairman and five other officers of the closed Export and Industry Bank (EIB) for conducting business in an unsafe and unsound manner, in violation of the PDIC charter and the General Banking Law (GBL) of 2000.

[DatePublished] => 2013-05-11 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 940583 [Title] => Exportbank execs face criminal raps [Summary] =>

The Philippine Deposit Insurance Corp. filed on Thursday criminal charges against executives of the closed Export and Industry Bank for violating the PDIC Charter and the General Banking Law of 2000.

[DatePublished] => 2013-05-10 15:00:03 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1422137 [AuthorName] => Jovan Cerda [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 873605 [Title] => BSP allows thrift banks to go into cross selling [Summary] =>

Thrift banks will soon be allowed to offer investment products under revised regulations set to be unveiled by the Bangko Sentral ng Pilipinas (BSP) to “open up” the “restrictive” practice of cross-selling.

[DatePublished] => 2012-11-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 762569 [Title] => BSP extends regulatory relief to small firms [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has extended a regulatory relief exempting micro and small-enterprises from the submission of documentary requirements to secure bank loans for another three years.

[DatePublished] => 2011-12-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 751664 [Title] => BSP looks anew at raising P150-K cap on microfinance loans [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) is looking anew at the possibility of raising the existing limit on microfinance loans that is currently pegged at P150,000 in its bid to enable banks with microfinance operations to provide services to an even wider range of clients and to deliver financial services to more unserved markets.

[DatePublished] => 2011-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 690735 [Title] => Microfinance loans breach P7-billion level [Summary] =>

Loans extended by banks engaged to the microfinance sector have breached the P7-billion level as financial institutions continue to move out of urban areas in Luzon to far-flung areas in the Visayas and Mindanao.

[DatePublished] => 2011-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 689431 [Title] => Passage of BSP charter amendments pushed [Summary] =>

The House of Representatives is pushing for the immediate enactment of the proposed changes to the charter of the Bangko Sentral ng Pilipinas (BSP) to give the central bank more power in regulating banks in light of the closure of Aguirre-owned Banco Filipino Savings and Mortgage Bank.

[DatePublished] => 2011-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 656828 [Title] => Malayan Bank unit to operate as quasi-bank [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has given a unit of Malayan Bank the greenlight to operate as a quasi-bank giving it alternative financing options to boost its operations through more funds for relending or purchasing of receivables.

[DatePublished] => 2011-02-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
General Banking Law
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1945647
                    [Title] => Ex-DFA chief arrested
                    [Summary] => Former Department of Foreign Affairs (DFA) secretary Perfecto Yasay Jr. was arrested yesterday after a Manila court issued a warrant for his arrest for allegedly violating banking laws.
                    [DatePublished] => 2019-08-23 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804760
                    [AuthorName] => Rey Galupo
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => https://media.philstar.com/photos/2019/08/22/nat1-perfecto-yasay_2019-08-22_21-34-30203_thumbnail.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 1176381
                    [Title] => Moody’s upgrades Metrobank rating, cuts PNB, RCBC
                    [Summary] => 

Moody’s Investors Service has affirmed its upgrade of Metropolitan Bank & Trust Co’s subordinated debt rating.

[DatePublished] => 2013-09-06 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 940691 [Title] => PDIC files criminal charges vs former Export Bank officials [Summary] =>

The Philippine Deposit Insurance Corp. (PDIC) filed with the Department of Justice on May 9, 2013 a criminal complaint against the former chairman and five other officers of the closed Export and Industry Bank (EIB) for conducting business in an unsafe and unsound manner, in violation of the PDIC charter and the General Banking Law (GBL) of 2000.

[DatePublished] => 2013-05-11 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 940583 [Title] => Exportbank execs face criminal raps [Summary] =>

The Philippine Deposit Insurance Corp. filed on Thursday criminal charges against executives of the closed Export and Industry Bank for violating the PDIC Charter and the General Banking Law of 2000.

[DatePublished] => 2013-05-10 15:00:03 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1422137 [AuthorName] => Jovan Cerda [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 873605 [Title] => BSP allows thrift banks to go into cross selling [Summary] =>

Thrift banks will soon be allowed to offer investment products under revised regulations set to be unveiled by the Bangko Sentral ng Pilipinas (BSP) to “open up” the “restrictive” practice of cross-selling.

[DatePublished] => 2012-11-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 762569 [Title] => BSP extends regulatory relief to small firms [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has extended a regulatory relief exempting micro and small-enterprises from the submission of documentary requirements to secure bank loans for another three years.

[DatePublished] => 2011-12-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 751664 [Title] => BSP looks anew at raising P150-K cap on microfinance loans [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) is looking anew at the possibility of raising the existing limit on microfinance loans that is currently pegged at P150,000 in its bid to enable banks with microfinance operations to provide services to an even wider range of clients and to deliver financial services to more unserved markets.

[DatePublished] => 2011-11-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 690735 [Title] => Microfinance loans breach P7-billion level [Summary] =>

Loans extended by banks engaged to the microfinance sector have breached the P7-billion level as financial institutions continue to move out of urban areas in Luzon to far-flung areas in the Visayas and Mindanao.

[DatePublished] => 2011-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 689431 [Title] => Passage of BSP charter amendments pushed [Summary] =>

The House of Representatives is pushing for the immediate enactment of the proposed changes to the charter of the Bangko Sentral ng Pilipinas (BSP) to give the central bank more power in regulating banks in light of the closure of Aguirre-owned Banco Filipino Savings and Mortgage Bank.

[DatePublished] => 2011-05-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 656828 [Title] => Malayan Bank unit to operate as quasi-bank [Summary] =>

The Bangko Sentral ng Pilipinas (BSP) has given a unit of Malayan Bank the greenlight to operate as a quasi-bank giving it alternative financing options to boost its operations through more funds for relending or purchasing of receivables.

[DatePublished] => 2011-02-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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