0 évaluation0% ont trouvé ce document utile (0 vote)
493 vues2 pages
The document discusses the banking system of the Philippines. It covers the following key points:
1. The Philippine banking system is regulated by the General Banking Law of 2000 and consists of seven categories of banks overseen by the central bank, Bangko Sentral ng Pilipinas.
2. Universal banks have the broadest scope of services while rural and cooperative banks primarily serve farmers and small merchants in rural areas.
3. The banking sector has experienced periods of growth but remains vulnerable due to high levels of non-performing assets, resulting in slow lending that can drag down the broader economy. Strengthening banking stability and improving regulatory frameworks are ongoing priorities.
The document discusses the banking system of the Philippines. It covers the following key points:
1. The Philippine banking system is regulated by the General Banking Law of 2000 and consis…