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  • Assgnment in Finance

    Transféré par

    Carlo San Jose
    14 vues2 pages
    This document outlines the different types of banks in the Philippines including their number, capital requirements, functions, and examples. There are 5 main types of banks: universal banks, commercial banks, thrift banks, rural and cooperative banks. Universal banks have the highest capital requirement of 3 billion pesos and engage in universal banking activities like commercial, investment, and insurance. Commercial banks satisfy needs of sectors like agriculture and industry with a required capital of 2 billion pesos. Thrift banks provide mortgages and deposits with only 250 million pesos required. Rural and cooperative banks are community based and have the lowest requirement of 100 million pesos.

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    NEVER HAD BEEN BEFORE BECAUSE EVER TRYING HARD IS NEVER FELT BEFORE

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    This document outlines the different types of banks in the Philippines including their number, capital requirements, functions, and examples. There are 5 main types of banks: universal banks, commercial banks, thrift banks, rural and cooperative banks. Universal banks have the highest capital requirement of 3 billion pesos and engage in universal banking activities like commercial, investment, and insurance. Commercial banks satisfy needs of sectors like agriculture and industry with a required capital of 2 billion pesos. Thrift banks provide mortgages and deposits with only 250 million pesos required. Rural and cooperative banks are community based and have the lowest requirement of 100 million pesos.

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    © All Rights Reserved
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    14 vues2 pages

    Assgnment in Finance

    Transféré par

    Carlo San Jose
    This document outlines the different types of banks in the Philippines including their number, capital requirements, functions, and examples. There are 5 main types of banks: universal banks, commercial banks, thrift banks, rural and cooperative banks. Universal banks have the highest capital requirement of 3 billion pesos and engage in universal banking activities like commercial, investment, and insurance. Commercial banks satisfy needs of sectors like agriculture and industry with a required capital of 2 billion pesos. Thrift banks provide mortgages and deposits with only 250 million pesos required. Rural and cooperative banks are community based and have the lowest requirement of 100 million pesos.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme DOCX, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 2

    Cyril San jose

    BSBA11FA1
    TYPES OF
    BANK

    Universal
    Banks

    Commerci
    al Banks

    NO. OF
    BANKS

    MINIMUM
    CAPITAL/REQUIREMEN
    TS
    OUTSIDE
    INSIDE

    P 3.00
    billion

    21

    P 2.00
    billion

    20

    Thrift
    Banks

    20

    Rural and

    20

    P 250
    million

    P 100

    P 1.00
    billion

    25

    FUNCTIONS/NA
    TURE

    EXAMPLE
    S

    Universal
    banking is a
    combination of
    Commercial
    banking,
    Investment
    banking,
    Development
    banking,
    Insurance and
    many other
    financial
    activities
    It satisfies the
    financial needs
    of the sectors
    such as
    agriculture,
    industry, trade,
    communication,
    etc. That means
    they play very
    significant role in
    a process of
    economic social
    needs
    to provide their
    customers and
    users with
    mortgages, and
    to take deposits
    for banking
    conventions such
    as savings
    accounts. They
    also function in
    order to relieve
    the monopoly of
    national.
    are based on the

    Rizal
    Commercia
    l Banking
    Corporatio
    n
    Union Bank
    of the
    Philippines

    Cathay
    United
    Bank Co.,
    LTD. Manila
    Branch
    Shinhan
    Bank Manila
    Branch

    Village
    Bank, Inc.
    (A Thrift
    Bank)
    Metro-Cebu
    Public
    Savings
    Bank

    Malarayat

    Cyril San jose


    BSBA11FA1
    Cooperativ
    e Banks

    million

    million

    values of selfhelp, selfresponsibility,


    democracy,
    equality, equity
    and solidarity.

    Rural Bank,
    Inc.

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