Académique Documents
Professionnel Documents
Culture Documents
8791
• An Act providing for the
regulation of the organization
and operations of Banks, Trust
Entities and for other purposes.
THE GENERAL BANKING
LAW OF 2000
• Filipino stockholdings
• Filipino stockholdings
• Section 11 applies to Filipinos and
domestic non-bank corporations.
• individual equity participation should not
exceed 40% of the voting shares
FAMILY GROUPS AND RELATED INTERESTS
• No prohibition
• Full disclosure
DIRECTORS AND OFFICERS
• A. Composition of Board
• B. Meetings
• C. Qualifications
COMPOSITION OF BOARD OF DIRECTORS (BOD)