+ Follow GENERAL BANKING ACT Tag
GENERAL BANKING ACT
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 885480
[Title] => CA junks gov’t bid to go after ex-AFP budget officer’s assets
[Summary] => The Court of Appeals (CA) has junked the government’s bid to run after the assets of retired military budget officer Lt. Col. George Rabusa, his wife and father-in-law, which are believed to be ill-gotten.
[DatePublished] => 2012-12-13 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1096875
[AuthorName] => Edu Punay
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[1] => Array
(
[ArticleID] => 828199
[Title] => Russian bank eyes entry into Phl
[Summary] => RosinterBank, one of the biggest financial institutions in Russia, is looking at the possibility of buying in to a local bank.
[DatePublished] => 2012-07-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 793126
[Title] => Supreme Court junks P101-million damage suit vs defunct paper
[Summary] => Businessman Alfonso Yuchengco has failed in his bid in the Supreme Court (SC) to collect P101 million from the owner of the now defunct daily newspaper Manila Chronicle.
[DatePublished] => 2012-04-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096875
[AuthorName] => Edu Punay
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[3] => Array
(
[ArticleID] => 725931
[Title] => Ombudsman starts probe on DBP behest loan case
[Summary] => The Office of the Ombudsman has found “enough basis” to proceed with the preliminary investigation of criminal charges filed against Roberto Ongpin and former officials of the state-owned banking institution who are being accused of questionably granting P660-million behest loans to a small firm in 2009.
[DatePublished] => 2011-09-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097363
[AuthorName] => Michael Punongbayan
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[4] => Array
(
[ArticleID] => 687784
[Title] => BSP execs deny graft raps over Banco Filipino closure
[Summary] => Officials of the Bangko Sentral ng Pilipinas (BSP) yesterday denied graft charges filed against them before the Department of Justice (DOJ) by top executives of Banco Filipino Savings and Mortgage Bank in connection to the bank’s closure last March.
[DatePublished] => 2011-05-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096875
[AuthorName] => Edu Punay
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 650185
[Title] => Tree crops development: A much ignored poverty reduction strategy?
[Summary] => Tree-crop development plays a key role in rural poverty reduction in Southeast Asia.
[DatePublished] => 2011-01-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1284856
[AuthorName] => Dr. Rolando T. Dy, Executive Director Center for Food and Agri Business University of Asia and th
[SectionName] => Agriculture
[SectionUrl] => agriculture
[URL] =>
)
[6] => Array
(
[ArticleID] => 512939
[Title] => RP microfinance sector ranks 3rd worldwide
[Summary] => The Economist Intelligence Unit (EIU), the business information arm of The Economist Group, ranked the Philippines third overall worldwide in terms of microfinance business environment.
[DatePublished] => 2009-10-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097197
[AuthorName] => Lawrence Agcaoili
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 241985
[Title] => BSP tightens rules on DOSRI loans
[Summary] => The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) has approved tighter guidelines on dealings of banks with their directors, officers, stockholders and related interests (DOSRI) under the provisions of the General Banking Act.
"We hope these regulations would curb excessive DOSRI lending which has been a major cause of bank failure," said BSP Governor Rafael Buenaventura.
"In addition, borrowers will be subject to better credit discipline which they might have avoided in the past by borrowing from related banks," he added.
[DatePublished] => 2004-03-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 215992
[Title] => BSP imposes 10% minimum CAR on financial institutions
[Summary] => The Monetary Board has decided to impose a 10 percent minimum risk-based capital adequacy ratio (CAR) on investment houses and financing companies. Banking sources this move will align the capital adequacy of quasi-banks with the rest of the banking sector.
The guidelines were approved by the Bangko Sentral ng Pilipinas (BSP) last week, setting the 10 percent minimum CAR on financial institutions that were not previously covered by this safety mechanism.
[DatePublished] => 2003-08-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 211205
[Title] => SEC to consult BSP on banks’ capital hike bids
[Summary] => In line with efforts to further tighten supervision of the financial sector, the Securities and Exchange Commission will consult first with the Bangko Sentral ng Pilipinas before approving requests for increase in capital by local banks.
SEC Chairman Lilia R. Bautista said the move is to ensure that banks are following the provisions of the General Banking Act (GBA) when increasing their capital level and to ensure the financial soundness of banks.
[DatePublished] => 2003-06-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
