Foreign Equity in Rural Banks Act

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Republic Act No. 10574: Foreign Equity in Rural Banks Act

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Title Supreme Court: Foreign Equity in Rural Banks Act

Law: Republic Act No. 10574

Decision Date: May 24, 2013

An act amending the Rural Bank Act of 1992 to allow up to 60% foreign equity ownership in rural banks, aimed at revitalizing the rural banking sector and enhancing access to financial services in rural areas.

foreign equity

rural banks

capital infusion

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