Amendments to General Banking Act 1980

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BATAS PAMBANSA BLG. 61: Amendments to General Banking Act 1980

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Title Source: Supreme Court: Amendments to General Banking Act 1980

Law: Batas Pambansa Blg. 61

Decision Date: Apr 30, 1980

The amendments to the General Banking Act in the Philippines introduce new regulations and supervision for banking institutions, including the inclusion of entities engaged in lending funds or purchasing receivables under the regulation of the Monetary Board, and the classification of banking institutions into commercial banks, thrift banks, and rural banks.

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