BSP rules on foreign ownership in banks

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Title Supreme Court: BSP rules on foreign ownership in banks

Law: Bsp Circular No. 96, S. 1995

Decision Date: Oct 31, 1995

BSP Circular No. 96, S. 1995 amends regulations to exclude the equity of multilateral financial institutions from the capital stock ownership calculations of non-Filipino citizens, facilitating foreign investment in the banking sector while ensuring developmental funding and international economic stability.

administrative law

banking regulations

capital stock

END