BSP Circulars BSP Circular No. 115BSP Circular No. 115 1996-10-11T00:00:00.000+08:00

Inclusion of a holding company as a financial undertaking of expanded commercial banks

CIRCULAR NO. 115 Series of 1996

The Monetary Board, in its Resolution No. 820 dated August 14, 1996, approved the inclusion of a holding company as a financial allied undertaking of expanded commercial banks provided that the investment of such holding company are confined to the equities of allied undertakings and/or non-allied undertaking of expanded commercial banks allowed under existing Bangko Sentral ng Pilipinas regulations.

This Circular shall take effect immediately.

FOR THE MONETARY BOARD:

EDGARDO P. ZIALCITA Officer-in-Charge

打开发布机构原始记录 ↗

同类文件 BSP Circulars

想要这份文件的分析?

让 ASG 法律 AI 为你总结、与其他判例对比,或说明它如何适用于你的情形 — 它检索的正是同一个数据库。