Ej Lopez
Ej Lopez

The newly enacted law liberalizing the banking industry “should” be a welcome respite to the abysmal economic and political news that we have been reading in the newspapers lately. The president signed into law Republic Act (RA) 10641, “An Act Allowing the Full Entry of Foreign Banks in the Philippines, Amending for the Purpose RA 7721”. The act was ratified on July 21, 2014.

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