MANILA: The Philippines will phase out a 17-year moratorium on setting up new banks in a bid to lure local
investors to an industry that’s also recently opened to foreigners.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!