Philippines lifts 17-year ban on bank licences to lure investors


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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Business , Philippines , banks

   

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