Banks in Distress and Remedies for Closed Banks
Автор: CICERo*
Загружено: 2024-07-26
Просмотров: 125
Описание:
Title: Understanding Banks in Distress and Remedies for Closed Banks under The New Central Bank Act
Description:
Join us as we delve into the crucial sections of The New Central Bank Act (R.A. No. 7653, as amended by R.A. No. 11211) that address how banks in distress are handled in the Philippines. This presentation covers Sections 29-30, focusing on the processes of receivership, insolvency proceedings, and liquidation of closed banks. Learn about the roles and responsibilities of the Bangko Sentral ng Pilipinas (BSP) in ensuring financial stability and protecting depositors and creditors.
Disclaimer:
This video is intended for educational purposes only and does not constitute legal advice. For specific legal concerns, please consult a qualified legal professional.
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