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Aug 15, 2022Top 10 Banks in the Philippines According to Bangko Sentral Ng Pilipinas. The Central Bank of the Philippines or the Bangko Sentral ng Pilipinas (BSP) is the governing body that has been authorized by law through the provisions of the General Banking Act of 2000 1, to regulate all banks in the Philippines.These include all universal or commercial banks that offer the widest range of banking ...

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5 foreign banks shut down Philippine offices | Inquirer Business

American Express Bank and four other foreign institutions have shut down their offices in the Philippines as the financial woes in the United States and Europe prompted them to sell off their offshore assets. The Bangko Sentral ng Pilipinas said the asset sale was meant to help the financially troubled parent firms generate liquidity. ADVERTISEMENT

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