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You are here: Home News Blog Philippines News Blog Foreigners can now own up to 60pct of PH rural banks

Foreigners can now own up to 60pct of PH rural banks

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MANILA -- Foreign firms or individuals can now own as much as 60 percent of any rural bank in the country, following President Benigno C. Aquino III's signing of an amendment to the Rural Bank Act of 1992 into law.  


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