An update on the effects of foreign bank entry on the performance of domestic universal and commercial banks in the Philippines

• Main Authors: Choco, Pearlyn Mei Palanca, Lim, Eric Chan, See, Jerald Graeme Chua, Zhou, Xiuming
• Format: text
• Language: English
• Published: Animo Repository 2012
• Subjects: Universal banks > Philippines; Banks and banking > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18516
• Institution: De La Salle University

Foreign bank presence in the Philippines has been increasingly evident. Global financial markets, financial insitutions and consumers have all felt the effects of foreign bank liberalization. The Foreign Bank Liberalization Act or Republic Act 7721 has been implemented to improve the banking industr...