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What is Enhancing Bank Liquidation Framework about?

This document is the text of Republic Act No. 10846, which amends the Philippine Deposit Insurance Corporation Act (RA 3591) to strengthen the mandatory deposit insurance coverage system. Key points: - It declares the state policy to protect the banking system and depositing public through the Philippine Deposit Insurance Corporation. - The Corporation will have enhanced powers to promote a sound and stable banking system while enjoying fiscal and administrative autonomy. - The composition of the Boar

Author

reyna amor condes

Language

EN