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                    [Title] => BSP okays expansion of ABN Amro, StanChart
                    [Summary] => Two foreign banks, ABN Amro and Standard Chartered Bank, have gotten the go-signal of the Bangko Sentral ng Pilipinas (BSP) to expand their operations in the Philippines.


BSP Deputy Governor Alberto Reyes said ABN Amro was cleared of a legal problem involving its takeover and merger with Malaysian unit TA Bank Philippines Inc.


The BSP also approved the application of Standard Chartered Bank for a universal banking license.


                    [DatePublished] => 2001-07-16 00:00:00
                    [ColumnID] => 133272
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AMRO AND STANDARD CHARTERED BANK

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                    [Title] => BSP okays expansion of ABN Amro, StanChart
                    [Summary] => Two foreign banks, ABN Amro and Standard Chartered Bank, have gotten the go-signal of the Bangko Sentral ng Pilipinas (BSP) to expand their operations in the Philippines.


BSP Deputy Governor Alberto Reyes said ABN Amro was cleared of a legal problem involving its takeover and merger with Malaysian unit TA Bank Philippines Inc.


The BSP also approved the application of Standard Chartered Bank for a universal banking license.


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BSP okays expansion of ABN Amro, StanChart

July 16, 2001 - 12:00am

Two foreign banks, ABN Amro and Standard Chartered Bank, have gotten the go-signal of the Bangko Sentral ng Pilipinas (BSP) to expand their operations in the Philippines. BSP Deputy Governor Alberto Reyes said ABN...

Business