Saturday 27 February 2021
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manilatimes - 9 days ago

Finance dept, groups: FIST to allow banks to lend more

The newly signed Republic Act 11523, or the “Financial Institutions Strategic Transfer Act” (FIST), will allow the Philippine banking industry to further support economic activities by lending more, according to the Department of Finance (DoF) and two major industry groups. In a statement on Thursday, Finance Secretary Carlos Dominguez 3rd said FIST’s passage within the [ ]


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