Which is not true about bank classification in the Philippines? The Bangko Sentral ng Pilipinas cannot create an individual savings account. A Universal bank can also exercise the powers of Investment house and investment in non-allied enterprises but not of the powers of commercial bank. Cooperative Banks include cooperative rural banks.

Which is not true about bank classification in the Philippines? The Bangko Sentral ng Pilipinas cannot create an individual savings account. A Universal bank can also exercise the powers of Investment house and investment in non-allied enterprises but not of the powers of commercial bank. Cooperative Banks include cooperative rural banks.

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter8: Subprime Lending Fiasco-ethics Issues

Section: Chapter Questions

Problem 7.3EC

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