Philippine E-Journals

A Legislative Agenda for the Bankingand Finance Sector(BPI Position Paper)

Rolando Valenzuela

Discipline: Economics, Business

 

Abstract:

The Bank of the Philippine Islands (BPI)fully appreciates the wisdom of recastingthe financial system. We agree in principlewith institutional and policy reforms as ameans of achieving the broad objectives of

increasing competition, enhancing marketorientation, and strengthening financial intermediation.As a leading bank in the private sector,BPI has never hesitated to position itself in theforefront when supporting reforms of thegovernment in the area of banking andfinance.