Offshore Banking and the Philippine Economy |
Contents
Background to the birth of offshore banks p | 8 |
Performance of OBUS p | 15 |
The future of offshore banks p | 31 |
1 other sections not shown
Common terms and phrases
approved ASEAN Asian banking activity banking powers base benefits capital cent Central Bank Chase Manhattan Bank Chemical Bank Citibank commercial banking competition corporate country's Credit Lyonnais currency swaps debt crisis domestic banking sector domestic economy ECONOMY By Gerardo effect establishing offshore banks establishment of offshore factors FCDU FCDU's financial centers financial crisis financial institutions financial market Financial Offshore Centers foreign banks foreign branch banks foreign currency deposits foreign exchange foreign trade full branch banking growth of offshore Hence Hongkong and Singapore infrastructure Int'l INTERBANK TRANSACTIONS international banking larger lending LOANS TO NON-BANK Manila million multinational Offshore bank operations OFFSHORE BANKING SYSTEM offshore banking units ONSHORE TRANSACTIONS peso petrodollar Philippine banks Philippine domestic banks Philippine economy Philippine National Bank Philippine OBU's Philippine offshore placements reciprocity reduced region relative requirements return on assets role Sicat Singapore and Hongkong South Korea sovereign risk tax incentives telecommunications trade financing