General Banking Law of 2000 in the Philippines

As bank regulators have tried to reduce overall risk by raising capital requirement, banks have moved assets off their balance sheets and tried to replace ______ income with fee income.

In these efforts, banks attempt to be more like insurance brokers, realtors and investment bankers competing with a broader range of firms in more ______ markets.

As capital becomes increasingly costly or impossible to obtain, individual firms are forced to ______ to continue operations.

Bankers now compete directly in ______, product offerings and service.

The range of deposit products is much ______ than what was previously available.

Deposit services are often priced to encourage customers to conduct the ______ of their banking business with one firm.

As bank funding costs increased, competition for ______ put downward pressure on loan yields and interest spreads over the cost of bank funds.

High quality corporate borrowers have always had the option to issue ______ or long-term bonds rather than borrow from banks.

Small- to medium-sized banks continue to concentrate on ______ but seek to strengthen customer relationships by offering personal service.

Once the exclusive domain of banks and other depository institutions, the nation's ______ has become highly competitive.

Many analysts argue that the future delivery of banking services will not take place in the ______ of a bank building but rather through smart cards, ATM networks and the Internet.

Banks and their affiliates offer many ______ in addition to deposits and loans.

Times may need to stop the loss of ______

The external environment, evidenced by volatile economic conditions, new ______ and technological developments, creates the opportunity for innovation

Innovation in delivery systems normally takes the form of new technological ______ to facilitate funds transfers

Banks popularized ______ and POS terminals in retail outlets

More recent innovations include the development of ______ cards, home banking networks and Internet banking

Universal and commercial banks represent the largest single group, ______-wise, of financial institutions in the country.

In addition to the function of an ordinary commercial bank, universal banks are also authorized to engage in underwriting and other functions of ______, and to invest in equities of non-allied undertakings.

Thrift banks are engaged in accumulating savings of depositors and ______ them.

Thrift banks also provide short-term working capital and medium- and long-term financing to businesses engaged in agriculture, services, industry and housing, and diversified financial and ______ services.

Thrift banks provide financing to their chosen markets and constituencies, especially ______- and medium- enterprises and individuals.

Existing rural banks (RBs) as defined in R.A.No. ______ are also classified as a type of bank.

R.A. 8791 is also known as the General Banking Law of ______

Foreign banks are allowed to acquire up to 100 percent of the voting stock of an existing bank within ______ years after the effectivity of the Act

There is a three-year moratorium on the establishment of commercial banks to hasten the ongoing consolidation process in the ______ system

Stricter rules govern bank exposure to directors, officers, stockholders and related interests (DOSRI), including investments of the bank in enterprises owned or controlled by said ______

Application of fit-proper rule test for a director or officer to hold said position in a ______

The Monetary Board is empowered to disqualify, remove or suspend a director or officer for acts or omissions that render him unfit for the ______