AN ACT AMENDING SECTION 8 OF REPUBLIC ACT NO. 7353, ALSO KNOWN AS THE RURAL BANKS OF 1992

AN ACT AMENDING SECTION 8 OF REPUBLIC ACT NO. 7353, ALSO KNOWN AS THE 'RURAL ACT OF 1992'

AN ACT STRENGTHENING RURAL BANKS IN THE PHILIPPINES AMENDING FURTHER FOR THE PURPOSE REPUBLIC ACT NO. 7353, OTHERWISE KNOWN AS THE RURAL BANKS ACT OF 1992, AS AMENDED

AN ACT STRENGTHENING RURAL BANKS IN THE PHILIPPINES, AMENDING FURTHER FOR THE PURPOSE REPUBLIC ACT NO. 7353, OTHERWISE KNOWN AS THE RURAL BANKS ACT OF 1992, AS AMENDED

AN ACT AMENDING SECTION 8 OF REPUBLIC ACT NO. 7353, ALSO KNOWN AS THE RURAL BANKS OF 1992

AN ACT ALLOWING FOREIGN EQUITY IN THE CAPITAL OF RURAL BANKS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7353, OTHERWISE KNOWN AS 'THE RURAL BANKS ACT OF 1992', AS AMENDED AND FOR OTHER PURPOSES

AN ACT ALLOWING INFUSION OF FOREIGN EQUITY IN THE CAPITAL OF RURAL BANKS, AMENDING REPUBLIC ACT NO. 7353, OTHERWISE KNOWN AS THE RURAL BANK ACT OF 1992, AS AMENDED AND FOR OTHER PURPOSES

RESOLUTION DIRECTING THE SENATE COMMITTEE ON BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE RECENT CLOSURES OF SEVERAL RURAL BANKS TO DETERMINE NECESSARY AMENDMENTS TO EXISTING BANKING LAWS FOR THE GREATER PROTECTION OF BANK DEPOSITORS, AND FOR OTHER PURPOSES

RESOLUTION URGING THE SENATE COMMITTEE ON BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES TO LOOK INTO WITH DISPATCH, IN AID OF LEGISLATION, THE MANNER BY WHICH THE PREVAILING RULES ON THE REGISTRATION AND SALE OF PRE-NEED PLANS UNDER THE SECURITIES REGULATION CODE OR REPUBLIC ACT NO. 8799 ARE BEING IMPLEMENTED, SPECIFICALLY IN RELATION TO THE ESTABLISHMENT OF TRUST FUNDS FOR SUCH PLANS BY BANKS AND INVESTMENT HOUSES DULY LICENSED BY THE MONETARY BOARD OF THE BANGKO SENTRAL NG PILIPINAS WITH THE END IN VIEW OF ENACTING LEGISLATIVE MEASURES TO ADDRESS THE PROBLEMS RESPONSIBLE FOR THE CLOSURE OF CERTAIN RURAL BANKS AND PRE-NEED COMPANIES

RESOLUTION DIRECTING THE APPROPRIATE SENATE COMMITTEE TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, INTO THE ALLEGED FAILURE OF REGULATION BY THE BANGKO SENTRAL NG PILIPINAS OVER RURAL BANKS SPECIFICALLY IN RELATION TO THEIR ENGAGEMENT IN ILLEGAL BANKING ACTIVITIES AND MASSIVE DIVERSION OF FUNDS WHICH LED TO THEIR COLLAPSE, WITH THE END IN VIEW OF ENACTING APPROPRIATE MEASURES TO PROVIDE PROTECTION TO THE PUBLIC

RESOLUTION DIRECTING THE COMMITTEE ON BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES, TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE CLOSURE OF G7 BANK (RURAL BANK OF NABUA, INC.) WITH THE END IN VIEW OF CRAFTING REMEDIAL LEGISLATION TO PROTECT THE DEPOSITORS AND RESTORE PUBLIC CONFIDENCE IN THE BANKING SYSTEM AND FOR OTHER LEGISLATIVE PURPOSES

RESOLUTION EXPRESSING THE SENSE OF THE SENATE THAT IT IS IMPERATIVE UPON THE DEPARTMENT OF JUSTICE TO ACT WITH DISPATCH AND EXPEDITIOUSLY RESOLVE ALL CASES FILED AGAINST CELSO DELOS ANGELES AND OTHER OFFICERS OF THE LEGACY GROUP OF PRE-NEED COMPANIES AND RURAL BANKS SO THAT JUSTICE IS SERVED TO ALL INJURED LEGACY PLANHOLDERS AND DEPOSITORS