Beruflich Dokumente
Kultur Dokumente
37
16.03.31
PRE-APPROVAL
1. The application for authority to application are, as follows:
establish a bank shall be submitted to the a. Agreement to organize a bank.
Office of Supervisory Policy Development b. For each individual Filipino/non-
(OSPD) in two (2) copies. Filipino incorporators, subscribers,
2. The required papers/documents and proposed directors and principal officers:
other information in support of the
1
For foreign corporate subscribers, items 1, 2 and 11 should be duly consularized by the Philippine Consulate
Officer or authorized officer of the Philippine Representative Office in the country of origin
2
For Foreign bank subscriber other than those entering via R.A. No. 7721, as amended by R.A. No. 10641
1
For foreign corporate subscribers, items 1, 2 and 11 should be duly consularized by the Philippine Consulate
Officer or authorized officer of the Philippine Representative Office in the country of origin
2
For Foreign bank subscriber other than those entering via R.A. No. 7721, as amended by R.A. No. 10641
3
http://www.bsp.gov.ph/downloads/Regulations/guidelines/guidelines%20for%20banks.pdf
bank shall be subject to the limits prescribed a. Complete the establishment of the bank
under Subsec. X141.1. premises, with the minimum security
5. No appointive or elective public official, measures under Subsection X181.4 and the
whether full-time or part-time shall at the requirements under Batas Pambansa
same time serve as officer of a bank except Blg. 3441 and Republic Act No. 99942;
in cases where such service is incident to b. Effect and complete the recruitment and
financial assistance provided by the hiring of officers and employees of the bank;
government or a government-owned or c. Attend the briefing on Bangko Sentral
-controlled corporation (GOCC) to the bank reportorial requirements conducted by the
or in cases allowed under existing laws. appropriate department of the Bangko
6. The proposed directors and officers of the Sentral together with the relevant officers
bank shall be subject to qualifications and of the bank;
other requirements under Sections X141 and d. Submit the following documentary
X142. requirements at least thirty (30) days before
7. The disqualifications of directors and the scheduled start of operations:
officers prescribed under Section X143 shall (1) Proof of registration of articles of
also apply. incorporation and by-laws with the SEC;
(2) Notarized Certification signed by all the
POST APPROVAL directors stating that
1. Within thirty (30) days from receipt of i. All the conditions of the approval to
advice of approval by the Monetary Board establish the proposed bank have been
of their application for authority to establish complied with;
the bank, the organizers shall: ii. The manual of operations embodying the
a. Submit the proposed articles of policies and operating procedures of each
incorporation, by-laws and treasurers department/unit/office, covering all risk
sworn statement in four (4) copies; areas of the proposed bank have been
b. Deposit with any KB (for KBs and TBs) prepared;
and any bank (for RBs) the initial paid-up iii. The necessary bond policy on custodial
capital of the proposed bank; officers and insurance policy on bank
c. Pay the applicable license fee at the properties required to be insured have been
Bangko Sentral Cash Department, net of the obtained;
previously paid application fee; and iv. All pre-operating requirements under
d. Proof of inward remittance of capital, in existing laws and regulations, which include
the case of foreign subscribers. among others, (a) use of business name,
2. Within sixty (60) days after the articles (b) posting of schedule of banking days and
of incorporation and by-laws had been hours, notice to depositors on clearing cut-
passed upon by the Office of the General off time, and disclosure statement on loan/
Counsel and the corresponding certificates credit transaction, (c) Batas Pambansa Blg.
of authority to register had been issued, the 344 and Republic Act No. 9994;
organizers shall effect the filing of said (d) minimum security measures; and
documents with the SEC. (e) publication of consumer assistance
3. Within one year from receipt of advice management system have been complied
of approval by the Monetary Board of their with; and
application for authority to establish the v. No person who is the spouse or relative
bank, the organizers shall: within the second degree of consanguinity
1
An Act to Enhance the Mobility of Disabled Persons by Requiring Certain Buildings, Institutions, Establishments
and Public Utilities to Install Facilities and Other Devices
2
An Act Granting Additional Benefits and Privileges to Senior Citizens