PHILIPPINES PRESS -Entry of more foreign banks eyed - Inquirer

Tue Feb 18, 2014 7:16pm EST

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The monetary authority is set to ask Congress for new legislation that would open up the local banking sector to more foreign players ahead of the planned integration of financial markets of Southeast Asian nations, Philippine Daily Inquirer reported.

(link.reuters.com/vac96v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila newsroom; Editing by Subhranshu Sahu)

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