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2003-06-16 To prohibit East Asia Capital Corporation |
from doing business in the Philippines and to place its assets and affairs under receivershipSeries of 2003 TO : All Banks and Non-Bank Financial Institutions under BSP Supervision |
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Pursuant to Section 30 of Republic Act No. 7653 (The New Central Bank Act), the Monetary Board, in its Resolution No. 834 dated 12 June 2003, decided to:
1. Prohibit East Asia (AEA) Capital Corporation (EACC), an investment house with quasi-banking authority, from doing business in the Philippines and to place its assets and affairs under receivership in accordance with Section 30 of R.A. No. 7653; and 2. Designate Mr. Tomas S. Aure, Jr. as receiver of EACC. The receivership took effect on 16 June 2003. ALBERTO V. REYES Deputy Governor 16 June 2003 |
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Photo Gallery |
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2008 CFI Awards |
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Rural Banking Week Celebration Golf Tournament |
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FMMRB Disclaims the White Paper Being Circulated |
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Client Satisfaction Survey for Licensing Management System of the Supervision and Examination Sector |
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Financial Reporting Package 2008 |
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BSP releases regulations on liquidity, market risk weighting |
