Granting the Monetary Authority Adequate… Section 2-C
Granting the Monetary Authority Adequate… Section 2-C
Section 2-C
SEC. 2-C. The Monetary Board may, at its discretion,
prescribe control ratios, ceilings, limitations, or other forms of
regulation on the different types of [contingent] accounts of banking
institutions and non-bank financial intermediaries performing
quasi-banking functions; as well as prescribe ceilings on yields from
the purchase of receivables or other obligations by such banking
institutions and non-bank financial intermediaries, or exempt particular
categories of transactions from such ceilings.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationGranting the Monetary Authority Adequate… Section 2-C (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
