RA 7906 (Thrift Banks Act of 1995) Section 15

Liberalized Branching Rules.

Section 15

SEC. 15. Liberalized Branching Rules. — Thrift banks shall have unrestricted branching right within the region, free from any assessment or surcharges required in setting up a branch, but tinder coordination with the Bangko Sentral which will have to assess that there are qualified personnel, control and procedures to operate the branch.

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CitationRA 7906 (Thrift Banks Act of 1995) Section 15 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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