Offshore Banking and the Philippine Economy

Sicat, Gerardo P. Author_Email:

Philippine Journal of Development, 1984

Abstract: This article provides a background to the birth of offshore banking units (OBUs) in the Philippines, its operations and the factors affecting the positioning of financial offshore centers. It also discusses the issues confronting OBUs and its effects on domestic banks/banking technology. A short assessment of OBUs future is provided.

Keywords: banking system; offshore banking units; financial center (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:phd:pjdevt:jpd_1984_vol__xi_no__2-c

DOI: 10.62986/pjd1984.11.2c

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