{
    "success": true,
    "data": {
        "id": 1041585,
        "msgid": "bdni-in-philippines-1447893297",
        "date": "1996-02-06 00:00:00",
        "title": "BDNI in Philippines",
        "author": null,
        "source": "",
        "tags": null,
        "topic": null,
        "summary": "BDNI in Philippines MANILA (AFP): Two Indonesian and Hong Kong banks have recently been given permission to expand operations in the Philippines, the Central Bank said. The Central Bank said Sunday that its policy-making body, the Monetary Board, recently approved the applications of Dao Heng Bank Inc. and Bank Dagang Nasional Indonesia (BDNI) to expand its representative offices to offshore banking units.",
        "content": "<p>BDNI in Philippines<\/p>\n<p>MANILA (AFP): Two Indonesian and Hong Kong banks have recently<br>\nbeen given permission to expand operations in the Philippines,<br>\nthe Central Bank said.<\/p>\n<p>The Central Bank said Sunday that its policy-making body, the<br>\nMonetary Board, recently approved the applications of Dao Heng<br>\nBank Inc. and Bank Dagang Nasional Indonesia (BDNI) to expand its<br>\nrepresentative offices to offshore banking units.<\/p>\n<p>Dao Heng is 40 percent Filipino-owned and 60 percent by Dao<br>\nHeng Bank Ltd., a subsidiary of Hong Kong's third largest bank,<br>\nthe Dao Heng Bank Group Ltd.<\/p>\n<p>It has also been allowed to operate an expanded foreign<br>\ncurrency deposit unit, the Central Bank added.<\/p>\n<p>Central Bank governor Gabriel Singson said that with the<br>\nestablishment of BDNI, the second Indonesian offshore banking<br>\nunit in the country, trade and investments between the<br>\nPhilippines and Indonesia would be enhanced.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bdni-in-philippines-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}