Practice question
Which is expressly a thrift-bank component under section 3.2?
- Only stock exchanges
- Only insurance brokers
- Savings and mortgage banks
- Only pawnshops
- Only payment-system operators
Legal references
- https://lawphil.net/statutes/repacts/ra2000/ra_8791_2000.html — RA 8791, sections 3 and 6
- https://www.bsp.gov.ph/Regulations/Issuances/2020/c1105.pdf — BSP Circular 1105 (2020), digital-bank classification
Answer this question in flashcards to review your response and continue practicing.