Results 11 to 20 of 36
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October 24th, 2006 01:20 PM #11
Will definitely vote this one for national office post kung sakaling ma-i-pass nya to... At least he is doing his job as a lawmaker... hindi kagaya ng ibang tongressman jan na puro pa-cute ang alam....
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October 24th, 2006 01:33 PM #13
payroll ko account ko nag earn na ng interest for 1 year - P 3.00 :D
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October 25th, 2006 04:47 AM #15
Ano bang bangko ang nagbibigay ng pinakamataas na iterest para sa SA?
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October 25th, 2006 04:59 AM #16
All banks are governed by the rule of law. Otherwise they will be screwing people over their money.
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October 25th, 2006 05:24 AM #17
BMS savings bank and Ibank yields higher interests than Metrobank and BPI. yi lang po.
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October 25th, 2006 09:50 AM #18
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October 25th, 2006 10:01 AM #19
I'd propose a better measure if you really want to protect depositors. Instead of requiring that banks pay interest on savings or current deposits, I'd require them to pay a tax equivalent to the interest they charge for consumer loans (housing, auto loan, etc.), with the exception of commercial or business loans. Why does this protect depositors? It makes sure that the banks don't charge to high an interest for loans as against the interest they pay for deposits (which is next to nothing). The tax should be peso-for-peso, meaning, if the bank imposes a 32% interest for a 5-year term on a P1M loan, then for the P320,000 interest they earn, they also pay P320,000 in taxes. The measure can also impose a threshold wherein at a certain interest rate, i.e. below 10%, the banks would not be subject to the extraordinary interest income tax.
Just my thoughts.
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October 25th, 2006 10:12 AM #20
You may have misinterpreted my post. I was reacting to the post that lawmakers should not mess with banks. But there are existing banking laws.
Yes it is probably true that they are already screwing people over. But then, walang manloloko kung walang magpapaloko.
I've always treated banks as keepers or lenders, not as savings vehicles.
Be careful with channels like "China Observer" on YouTube. There is a clear bias in their posts and...
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