Probably not people in this list but look at these numbers: Minimum capitalization for selected bank types, according to BSP:
- local cooperative bank - 20M PHP. - national cooperative bank - 200M PHP. - rural bank - 2M-20M PHP, depending on location. According to the BSP, there are 2,011 rural banks in the entire country with combined deposits of 108.1B PHP, or a mean of 54M PHP per bank. Erwin Olario // +63917.894.6562 // OpenPGP keys: 3A93D56B<http://keyserver.ubuntu.com:11371/pks/lookup?search=0x5D427CCB882790461ACB0B9463A481CE3A93D56B&op=index> *Odoroki Farms* // +63922.894.6562 // NamNam Coco Palm Sugar - Healthy, Delightful & Eco-friendly <http://cocopalmsugar.sch.ph> // [email protected] 2009/5/4 Kelsey Hartigan Go <[email protected]> > Would you deposit your money to a bank that can't afford a $1M mainframe? > > 2009/5/2 thad <[email protected]> > > TCO of mainframe is very expensive and if banks in PH are still in >> legacy mainframe applications, most likely its hardware and apps are >> now out of vendor supports. New IBM mainframe will cost $1 million at >> least. >> >> >> >> On 5/1/09, Andre John Cruz <[email protected]> wrote: >> > most banks don't use UNIX-based or Windows Server-based systems for >> storing >> > account and transaction information; they use mainframes ;) >> > >> > >> > On Fri, May 1, 2009 at 7:14 PM, eric pareja <[email protected]> >> wrote: >> > >> > > Hi Orly, >> > > >> > > >> > > On Fri, May 1, 2009 at 7:05 PM, Orlando Andico <[email protected] >> > >> > wrote: >> > > >> > > > >> > > > But I have to ask the folks on this list (particularly the MySQL and >> > > > PostgreSQL advocates): would you deposit your money in a bank which >> > > > uses MySQL or PostgreSQL for their core banking system? >> > > > >> > > >> > > Would any of the average bank depositors know which database >> > > technology their bank uses and care which? How about banks that use >> > > dBase still? >> > > >> > > -- >> > > eric pareja ([email protected]) LPIC-2 | PGP/GPG Key 0xB82E42D9 >> > > Coordinator for Technology / Senior Linux Trainer >> > > National Telehealth Center, University of the Philippines Manila >> > > International Open Source Network - ASEAN+3 >> > > "Ang mundo ay aklat, at iisang pahina lamang ang nababasa ng hindi >> > naglalakbay." >> > > わかよたれぞ つねならむ >> > > >> > > >> > > >> > > _________________________________________________ >> > > Philippine Linux Users' Group (PLUG) Mailing List >> > > http://lists.linux.org.ph/mailman/listinfo/plug >> > > Searchable Archives: http://archives.free.net.ph >> > >> > >> > _________________________________________________ >> > Philippine Linux Users' Group (PLUG) Mailing List >> > http://lists.linux.org.ph/mailman/listinfo/plug >> > Searchable Archives: http://archives.free.net.ph >> > >> _________________________________________________ >> Philippine Linux Users' Group (PLUG) Mailing List >> http://lists.linux.org.ph/mailman/listinfo/plug >> Searchable Archives: http://archives.free.net.ph >> > > > > -- > Kelsey Hartigan Go > Registered Linux user #5998 > > _________________________________________________ > Philippine Linux Users' Group (PLUG) Mailing List > http://lists.linux.org.ph/mailman/listinfo/plug > Searchable Archives: http://archives.free.net.ph >
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