Creation of Philippine National Bank

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Act No. 2612.: Creation of Philippine National Bank

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Title Supreme Court: Creation of Philippine National Bank

Law: Act No. 2612.

Decision Date: Feb 4, 1916

The National Bank Act establishes the Philippine National Bank (PNB) with the power to prescribe its by-laws, transfer assets and liabilities from the Agricultural Bank, and provide loans secured by real estate mortgages and promissory notes, among other provisions.

national bank act

banking development

economic stability

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