Rural Banks Creation, Organization, Operation

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Republic Act No. 7353: Rural Banks Creation, Organization, Operation

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Title Source: Supreme Court: Rural Banks Creation, Organization, Operation

Law: Republic Act No. 7353

Decision Date: Apr 2, 1992

The Rural Banks Act of 1992 promotes rural development and equitable distribution of opportunities by establishing a banking system that provides accessible credit facilities to farmers, merchants, and cooperatives in the Philippines, while also setting qualifications and prohibitions for directors and officers of rural banks.

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