Rural Banks Creation, Organization, Operation

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Title 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.

rural banks

banking system

credit facilities

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