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11 Cards in this Set
- Front
- Back
First bank. Its purpose is more on loan association. |
Rodriguez Bank (19th Century) |
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First state bank |
Banco Español-Filipino de Isabel II (1851) |
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Opened a branch in Manila and later on in Cebu and Iloilo |
Chartered Bank of India, China, and Australia (1872) |
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opened it's branch in the country in 1873 |
British-Orient Bank |
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Established it's Manila branch in 1875 |
Hong Kong and Shanghai Banking Corporation |
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First mutual savings bank in the country |
Monte de Piedad y Caja de Ahorros (1882) |
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First agricultural bank |
Postal Savings Bank (1906) |
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In what year Banco Español- Filipino de Isabel II changed it's name to Bank of the Philippine Islands |
1912 |
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The year assets and liabilities we're transferred to Philippine National Bank |
1916 |
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When was Central Bank of the Philippines created? |
Three years after the American Regime |
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Why BSP was created? |
• manage the monetary systems in Philippines • issue public's new paper money • regulate and supervise the banking system of the country |