Explain the history of banking system in the Philippines

Answers

Answer 1

The correct answer to this open question is the following.

The short Explain the history of the banking system in the Philippines is the following.

We can begin the history of the banking system in the 1500s when some religious Spanish congregations arrived at the Philipines to evangelize and colonize the territory.

We could say that after some loan houses, the first truly bank institution was the Spanish Bank or Banco Filipino de España, created around the 1850s. It was located in Manila, the most important city of the Philipines.

Some European financial institutions tried to enter the Philippines at the end of the 1800s.

The Bank of the Philippines started operations in 1912 as a more solid financial institution. In 1916, another financial institution appeared: the National Bank of the Philippines.

On January 3, 1949, the Philippines has its first central bank that helped to regulate the entire monetary and financial system on the island.

A reformation of the Philippine legislation allowed the modernization of the new Central Bank on July 3, 1993.

Today the banks in the Philippines have rural and cooperative banks, commercial banks, and thrift banks. Among the most important banks in the Philippines, we find the Banco de Oro, Land Bank of the Philippines, and the Metropolitan Bank and Trust.


Related Questions

What would happen if the government released a nuclear bomb?

Answers

Answer:

Depends where it would released. If it was released on its own country with no reason it would kill lots of its citizens and people would start a war against the government.

Explanation:

If the government released a nuclear bomb it probably would kill everyone

What impact do political parties have on society, government, or the political system

Answers

Did you know I had a apple to day and it was really good

In both Japan and China, A elections are not free or fair B. only one political party is allowed C. there is no freedom of speech D women face discrimination Please select the best answer from the choices provided Ο Α B OD​

Answers

Answer: B

Explanation:

Japan backs a democracy after ww2 so that means the people can vote. China is communist and does not listen to its people

Correct Answer: D : Women Face Discrimination

Explanation:

The Explanation is: Rapid modernization has enabled China to provide its citizens with improved living standards and increased economic opportunities. Yet this process has yielded uneven gains between men and women. Pronounced wage gaps and imbalanced political representation are just two of the many issues hindering gender equality in China. Working to address these inadequacies is essential for China as it continues its socio-economic development.China’s constitution guarantees women “equal rights with men in all spheres of life,” and over the last several decades, women in China have enjoyed some notable gains. Life expectancy and literacy rates, for instance, have risen as China’s economy has developed. This progress, however, have been outpaced by the rest of the world. China’s ranking in the index fell sharply from 63rd out of 115 countries in 2006 to 103rd out of 149 countries in 2018.Access to healthcare and positive health outcomes are key measures of gender equality. Similar to other developing countries, as China has grown richer its citizens have enjoyed a higher life expectancy. Chinese women born in 2016 can expect to live 77.8 years, an increase of 4.2 years from 2000 and 9.5 years from 1980. While female life expectancy in China has surpassed the global average since 1970, it still falls short of high-income neighbors like Japan (87.1 years) and South Korea (85.2 years).

A country is dealing with a serious macroeconomic problem. The value of the
country's currency has dropped rapidly in recent months. Products that used
to sell for $10 now cost over $100 at stores. People who saved money for
years now have very little wealth, as their savings are worth much less than
before.
Which problem is this country dealing with?

a. a rapid growth in GDP
b. a low per capita GDP
c. a high unemployment rate
d. a high level of inflation

Answers

A HIGH LEVEL OF INFLATION

The country is dealing with a high level of inflation.

What does high inflation cause?

If inflation stays elevated for too long, it can lead to something economists call hyperinflation. This is when expectations that prices will keep rising fuel more inflation, which reduces the real value of every dollar in your pocket.

What does high inflation do to the economy?

As a result, the rate of inflation increases. Inflation is a sustained rise in overall price levels. Moderate inflation is associated with economic growth, while high inflation can signal an overheated economy. If economic growth accelerates very rapidly, demand grows even faster and producers raise prices continually.

Learn more about inflation here https://brainly.com/question/1082634

#SPJ2

Which sentence is an example of U.S. foreign policy?

The government sends military aid to an overseas crisis.
The government sends military aid to an overseas crisis.

The government operates national parks.
The government operates national parks.

The government sets the income tax rates.
The government sets the income tax rates.

The government sends convicted criminals to jail.

Answers

The government sends military aid to an overseas crisis.

What were the 3 main causes of the Russian revolution?

Answers

Low wages poor conditions while working and the poverty that was spreading around it

In the Kansas-Nebraska Act, the idea of popular sovereignty meant what?

Answers

Answer:

The Kansas-Nebraska Act was an 1854 bill that mandated “popular sovereignty”–allowing settlers of a territory to decide whether slavery would be allowed within a new state's borders

Explanation:

How was Taft's foreign policy different from
Roosevelt's foreign policy?

Answers

Answer:

"Roosevelt's foreign policy was more aggressive, and it was aptly titled the "big stick" policy. Taft, on the other hand, used the foreign policy strategy of what he termed Dollar Diplomacy. Rather than relying on the military to spread and protect American interests abroad, Taft relied on the financial strength of large corporations to extend American influence"

Explanation:

Checking Your Understanding
Chuc
Introduction: Match each term with its definition or description.
martyr
the first four books of the New
Testament
resurrection
a branch of a larger religious group
Gospel
one of the most influential leaders of the
early church
sect
someone who chooses to die rather
than to deny his or her beliefs
Paul
rising from death and coming back to life

Answers

First- gospel
Second- a branch
Third - testament

Answer:Martyr-someone snoozes to die rather then to deny his or her beliefs

Gospel-the first four books of the New Testament

Resurrection-rising form death and coming back to life

Sect- a branch of a larger religious group

Paul- one of the most influential leaders of the early church

Explanation:I just did it

HELPPPPPPPPPPPPPPPP

Answers

Answer:

Reason and evidence are the same as claims is not true about claims in argumentative writing. A claim is an experience that you and/or another person talks about happening. Reasons are what attempts to justify a claim. Evidence is what backs up your claim (Example: DNA/Forensic evidence, texts, emails, audio recordings, video recordings, etc.)

Explanation:

What are the differences of a republic and a democracy

Answers

Answer:

just tryna get point

Explanation:

thanks so much

The major difference between a democracy and a republic is that a republic is a form of government whereas a democracy is an ideology that helps shape how a government is run.

Which of the following is not an accurate statement about Slave Spirituals?
a. They allowed slaves to win favor with their masters, who found the songs entertaining and
delightful
b. They provided slaves with an outlet to express their feelings in songs.
C. They allowed slaves to practice Christianity.
d. They enabled slaves to communicate with each other in code.

Answers

C is the answer to your question

Please select an example of a musical review.
A.) Ain't misbehavin
B.) Ain't too Proud
C.) Camp Rock
D.) In Living Color

Answers

Answer: Ain’t Misbehaving. (A)

Explanation: A *revue is many acts, consisting of skits, songs, dancing and all. A musical has a plot, dialogue, and songs that fit with it. So, yeah Ain’t Misbehaving.

Praying this’ll help ya, god bless :D

What Japanese attack on Hawaii, a US territory, prompted the U.S. to enter World War II?

Answers

Pearl Harbor is the answer to the question

Answer:

what they said Pearl harbor

Why did Jefferson believe the country was ready for a “new revolution”?

Answers

EeeddssssAnswer:

Explanation:

What is the area of this triangle in the coordinate plane? 6 units² 8 units² 24 units² 48 units² A graph with a line connecting coordinates begin ordered pair 0 comma 6 end ordered pair and coordinates begin ordered pair 8 comma 0 end ordered pair
IMA GIVE BRAINLEST AND 20 POINTS!!!!!!

Answers

Answer:

24

Explanation:

It was on a K12 test and I got it right.

Answer: 24

Explanation: I took the quiz and got 100%  :) and here is proof.

What motivated Europeans to become indentured servants? A. Many people were trying to escape poverty and disease. B. They could make a lot of money during their years in service. C. Indentured servants were awarded plots of land after they were set free. D. People could improve their social status by becoming an indentured servant. If you get this right you get a brainliest

Answers

Answer:

Mhmm. I guess B.

Explanation:

I remember somewhere if you where a servant during those days when your trail was up you got your money.

People that are bulimic , when they purge do they lose a lot of weight?

Answers

Answer: While it is most common among young women, bulimia can affect women and men of all ages. When you’re struggling with the eating disorder, life is a constant battle between the desire to lose weight and the overwhelming compulsion to binge eat. You don’t want to binge—you know you’ll feel guilty and ashamed afterwards—but time and again you give in. After the binge ends, panic sets in and you turn to drastic measures to “undo” your overeating, such as taking laxatives, vomiting, or going for an intense run.

Explanation:

wait is it two beans in a pod or two beans in a pot

Answers

Answer:

two pots with 2 beans

Explanation:

What does Candy’s total revenue need to be for her to earn an accounting profit? Explain

Answers

Answer: $110,000

Explanation:

Accounting profit refers to the Revenue less the explicit expenses which are the actual expenses of the business.

In this scenario, the explicit costs/ expenses are:

= Rent + Wages + Supplies

= 15,000 + 45,000 + 50,000

= $110,000

With explicit costs of $110,000, Candy needs to make higher than this in revenue so that the revenue can cover these costs and then bring in an accounting profit.

Where do most Indians wind up living as settlers moved west ?

Answers

Answer:

Reservations!

Explanation:

Up north, in regions like Nebraska, CO, Montana. In reservations.

The Persians wanted revenge against the Greeks. Describe an
event in your own life or on the news where revenge was involved.
What was the outcome?

Answers

Answer:

Well we were down 8-0 in baseball the other day, so they thought they were gonna win. Well, I hit 2 home runs, (grand slam and 3 run), and then we scored some others. We won 10-8.

Explanation:

Which of the following was not a preventative measure used to keep African Americans from voting?
O poll taxes
O morality tests
O property ownership
O literacy tests
O DNA tests

Answers

Answer:

DNA tests

Explanation:

O DNA TEST


EXPLANATION

14. The state of Maine, required to complete the Missouri Compromise, was carved out of the territory
of which state?

Answers

Answer: In 1820, amid growing sectional tensions over the issue of slavery, the U.S. Congress passed a law that admitted Missouri to the Union as a slave state and Maine as a free state, while banning slavery from the remaining Louisiana Purchase lands located north of the 36º 30' parallel.

Explanation:

Help is homework correct answers ease and I will give you brainlist ​

Answers

Answer:

C

Explanation:

All knowing god knows everyone's thoughts

What condition contributed to the revival of learning during the high middle ages

Answers

Answer:

The Middle Ages was a period of history that came after the fall of Rome and before the Renaissance. The dates for this time period are roughly between 476 AD to 1400 AD.

Explanation:

Question 6 of 10
Which characteristic of globalization deals with the effects it has on workers
in different countries?
O A. Technology
O B. Resource distribution
O C. Labor markets
O D. Trade

Answers

the answer is c. Labor markets

What industry suffered the most from the expansion of railroad networks in the
1800s?

Answers

Answer:

The railroad shops across North America represented a large portion of the continent's industrial capacity. ... Railroads even helped shape the physical growth of cities and towns, as steam railroads and then electric street railways facilitated growth along their lines and made suburban living feasible.

Explanation: Please mark brainliest if can :)

In a free market economy, who is primarily
responsible for making economic decisions
about consumption, savings, and production?

Answers

Answer:

One of the most important characteristics of a market economy, also called a free enterprise economy, is the role of a limited government.

Explanation:

Most economic decisions are made by buyers and sellers, not the government. A competitive market economy promotes the (4) efficient use of its resources.

Brazil is a country in....​

Answers

Answer:

Brazil is a country in South America continent.

Answer:

South America

Explanation:

Brazil is a country in northern part of South America

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Solve the system of equations 2 + 2y = -20 and x + 3y = -27 by combining the equations. Prior to the attack on Pearl Harbor, how didJapan know which ships they needed toattack?A. They had an inside man working at Pearl Harbor and sendinginformation back to Japan.B. They had satellites up in space spying on Pearl Harbor.C. They sent tourists over to Hawaii to take pictures and gaininformation about Pearl Harbor. Which is generally true about guerrilla warfare? Question(01.01 LC)What should be added to 3 to make the sum 0? (1 point)a-3b-20d3 if f(x)= 5x -7, what is f(3)? Help please! ill mark brainliest if correct. please help i will give brainliest What should you do with a chemical burn?A. use butter on the burn, bandage, and send the employee home to restB. use ice on the burn, bandage, and send the employee to the hospitalC.do not touch the victim, keep the victim quiet and call for medical assistanceD. call for medical assistance and check the MSDS for emergency interventions help me please, i really don't understand!! 2 + ( x +24) + (2+x) = 40 find the value of x in drosophila melanogaster, the common fruit fly, curved wings "I" and purple eyes "r" are two linked recessive genes found on chromosomes 2. The dominant wild type alleles for those genes are long wings"L" and red eyes "R"a)describe the expected ratio of offspring in the f2 generation of these genes were located on different chromosomesb)the results in the f2 generation of these flies were: 40 long winged, red eyes; 40 curved winged, red eyes; 10 long winged, purple eyes, and 10 curved winged, red eyed. how many map units apart are the genes for curved wings and purple eye color? Please asap, ill give brainliest.. Which of the following represents the main difference between regional and urban planning?Enforceability Location and scopeRigidity Sustainability plz help me brainless CLratioCygnus has adividend cover ratioof 4.0 times and expectszero growth in dividends. The companyhas one million $1 ordinary sharesn issue and the market capitalization ofthecompanyis $ 50 millionAfter tax profits for next year is expected to be $20 million.What is the cost of equity capital? A school store has 1200 pencils and sells 25 per day the manager reorders when the number of pencils in stock is 650 The hot resistance of a 125V filament lamp is 500. Determine the current taken by the lamp and its power rating. How might the effect of jogging in place compare to walking in place? Sentence one: Describe how long ago you traveled and where.Remember:Use hace + specific time frame + que + verb.Include the transportation method you used to travel.Sentence two: Describe how you planned for and/or prepared for this trip and who went with you.Remember:Use one -car, -gar, or -zar verb in the preterite or imperfect tense.Use conmigo.Sentence three: Describe how you preferred to purchase the tripRemember:Use one stem-changing verb in the preterite.Sentence four: Describe the day of the trip.Remember:Use one regular verb in the preterite or imperfect tense.Sentence five: Describe how long it took to arrive at the destination.Remember:Use para.Use one regular or irregular verb in the preterite tense. PLS HELP IM TIMED!!!What percent of Qubec's residents speak French as their first language?60%70%80%90%