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

Before 1154 AD, did England have a united set of laws and justice? How do you know?

Answers

Answer:I n the mid-1230s, the rulers of England were confronted with a problem concerning. Church law legitimized children born out of wedlock whose parents subsequently married. English lay law did not legitimize such children.

Explanation:

How did Hitler's time in prison help him win support for his cause?
A. During his time in prison, he met several influential politicians who helped him gain more support.
B. Many reporters stopped by the prison to interview him and spread his message throughout Germany.
C. Others become away of him and his cause, so he was considered a celebrity when he got out.
D. He used his time in prison to write a play about his experience and explain how the Nazi Party could create change.

Answer: C. Others become away of him and his cause, so he was considered a celebrity when he got out.

Answers

Answer:

C) Others became aware of him and his cause, so he was considered a celebrity when he got out

Explanation:

I just took a test with this question on it and got it right.

Hope this helps! :)

PLEASE ASNWER ASAP

Which of these was one of the reasons for the economic downturn of 1873?

A. Political scandals in the Grant Administration

B. Reconstruction was ended by President Hayes

C. The inflation that spiked the Civil War did not go down after the war

Answers

Answer:

B correct me if I'm wrong though

How were traditional religions in Africa different from Christianity

A. They were monotheistic.
B. They practiced ancestor worship.
C. They had several holy books.
d.They had no deities.
Pls right answer no wrong answer

Answers

Answer: The correct answer is B, they practiced ancestor worship.

Explanation: Traditional religions in Africa were different from Christianity because in Africa, people believed that if they made sacrifices and practiced ancestor worship, their loved ones would always be watching over them. Africans were not monotheistic, they believed that it was their loved ones who kept them shielded in hard times. They were agnostic, meaning they do not believe in a deity, and that there were no supernatural beings that could provide for them. Instead, ancient Africans chose to believe that their loved ones’ lives had a continuous existence, and that even though they die literally, they are there spiritually. With this being said, Christianity is a monotheistic religion in where we believe in the teachings of Jesus Christ, and that we shall follow through according to the instructions of the Bible, which basically gives us a key to Heaven. This is how traditional religions in Africa were different from Christianity.

Alcohol, was at the time as important a beverage in the colonies as it was to Brits living in Britain to allow the British to tax a near universal product set a precedent that Britain could tax whatever they wanted.

True or false

Answers

Answer:

True po answer nyan thanks me later

True

Just had that question in my exam yesterday XD

The graph shows changing population statistics during the early part of the twentieth century.

A line graph showing African American Population by Region, 1900 to 1930 comparing the Midwest to Northeast. X axis is years 1900, 1910, 1920, 1930. Y axis is Population in increments of 500,000 starting at 0 and ending at 1,500,000. In 1900 and 1910 both regions were around 500,000. In 1920 both grew to around 750,000, and in 1930 both were close to 1,250,000.

By the 1930s the African American population of the Midwest and Northeast

had more than tripled since 1900.
had more than doubled since 1900.
had increased by half since 1900.
had remained the same since 1900.

Answers

Answer:

By the 1930s the African American population of the Midwest and Northeast  had more than doubled since 1900.

Explanation:

Given that the African-American population in the Midwest and Northeast was 500,000 people in 1900, and rose to 1,250,000 by 1930, to determine the percentage by which said population increased, the following calculation must be performed:

500,000 = 1

1,250,000 = X

1,250,000 x 1 / 500,000 = X

2.5 = X

Thus, the African American population in those regions had more than doubled during that period of time.

The 16th says your _____ will be taxed by the government. In general, the_____ money you earn , the _____ money you will pay in taxes.

Answers

Income, more, more :)

I need help with this question please

Answers

Answer:

I am pretty sure it's C

Explanation:

Answer:

D.) cigarettes, chewing tobacco, and snuff

its the most complete

50 points!! The Venn diagram below shows some services provided by state and local governments which service completes the venn diagram

A) regulating taxicabs
B) creating a police force
C) issuing drivers license
D) regulating savings banks

Answers

Answer:

b fosho

the public fund the police

Explanation:

Answer:

b or d

Explanation:

NEED NOW
John Deere invented the

Steam engine
Steel Plow
Reaper
Electric telegraph

Answers

Answer:

Steel plow

Explanation:

invented in 1837.

once you have tied the overhand knot, what should you do?

Answers

Answer:

Form a loop with the end of the rope. ...

Tuck the end of the rope through the loop. ...

Holding onto the end of the rope, pull the knot tight. ...

Use the overhand knot as a simple stopper. ...

Undo the knot by pushing both ends of the rope closer together

Read the sentence below and answer the question that follows.


Hutu -supremacy- over Tutsi people contributed to the ethnic conflict between the two groups.The word with the - in the sentence above can best be defined as

A. the state of being the most powerful

B. the intentional and organized killing of a group of people based on their ethnicity, race,
religion, nationality, or other trait

C. the extension of power of one nation over another, often by territorial acquisition

D. patriotism or devotion to one's country

Answers

Answer: A. the state of being the most powerful

Explanation:

Supremacy is the state of being the most powerful. It simply means having the highest authority and limitless power.

Option B is incorrect as the intentional and organized killing of a group of people based on their ethnicity, race, religion, nationality, or other trait is refered to as genocide.

Option C is incorrect as the extension of power of one nation over another, often by territorial acquisition is refered to as imperialism.

Option D is incorrect as the devotion to ones country isn't supremacy.

Therefore, the correct option is A.

Answer:

A the state of being the most powerful. ;)

Explanation:

Which best explains the purpose of the Ninth Amendment? to ensure personal rights not stated to prevent independent choices to protect personal properties to define specific personal rights

Answers

     In the history of the United States, the constitution which serves as the binding document of the country has been amended 27 times.

    One of such amendments which is aimed at promoting personal rights is the ninth amendment.

The ninth amendment

       The ninth amendment to the constitution of the united states which is part of the bill of rights affirms the right of the people which are not specifically enumerated in the Constitution.

   

     The ninth amendment which was  proposed by congress in 1789 and later ratified  states thus "The enumeration in the constitution, of certain rights, shall not be construed to deny or disparage others retained by the people"

   

     The American founders thought it important to to include this because  future generations might argue that, because a certain right was not listed in the bill of rights, it did not exist.

     According to the question, the correct option is that the ninth amendment ensures personal rights which were not earlier stated or enumerated.

Learn more about the Bill of Rights at https://brainly.com/question/493206

Answer:

(A.) To ensure personal rights not stated.

Explanation:

EDGE 2023

Shays' Rebellion was about
A. slavery
B. taxes
C. voting

Answers

Answer:

B. Taxing

Explanation:

Answer:

The answer for this question is B.)Taxes

How did the second great awakening help the abolition movement?
A-Religious Leaders helped the abolition movement gain support in the south
B- People in the North believed that abolitionists were trouble makers.
C-Abolition societies led by religion groups became more popular in the south
D-People across the U.S believed slavery must be ended immediately
PLZZ HELP

Answers

Answer:

A

Explanation:

Answer:

C Abolition societies led by religion groups became more popular in the south

Explanation:

A P E X

Which concept is reincarnation directly connected to in Hinduism?

Answers

Answer:

Hindus believe that the soul passes through a cycle of successive lives (samsara) and its next incarnation is always dependent on how the previous life was lived (karma). In a lifetime people build up karma, both good and bad, based on their actions within that lifetime.

Explanation:

Nun

describe the difference between the two drawings.
Which drawing would you want your doctor to follow? Why?
I NEED EXAMPLES! I WILL GIVE BRAINLIEST :)!

Answers

Answer:

the second one because it might show animals but the first one isnt a human

What does the constitution do for you???

Answers

The Constitution of the established America's national government and fundamental laws, and guaranteed certain basic rights for its citizens.

Answer:

First it creates a national government consisting of a legislative, an executive, and a judicial branch, with a system of checks and balances among the three branches. Second, it divides power between the federal government and the states. And third, it protects various individual liberties of American citizens.

Explanation:

The Constitution of the United States established America's national government and fundamental laws, and guaranteed certain basic rights for its citizens.

"We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."

Question how to get a girl frend

Answers

Answer:

bee kool

Explanation:

Answer:

give her lots of food she likes and just be nice : D

Explanation:

chocolate and if it works, get her a pet like a kitten or a puppy (probably not a fish unless she loves fish) and just try to be as nice as possible

Which word is defined as: 'the license or right given to a person or group of people to sell a company's goods or services'?

Question 1 options:

GI Bill


Affluent


Franchise


Baby boom

Answers

Answer:

Letra cccc eu n tenho serteza mas essa 3a minha a

Which phrase best completes the diagram ?
THIS IS FOR 10 POINTS

Answers

The answer to your question is A

what is the aristotelian logic
?

Answers

Answer:

Aristotelian logic is a type of logic that has to do with rational thinking

What role do political parties play in public policy?

Answers

As the electorate expanded, the political parties evolved to mobilize the growing mass of voters as the means of political control. Political parties became institutionalized to accomplish this essential task.Feb 23, 2016

In what way has Roman culture influenced Western civilization?

Answers

Answer:

ewhufhej

basvdbewbd

\

Explanation:

bejw

term for land surrounded on three sides by water?

Answers

this would be a peninsula. hope this helps

Answer: A cape. :)

Explanation:

Should the minimum wage be $15? Explain why in at least 3 sentences.

Answers

It should be $15 to help reduce poverty. It would also help struggling Americans, especially due to the pandemic who are out of a job. It would also make a better life and more stable living. Mark brainliest :)

Answer:

Yes

Explanation:

yes because people have to go out to work everyday. Considering everything that is going on in the world(the coronavirus). Also jobs that are paying minimum wage are not the best/ easiest. You have to deal with rude people and work from 9 to 5

Do you think the Crusaders still think the Crusades were necessary?

Answers

Answer: yes

Explanation:

If someone asked you to explain the differences between capitalism and socialism, how would you answer him/her?

Answers

Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources.

The terms capitalism and socialism are both used to describe economic and political systems. On a theoretical level, both of these terms also describe specific schools of economic thought. One of the most fundamental differences between the systems of capitalism and socialism lies in the scope of government intervention within an economy.
The capitalist economic model relies on free market conditions for the creation of wealth. The production of goods and services is based on supply and demand in the general market. This economic structure is referred to as a market economy.
In a socialist economic model, the production of goods and services is either partially or fully regulated by the government. This is referred to as central planning, and the economic structure that is created is known as a planned economy or a command economy.
The capitalist economic model relies on free market conditions for the creation of wealth; the production of goods and services is based on supply and demand in the general market.
In a socialist economic model, the production of goods and services is either partially or fully regulated by the government; this is referred to as central planning, and the economic structure that is created is known as a planned economy or a command economy.
Most countries are mixed economies, falling somewhere on the spectrum between pure capitalism and pure socialism.
In a capitalist economy, property and businesses are owned and controlled by individuals. The production and prices of goods and services are determined by how much demand they generate and how difficult they are to produce.
In a capitalist economy, property and businesses are owned and controlled by individuals. The production and prices of goods and services are determined by how much demand they generate and how difficult they are to produce.
This emphasis on efficiency takes priority over equality. An equal distribution of goods and services among all members of a society is of little concern within a capitalist system. According to the economic theories that underpin capitalism, inequality is the driving force that encourages innovation, which results in economic development.
In a capitalist economy, the state does not directly employ the workforce. This leads to high levels of unemployment during times of economic recession. In a socialist economy, the state owns and controls the major means of production. In some socialist economic models, worker cooperatives own and operate the primary means of production. A worker cooperative is a firm that is owned and self-managed by its workers. Other socialist economic models allow individual ownership of enterprise and property, albeit with higher taxes and a higher degree of government controls.
The primary concern of the socialist model of economics is an equitable distribution of wealth An equitable distribution of wealth is meant to ensure that all members of a society have an equal opportunity to attain certain economic outcomes. To achieve this, the state intervenes in the labor market.
In a socialist economy, the state is one of the primary employers. During times of economic hardship, the socialist state can order hiring, so there is close to full employment even if workers are not performing tasks that are particularly in demand from the market.
In addition to capitalism and socialism, the other major school of economic thought is communism. Many tenets of communism and socialism stand in opposition to capitalism, but there are important distinctions between socialism and communism.
Most modern economies are mixed economies. This means they exist somewhere on a continuum between pure capitalism and pure socialism, with the majority of countries practicing a mixed system of capitalism wherein the government regulates and owns some businesses and industries.
In the purest form of a capitalistic system (sometimes referred to as laissez-faire capitalism), private individuals are unrestrained, and the economy operates without any government checks or controls. Private individuals and businesses may determine where to invest, what to manufacture and sell, and the prices of goods and services.
In a purely socialist system, all means of production are collective or state-owned.
Some countries incorporate both the private sector system of capitalism and the public sector enterprise of socialism to overcome the disadvantages of both systems. In these economies, the government intervenes to prevent any individual or company from having a monopolistic stance and undue concentration of economic power. Resources in these systems may be owned by both the state and by individuals.


in the sentence below from paragraph 3 what is the word staple mean​

Answers

Answer:

how am I suppose to know what your not talking about when you didn't even put a image in image of what ?

Answer:

Paragraph 3:

HISTORICAL

a center of trade, especially in a specified commodity.

Explanation:

Which best describes one outcome of Henry Ford's method of production?

His method required highly skilled workers, so new schools arose to train factory workers.

Machines involved in the method were expensive, so the goods they produced were also expensive.

Only a handful of products could made by his method, so it did not gain widespread use.

Products made by his method took less time to build, so they cost less.

Answers

Answer: I'm pretty sure the other person who answered meant:

D. Products made by his method took less time to build, so they cost less.

They probably typed or copied and pasted something by accident.

Also I can confirm that D is the correct answer, just took a test on the Industrial Revolution.

Answer: its

D. Products made by his method took less time to build, so they cost less

:

Other Questions
Arianas goal is to reach $600 the first week she raises 30% of $600 .The second week she raises 50% of the $600 How much money does Ariana raise in the first two weeks?0 Find x if:16x2 = -1 We're no strangers to loveYou know the rules and so do IA full commitment's what I'm thinking of You wouldn't get this from any other guy I just wanna tell you how I'm feeling Gotta make you understandNever gonna give you up Never gonna let you downNever gonna run around and desert youNever gonna make you cryNever gonna say goodbyeNever gonna tell a lie and hurt youWe've known each other for so longYour heart's been aching but you're too shy to say it Inside we both know what's been going onWe know the game and we're gonna play itAnd if you ask me how I'm feelingDon't tell me you're too blind to seeNever gonna give you upNever gonna let you downNever gonna run around and desert youNever gonna make you cryNever gonna say goodbyeNever gonna tell a lie and hurt youNever gonna give you upNever gonna let you downNever gonna run around and desert you Never gonna make you cryNever gonna say goodbyeNever gonna tell a lie and hurt you Never gonna give, never gonna give (Give you up)(Ooh) Never gonna give, never gonna give(Give you up)We've known each other for so longYour heart's been aching but you're too shy to say it Inside we both know what's been going onWe know the game and we're gonna play it I just wanna tell you how I'm feelingGotta make you understandNever gonna give you upNever gonna let you downNever gonna run around and desert you Never gonna make you cryNever gonna say goodbyeNever gonna tell a lie and hurt you Never gonna give you upNever gonna let you downNever gonna run around and desert youNever gonna make you cryNever gonna say goodbyeNever gonna tell a lie and hurt you Never gonna give you upNever gonna let you downNever gonna run around and desert you Never gonna make you cry - Rick Astley The ventricles pump blood into the _____ when the heart contracts. veins arteries lungs aorta aschool charges $6 per ticket to a dance they spend $300 on music and decerations the expretion 6n-300 describes the amount of profit the school makes from the dance if n students buy tickets what does 6n represent in this context What is going on in this picture? 30 points Who did the Shawnee kidnap? Scarcity of fresh vegetables during the winter months can cause what kind of production problem? One of these expressions reduces to 1 and the other reduces to 1. Do you know which one is which? How do you know? x + 3 3 + x 3 x x 3 x + 3 3 + x = The numerator of the expression 3 x x 3 can be written as . 3 x x 3 = Please help me thanks so much Find the inequality represented by the graph. How is an excise tax different from a sales tax? An excise tax is not deductible. An excise tax applies to specific products. An excise tax applies only to imported goods. An excise tax is an indirect tax. Which of these vitamins are essential for building strong bones? (Select all that apply.)vitamin Dvitamin Evitamin Bvitamin C Atoms are made up of even smaller particles called ? write an equation that gives the proportional relationship of the graph order from least to greatest 3.2 ,3.14, 19/7, sqrt (14) pls pls pls pls helpppp how does the surface area to volume ratio affect the rate of diffusion The author considers which fact ironic?O Farnsworth was born on a farm.O Farnsworth received more than one patent.O Farnsworth started inventing things at an early age.O Farnsworth did not want his children to watch television. I need help with this (Please add work if possible), It would really help me a lot right now