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The bank's objective then was to render financial assistance to the Philippine commercial enterprise and agribusiness and to assist the economic development endeavor of the government. With the establishment of this banking institution, Filipinos had a bank by which they can call their own. The banking institution was allowed to concede short and long-term loans to agribusiness and industry. Through these loans, farmers can avail a loan with interest of 8 to 10 percent per year. This banking institution is also allowed to accept deposits, open international credits and refund bills.

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11y ago
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2d ago

The goal of the Philippine National Bank (PNB) is to provide banking services to support the financial needs of individuals, businesses, and communities in the Philippines. PNB aims to promote economic growth, financial inclusion, and stability through its range of banking products and services.

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Q: The Goal of Philippine National Bank?
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Related questions

When was Philippine National Bank created?

Philippine National Bank was created in 1916.


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Capitalize it when it forms part ot the proper noun. Examples: Philippine National Bank Philippine National Railway


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PNBMPHMM