To keep it's financed value in order.
Andrew JAckson
The national bank
The National Bank
US President Andrew Jackson removed all government funds from the Bank of the United States. He also vetoed a new charter for the bank in 1832.
Nicholas Biddle
James Madison
National Bank of Pakistan is a government sector bank. Normally National Bank of Pakistan is utilized by the Government of Pakistan to transact salaries of Government employees. National Bank of Pakistan is also used by the government to transact pension amount to the retired personnel.
the second national bank
In July of 1832, President Andrew Jackson issued a veto of a bill that would have re-chartered the Second Bank. Jackson believed that the bank was corrupt.
this is a govt. bank. this is a govt. bank.
The First Bank of the United States was needed because the government had a debt from the Revolutionary War, and each state had a different form of currency.
They believed it was unconstitutional because it was not stated in the constitution that one of the powers of the federal government was to create a national bank. Hamilton however said that it was needed to enforce taxes and that because of the "necessary and proper" clause, they should create a national bank, so they did.