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Philippine Banking

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Questions and Answers

During which era did the first financial institution, Obras Pias, operate in the Philippines?

Spanish era (correct)

Post-war era

American era

Japanese era

What was the main purpose of Obras Pias?

To promote trade between the Philippines and Mexico

To facilitate international banking transactions

To offer interest-free loans to the public

To provide financial support to pious Catholics (correct)

When did Obras Pias cease to operate?

1820

16th century

1851 (correct)

The present

Which race or influence dominated the Philippines during the American era?

<p>American</p> Signup and view all the answers

How can the banking history of the Philippines be divided?

<p>By era and colonization</p> Signup and view all the answers

Philippine Banking

Choose a study mode

Podcast

Questions and Answers

During which era did the first financial institution, Obras Pias, operate in the Philippines?

What was the main purpose of Obras Pias?

When did Obras Pias cease to operate?

Which race or influence dominated the Philippines during the American era?

How can the banking history of the Philippines be divided?

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