Language Activities
Banking
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Association Game
Translation Flip Card
Contextual Clues
Other Language and Cultural Notes
Business Related Modules
Philippine Economics
Philippine Government
.JPG)
Sunday Morning ni Amorsolo
Countryside Banking
DID YOU KNOW…
...that 1897 marked the beginning of
countryside banking in the Philippines with the establishment of the Iloilo
branch of El Banco Español Filipino
on March 15, 1897?
.
…that this branch was opened in spite of the
ongoing Philippine revolution against the Spanish colonial government?
.
…that the bank opted to establish its first
branch in Iloilo because of the emergence of this region as a promising
sugar central?
.
…that it was Nicholas Loney (the British vice
consul in Iloilo from 1856 to 1869) who was credited for boosting sugar
production in Iloilo and the Panay provinces?
.
…that Loney first arranged for the direct
shipment of agricultural products from the port of Iloilo to Australia and
Europe, thus providing local traders access to cash transactions at better
prices?
- account
- account balance
- auditor
- bad check
- balance
- bank
- banker
- bearer
- bill
- bounced
- branch
- business day
- to cancel
- to cash
- cash ratio , liquidity ratio
- check
- checking account
- clearinghouse
- code
- correspondence
- counterfeited
- credit
- customer
- debit
- to deposit
- deposit
- devaluation
- due date /
- electronic transfer of funds (ETF)
- to endorse
- entity
- exchange rate
- to fix
- foreign currency
- funds /
- to guarantee
- holiday
- hours
- to issue
- legal representative
- to loan
- loan
- maintenance
- manager
- maximum
- minimum
- monetary
- mortgage
- mortgage related
- number
- operations
- overstatement
- password
- payable
- portfolio
- private
- reserve
- safety box
- savings account
- signature
- teller
- teller machine
- time deposit
- title
- transaction
- transfer
- to transfer
- window
- to withdraw