Question

Explain the history of banking system in the Philippines

Answer 1

History of the Philippine BankingObra Pias (Pious works)– banking in the Philippines began in the 16Century byestablishment of this organization composing of layman associated with religious order. ... Later on itsassets and liabilities was transferred in 1916 to the Philippine National Bank.
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Answer 2

Step-by-step explanation:

In 1906 postal savings bank was put up and it was the first agriculture bank.later on itsassets and liabilities was transfered in 1916 to the philipines national bank.three years after the american regime ended,the central of philippines was created establishing a managed monitary system in the philipines.