Language Activities
anarule.gif (1534 bytes)
 

Growth Resources

Growth Resources Vocabulary
anarule.gif (1534 bytes)

Vocabulary

Association Game
Translation Flip Card
Contextual Clues

Cultural Scenarios

Cultural Scenario

Other Language  and Cultural Notes

SEASITE Modules

Business Lessons
Philippine Economics
Philippine Government

 

 

 

Philippine Business Bank - Cubao Branch

The Philippine First Public Bank

DID YOU KNOW…
...that the king of Spain, Ferdinand VII, issued a decree on April 6, 1828 to establish a public bank in the Philippines to meet the requirements of increasing commerce and trade in the islands?
.
…that this bank, originally called El Banco Español Filipino de Isabel 2, was organized as a limited stock company along the lines of contemporary state banks in Europe at that time?
.
…that the bank's first office was located in the Royal Custom House (also called Aduana, but later known simply as Intendencia) within walled Manila, which is now officially called Intramuros?
.
…that the bank was originally managed by two elective managers who took turns serving as managing director on an annual basis?
.
…that about a hundred years later, the Intendencia would also house the first Central Bank of the Philippines?
 

Growth Resources

  • acquisition - pagkakamit
  • activity - aktibidad
  • agreement - kasunduan
  • to associate - iugnay
  • to close - isara
  • concentration - konsentrasyon
  • to conclude - tapusin
  • to establish - magtatag
  • to exchange - ipalit
  • to expand - palawakin
  • expansion - pagpapalawak
  • expectation - inaasahan
  • group - grupo
  • increase - pagtaas
  • integration - pagkakabuo
  • to merge - pagsamahin
  • merger balance - merger balance
  • merger by integration - merger by integration
  • merger by takeover - merger by takeover
  • process - proseso
  • profit - kita
  • projection - inaasahan
  • proposal - panukala
  • public offering - alok sa publiko
  • sales - benta
  • takeover - pagkuha
  • to transfer - ilipat
  • to undertake - tangkain
  • vertical integration - vertical integration
  • volume - dami