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Banking

Banking Vocabulary
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Vocabulary

Association Game
Translation Flip Card
Contextual Clues

Cultural Scenarios

Other Language  and Cultural Notes

Business Related Modules

Philippine Economics
Philippine Government

Business Lessons

 

 

 


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 
  •