Rural Bank of Brooke's Point (Palawan), Inc.
in the Philippines 🇵🇭
Crypto-Friendliness
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About Rural Bank of Brooke's Point (Palawan), Inc. in the Philippines
Rural Bank of Brooke's Point (Palawan), Inc. is a single-unit rural bank located in the municipality of Brooke's Point in Palawan, Philippines. As a member of the Rural Bankers Association of the Philippines, the bank serves the local agricultural community and residents of southern Palawan. The institution operates under the regulatory framework of the Bangko Sentral ng Pilipinas (BSP) and is designed to provide accessible credit and banking services to farmers, merchants, and the general population in rural areas.
Rural banks in the Philippines are specialized financial institutions established under Republic Act No. 7353 (Rural Bank Act of 1992) to make credit available and readily accessible in rural communities on reasonable terms. These institutions play a crucial role in countryside development and poverty alleviation.