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BP 21 Section 17

Credit Facilities.

Section 17

SEC. 17. Credit Facilities.—The Central Bank shall adopt such monetary and re-discounting policies as may be designed to encourage rural banks, savings and loan associations, commercial banks and other credit institutions to meet the financing and credit needs essential to achieve the objectives of this Act. In addition, the Philippine National Bank, the Land Bank of the Philippines, and the Development Bank of the Philippines shall design and establish special lending programs for small dairy farmers and daily cooperatives.

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Other provisions in BP 21

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationBP 21 Section 17 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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