RA 265 Section 108

Guiding principle.

Section 108

SEC. 108. Guiding principle.—The Monetary Board shall use the powers granted to it under the present article and elsewhere in this Act to ensure that the supply availability and cost of money are in accord with the needs of the Philippine economy and that bank credit is not granted for speculative purposes prejudicial to the national interests.

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Other provisions in CHAPTER IV.—INSTRUMENTS OF CENTRAL BANK ACTION

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

CitationRA 265 Section 108 (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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