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RA 337 Section 5

Section 5

SEC. 5. The following terms shall be held to be synonymous and interchangeable: (a) "Commercial bank" and "Commercial banking corporation"; (b) "Savings Banks," "mortgage bank," and "savings and mortgage bank"; (c) "Building and loan association" and "mutual building and loan association"; (d) "Trust company" and "trust corporation"; and (e) "Foreign bank" and "foreign banking corporation."

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Other provisions in CHAPTER I.—Title and Definitions

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 337 Section 5 (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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