RA 4093 (The Private development Banks' Act) Section 5

Section 5

SEC. 5. Seventy-five per centum of the lonable funds of the private development bank shall be invested in medium and long term loans for economic development purposes and in no case shall the bank invest more than twenty-five per centum of the lonable funds in short term loans for miscellaneous purposes.

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Other provisions in RA 4093 (The Private development Banks' Act)

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 4093 (The Private development Banks' Act) 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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