Section 8
SEC. 8. To augment and supplement the capital of any private development bank, the Development bank of the Philippines shall be permitted to extend to the private development banks a loan or loans from time to time repayable in ten years with interest at the rate that may be agreed upon against security which may be offered by the private development bank or any stockholders of the private development: Provided, That The development Bank of the Philippines is convinced that the resources of the private development bank are inadequate to meet the legitimate credit requirements of the locality wherein the private development bank is established; There is a dearth of private capital in the said locality; It is not impossible for the stockholders of the private development bank to increase the paid-up capital thereof.