Answer the following: 1. Give at least 2 examples of commercial banks in the Philippines. 2. Give the brief description of your given examples. 3. What type of loan/s these banks offer? Explain how they use this type of loan among their clients. 4. Identify also the secondary functions of those given banks. Explain.
Answer the following: 1. Give at least 2 examples of commercial banks in the Philippines. 2. Give the brief description of your given examples. 3. What type of loan/s these banks offer? Explain how they use this type of loan among their clients. 4. Identify also the secondary functions of those given banks. Explain.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![Answer the following:
1. Give at least 2 examples of commercial banks in the Philippines.
2. Give the brief description of your given examples.
3. What type of loan/s these banks offer? Explain how they use this type of loan among their
clients.
4. Identify also the secondary functions of those given banks. Explain.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F52b9c98d-8dd8-4564-be7e-f465629287ed%2Faf77f492-908e-4e4c-8ebd-c9c32dfa191d%2Fltqprtl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Answer the following:
1. Give at least 2 examples of commercial banks in the Philippines.
2. Give the brief description of your given examples.
3. What type of loan/s these banks offer? Explain how they use this type of loan among their
clients.
4. Identify also the secondary functions of those given banks. Explain.
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