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PROVIDING FOR THE 1986 REVISED CHARTER OF THE DEVELOPMENT BANK OF THE PHILIPPINES

PROVIDING FOR THE 1986 REVISED CHARTER OF THE DEVELOPMENT BANK OF THE PHILIPPINES

EXECUTIVE ORDER NO. 81 | 1986-12-03

EXECUTIVE ORDER NO. 81           

December 3, 1986

Repealed Sec. 11 and Amended Sec. 7,8,10,12 & 13 by RA 8523

PROVIDING FOR THE 1986 REVISED CHARTER OF THE DEVELOPMENT BANK OF THE PHILIPPINES

WHEREAS, it is the policy of the State that the national interest in both the maintenance of economic stability and the promotion of economic development is best served by a system of financial intermediation that places primary reliance on the private sector, on the maintenance of conditions of competition, and on the market mechanism for its effective operations.

WHEREAS, within the context of the general policy there...