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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 182
TO
: Secretary of Finance
Executive Secretary
Secretary of National Defense
Acting Chairman, Philippine Amanah Bank
Pursuant to the provisions of Presidential Decree No. 264 dated August 2, 1973, creating the Philippine Amanah Bank; and in line with the policy of the Government to hasten the economic development of Mindanao, I hereby issue the following orders:
1.
I hereby designate Dr. Mamitua Saber, Executive
Vice President, Philippine Amanah Bank and concurrently Acting
Officer-in-Charge of the Philippine Amanah Bank, vice Mr. Tauti Derico
and as such he is directed to perform the specific instructions
hereunder, as follows:
a.
Establish the offices of the Philippine Amanah
Bank in Manila and in Zamboanga City, and the branches thereof in the
cities of Cotabato, Marawi and the town of Jolo and employ the
necessary personnel to man these offices and branches.
b. In
coordination with the Chairman of the
Inter-Agency Task Force for the rehabilitation of Jolo, prepare and
implement a policy for emergency loans to the residents of Jolo;
c. Contract
the necessary services for the
preparation of the PAB offices and branches, including the lease of
premises and/or buildings thereof, and the procurement of necessary
supplies and equipment.
d. Maximize
the number of trainees of the Philippine
Amanah Bank for the immediate operations of the bank in other
designated areas and for their possible employment in other government
financial institutions;
2. In view hereof, the Acting OIC, Philippine Amanah Bank is hereby authorized to appropriate and disburse funds of the Philippine Amanah Bank, subject to availability thereof, and to auditing and accounting requirements.
DONE in the City of Manila, this 8th day of April, in the year of Our Lord, nineteen hundred and seventy-four.
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