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MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Proclamation No. 50, July 14, 1966 ]

DECLARING THE PERIOD FROM JULY 17 TO 23, 1966, AS NATIONAL BANKING WEEK.

WHEREAS, one of the drawbacks to economic growth is the dearth of domestic savings invested in banks; and

WHEREAS, it is desirable to inculcate in the minds of our people the importance of investing their savings in banks and in utilizing the services of banks and thus actively participate in economic development;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby declare the period from July 17 to 23, 1966, as National Banking Week. I urge all banks and civic organizations to cooperate in making the celebration of the Week a success.

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.1aшphi1

Done in the City of Manila, this 14th day of July, in the year of Our Lord, nineteen hundred and sixty-six.

(Sgd.) FERDINAND E. MARCOS
President of the Philippines

By the President:

(Sgd.) RAFAEL M. SALAS
Executive Secretary

The Lawphil Project - Arellano Law Foundation

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