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The National Credit Council (NCC)
was created by Administrative
Order No. 86 on October 8, 1993 mainly
to rationalize and optimize government credit and
guarantee programs. It also aims to institutionalize
consultation linkages and policy dialogues to encourage
a higher level of private sector participation in
credit delivery in the countryside. The Department
chairs the NCC, with the Land Bank of the Philippines
as co-chair.
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| Administrative
Order No. 250
dated February 6, 1996 transferred
the Secretariat of the National Credit Council
(NCC) from the Land Bank of the Philippines
to the Department of Finance. With said transfer,
the Department deepens its involvement in
the policy mandate of the NCC. |
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