WHEREAS, rural banks play a vital role in the economic development of the country;

WHEREAS, the Rural Bankers Association of the Philippines will hold its annual convention on May 24-26, 1962;

NOW, THEREFORE, I, Diosdado Macapagal, President of the Philippines, in order to give due recognition to the collective efforts of our rural bankers in pushing through the rural banking program, do hereby declare the period from May 21 to 26, 1962, as Rural Banks Week.

The Rural Bankers Association of the Philippines is hereby designated to take charge of the celebration of the week.

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

Done in the City of Manila, this 23rd day of May, in the year of Our Lord, nineteen hundred and sixty-two, and of the Independence of the Philippines, the sixteenth.

(Sgd.) DIOSDADO MACAPAGAL
President of the Philippines

By the Presidnet:
(Sgd.) AMELITO R. MUTUC
Executive Secretary