CIMB Bank Philippines, Inc. - Establishment and Commencement of Operations

BANGKO SerurReL NG PII.IpINAS OFFICE OF THE DEPUTY GOVERNOR FI NANCIAL SUPERVISION SECTOR crRcuLAR LETTER NO. CL- 2018-0Zg To : All BSP-Supervised Financial Institutions Subject : CIMB Bank Philippines Inc. - Establishment and Commencement of Operations The Monetary Board, in its Resolution No. 1891 dated 10 November 2017, granted authority to the CIMB Bank Berhad, a Malaysia-based bank, to establish a branch in the Philippines with commercial banking license. The CIMB Bank Philippines Inc. was registered with the Securities and Exchange Commission on 27 February 2OL8, The corresponding Certificate of Authority to Operate as a commercial bank was issued by the Bangko Sentral ng Pilipinas on 25 October 201,8. The Bank started its operations on 03 December 2018. For information and guidance. /ft-re | CHI G. FONACIER eputy Governor // Oecember 2018 A. Mabini St., Malate 1004 Manila, Philippines r (532) 708-7707 r www.bsp.gov.ph o [email protected]