To approve the conversion of the Secured Savings and Loan Association, inc. from a thrift bank into a rural bank
anok. ilibinas
MAYNILA, PILIPiNAS
MEMORANDUM
SUPERVISION AND EXAMINATION SECTOR OFFICE OF THE DEPUTY GOVERNOR
CIRCULAR-LETTER Series of 2005
TO: ALL BANKS ANd NON-BANK FINAnCiAL iNSTitutIONS
WITH QUASI-BANKING FUNCTIONS
The Monetary Board, in its Resolution No. 1407 dated 26 September
2o02 approved the conversion of the Secured Savings and Loan Association,
Inc. from a thrift bank into a rural bank, to be known as the "Secured Bank,
Inc., A Rural Bank".
The Certificate of Authority to operate as a rural bank was
signed/issued by the Governor on 14 January 2005
ALBERTO V. REYES Deputy Governor
Date
MAG-IMPOK SA BANGKO
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