BSP Circular Letters BSP Circular Letter No. CL-2007-018BSP Circular Letter No. CL-2007-018 2007-04-20T00:00:00.000+08:00

Misamis Occidental Cooperative Bank (Formerly Cooperative Rural Bank of Misamis Occidental) Turnover by PDIC and Resumption of Normal Operations

SUPERVISION AND EXAMINATION SECTOR OFFICE OF THE DEPUTY GOVERNOR

CIRCULAR -- LETTER NO. CL-2007 - 018

TO : ALL BANKS ANd NON-BANK FINANCIAL INStitUtiONS

Subject : Misamis Occidental Cooperative Bank (Formerly Cooperative Rurai Bank of Misamis Occidental) Turnover by PDic and Resumption of Normal

Operations

(MOCB) to its investors and the resumption of normal operations after it has fully complied with the requirements provided under PDIC Resolution No. 2004-o4 (PDIC) has approved the turnover of the Misamis Occidental Cooperative Bank Notice is hereby given that the Philippine Deposit Insurance Corporation

041 dated 21 April 2004 and Monetary Board Resolution No. 1207 dated 26 August 2004. The MOCB will re-open on 16 April 2007

For information and guidance.

nestor a. espenil Deputy Governor

20 April 2007

PananaLaping Matatag, Bansang Panatag

A. Mabini St.. Malate 1004 Manila, Philippines Trunkline (632) 524-70-11 @ URL:www.bsp.gov.ph e-mait: [email protected]

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