Approved applications for new banking offices: and (2) bankingoftices which opened/reopened during the 3rd Quarter of 2005

CIRCULAR LETTER Series of 2005

TO: ALL BANKS

For information, listed below are the: (1) approved applications for new banking offices: and (2) banking oftices which opened/reopened during the 3rd Quarter of 2005:

I. APPROVED APPLICATIONS

Type of Office

Date Approved

City/ Municipality

A. COMMERCIAL BANKS

1. International Exchange Bank

Branch

08/12/05

Carmona, Cavite

Branch

08/12/05

San Pedro, Laguna

Branch

08/12/05

Baclaran, Paranaque

Branch

08/12/05

Tondo. Manila

2. Philippine Trust Co.

Branch

07/06/05

Cagayan de Oro

Branch

07/06/05

lloilo City

Branch

07/06/05

Mactan, Cebu

Branch

07/06/05

Mandaue, Cebu

B. THRIFT BANKS

a. Savings and Mortgage Bank

1 Citystate Savings Bank

Branch

08/18/05

Greenhills, San Juan

Branch

08/18/05

Cubao, Quezon City

Branch

08/18/05

Balagtas, Bulacan

b. Private Development Bank

1. Planters Development Bank

Branch

09/26/05

Sto. Tomas, Batangas

C. RURAL BANKS

1.  Agri Business Rural Bank

Branch

07/12/05

Penablanca, Cagayan

Branch

07/12/05

San Guillermo, lsabela

2. Cooperative Bank of Cavlte

Microfinance Branch (MF Branch)

09/02/05

Imus, Cavite

MF Branch

09/02/05

Rosario, Cavite

3. One Network Bank

Branch

07/21/05

Sta. Maria, Davao del Sur

Branch

07/21/05

Manay, Davao Oriental

4. Rural Bank of Alabang

MF Branch

08/26/05

Bacoor, Cavite

MF Branch

08/26/05

Las Pinas

5. New RB of San Leonardo

MF Branch

07/22/05

San Miguel, Bulacan

MF Branch

07/22/05

Tarlac City

6. Rural Bank of Bariti (Cebu)

Branch

07/13/05

Santander. Cebu

7. Rural Bank of Tangub City  (Misamis Occidental)

Branch

07/29/05

Dumingag, Zamboanga del Sur

8. Rural Greenbank of Caraga

MF Branch

09/26/05

Madrid, Surigao del Sur

MF Branch

09/26/05

Tagoloan. Misamis Oriental

II. OPENED

A. COMMERCIAL BANKS

1. East West Banking Corporation

Branch

09/26/05

Santiago City, lsabela

B. THRIFT BANKS

a. Microfinance Thrift Banks

1. Dungganon Bank

Head Office

08/01/05

Bacolod City Negros Occidental

2. Kauswagan Bank (A MF Oriented TB)

Head Office

09/01/05

Iloilo City, lloilo

Branch

09/12/05

Roxas City, Capiz

Branch

09/19/05

Minglanilia, Cebu

Branch

09/26/05

Tacloban, Leyte

C. RURAL BANKS

1. Bangko Buena (A RB)

Branch

09/05/05

Culasi, Antique

2. First Agro Industrial  RB

Branch

08/10/05

Bogo, Cebu

3. One Network Rural Bank

Branch

09/09/05

Cagayan de Oro

4. Producers Rural Banking

Branch

08/01/05

Roxas, lsabela

5. Progressive Rural Bank

Loan Collection & Disbursement Point (LCDP)

08/15/05

Pototan, lloilo

6. Rural Bank of Calbayog City

Branch

09/15/05

Alien, Northern Samar

7. Rural Bank of Rizal (Zamboanga del Norte)

Branch

07/12/05

Sindangan, Za.mboanga del Norte

8. South Bank (Kagay-anon RB)

Branch

08/08/05

Kitaotao, Bukidnon

Branch

08/08/05

Libona, Bukidnon

D. MICROFINANCE RURAL BANK

1. Rural Bank of Bagac

MF Branch

09/05/05

Balanga. Bataan

2.  Women's Rural Bank

MF Branch

07/28/05

Sta. Teresita, Batangas

III. RE-OPENED

A. COMMERCIAL BANK

1. East West Banking Corp.

Branch

08/05/05

Tacloban City, Leyte

Branch

08/05/05

Muntinlupa City

B. THRIFT BANK

a. Savings and Mortgage Bank

1. Banco Filipino SMB

Branch

070805

Marikina City

2. Citystate Savings Bank

Branch

09/16/05

Mandaluyong City

3. Manila Bank

Branch

07/18/05

Quezon City

b. Private Development Banks

1. Planters DB

Branch

08/19/05

Urdaneta City, Pangasinan

Branch

08/26/06 Makati City

C. RURAL BANKS

1. Peninsula Rural Bank

Branch

0801/05

Cagayan de Oro

2. Rural Bank of Makati

Branch

07/11/05

Antipolo City

Branch

07/11/05

Taytay, Rizal

Branch

07/11/05

Bacoor, Cavite

Branch

07/11/05

Bacoor, Cavite

Branch

07/11/05

Dasmarinas, Cavite

Branch

08/01/05

Malolos City, Bulacan

Branch

09/29/05

Tuguegarao City, Cagayan

3. Rural Greenbank of Caraga

Branch

07/18/05

Tagbilaran City, Bohol

Branch

09/18/05

Mandaue City, Cebu

MA CORAZON J. GUERRERO Sector-in-Charge