Approved Applications for New Banking Offices and Banking Offices which Opened/Re-Opened

CIRCULAR LETTER NO.  CL-2006-004

To      :      ALL BANKS Subject  :        Approved Applications for New Banking Offices and Banking Offices which Opened/Re-Opened

For information, listed below are the: (1) approved applications for new banking offices; and (2) banking offices which opened/re-opened during the 1st Quarter of 2006:

Type of Office

Date Approved

City/Municipality

I.   APPROVED APPLICATIONS

A. COMMERCIAL BANK

1.

Asia United Bank Corporation

Branch

01/19/06

Naga City

Branch

01/19/06

San Fernando City, Pampanga

Branch

01/19/06

Las Piñas City

Branch

01/19/06

Davao City

Branch

01/19/06

Fort Bonifacio, Taguig City

2.

Chinatrust (Phils.) CBC

Branch

02/24/06

Mandaue City

Branch

02/24/06

Cebu City

Branch

02/24/06

Davao City

Branch

02/24/06

Angeles City

Branch

02/24/06

Cainta, Rizal

3.

International Exchange Bank

Branch

01/11/06

Lapu-Lapu City

Branch

01/11/06

Davao City

Branch

01/11/06

San Pablo City, Laguna

Branch

01/11/06

Urdaneta City

Branch

01/11/06

Baguio City

4.

Equitable PCI Bank

Representative Office

03/02/06

Dubai, United Arab Emirates

B.

THRIFT BANKS

1. Robinsons Savings Bank

Branch

03/30/06

Valenzuela City

Branch

03/30/06

Marikina City

Branch

03/30/06

Muntinlupa City

Branch

03/30/06

Las Piñas City

Branch

03/30/06

Taguig City

C.

RURAL BANK

1.

First Community Bank     (A Rural Bank)

Microfinance Branch (MF Branch)

03/09/06

Bago City, Negros Occidental

II. OPENED

A.

COMMERCIAL BANK

1.

International Exchange Bank

Branch

03/15/06

San Pedro, Laguna

B.

THRIFT BANKS

a.

Microfinance Thrift Bank

1.

Microfinance MaximumSavings Bank

Head Office

03/08/06

Puerto Galera, Oriental Mindoro

C.

RURAL BANKS

1.

RB of Barili (Cebu)

Branch

01/10/06

Santander, Cebu

2.

Alabank (RB of Alabang)

MF Branch

01/20/06

Bacoor, Cavite

MF Branch

03/23/06

Talon, Las Piñas City

3.

Limcoma Rural Bank

MF Branch

01/18/06

Lipa City

MF Branch

01/31/06

Branch  Bauan, Batangas

4.

RB of Santiago de Libon

Loan Collection & Disbursement Point (LCDP)

01/09/06

Libon, Albay

5.

Philippine Rural Banking  (PR Bank)

Branch

01/30/06

Enrile, Cagayan

6.

1st Valley Bank (A RB)

Branch

02/01/06

Imelda, Zamboanga Sibugay

Branch

02/03/06

Dumingag, Zamboanga del Sur

7.

Cooperative Bank of Cavite

MF Branch

01/16/06

Imus, Cavite

8.

RB of Ragay

Branch

03/03/06

Del Gallego, Camarines Sur

9.

Surigaonon Rural Banking Corp.

Branch

01/10/06

Butuan City

III. RE-OPENED

A.

COMMERCIAL BANKS

1.

Metropolitan Bank & TCO

Branch

03/07/06

Mandaue City

2.

Union Bank of the Phils

Branch

01/09/06

Makati City

B.

THRIFT BANKS

a

Private Development Bank

1.

Planters Development Bank

Branch

01/02/06

Sto. Tomas, Batangas

C.

RURAL BANKS

1.

Unity Bank (A RB)

Branch

01/13/06

San Rafael, Bulacan

2.

RB of Makati

Branch

02/20/06

Cainta, Rizal

For information and guidance.

NESTOR A. ESPENILLA, JR. Deputy Governor