Cessation of Operations of Korea Development Bank – Representative Office
OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR 033 CIRCULAR LETTER NO. CL-2021-___ For : All Banks and BSP-Supervised Non-Bank Financial Institutions Subject : Cessation of Operations of Korea Development Bank – Representative Office The Monetary Board, in its Resolution No. 453 dated 08 April 2021, noted the cessation of operations of Korea Development Bank – Representative Office in the Philippines effective 31 December 2020. For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2021.04.16 18:06:44 +08'00' CHUCHI G. FONACIER Deputy Governor 16 April 2021
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