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

CIRCULAR LETTER NO.  CL-2008-011

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 4th Quarter of 2007:

I.   APPROVED APPLICATIONS

Type of Office

Date Approved

City/Municipality

A. COMMERCIAL BANKS

1 Rizal Commercial Banking Corp.

Branch

10/12/07

Cebu City

2 Asia United Bank Corporation

Branch

10/17/07

Lipa City

Branch

10/17/07

Tabo-an, Cebu City

3 Security Bank Corporation

Branch

11/16/07

Laoag City

Branch

11/16/07

Urdaneta City

Branch

11/16/07

Mandaue City

Branch

11/16/07

Banilad, Cebu City

Branch

11/16/07

Cagayan de Oro City

B. THRIFT BANKS

1 Philippine Business Bank

Branch

10/15/07

Taguig City

Branch

10/15/07

Valenzuela City

Branch

10/15/07

Navotas City

Branch

10/15/07

Imus, Cavite

Branch

10/15/07

Angeles City

2 Philippine Postal Savings Bank

Branch

11/15/07

Lipa City

Branch

11/15/07

Bacolod City

Branch

11/15/07

Tarlac City

3 City Savings Bank

Branch

12/17/07

Tagum City, Davao del Norte

4 Queen City Development Bank

Branch

11/09/07

Urdaneta City

5 Wealth Bank - A Dev't. Bank

Branch

12/17/07

Banilad-Talamban, Cebu City

Branch

12/17/07

Tabunok, Talisay City, Cebu

Branch

12/17/07

Matina District, Davao City

Branch

12/17/07

Bajada District, Davao City

Branch

12/17/07

Iloilo City

6 Hiyas Banking Corporation (A Thrift Bank)

Branch

11/14/07

Sta. Maria, Bulacan

C. RURAL BANKS

1 Rural Bank of Cabuyao

Branch

10/01/07

Calamba City

2 Benguet Center Bank (A Rural Bank)

Branch

10/12/07

Mankayan, Benguet

3 Towncall Rural Bank

Branch

10/12/07

Talavera, Nueva Ecija

4 Rural Bank of Cebu South

Branch

10/12/07

Bogo, Cebu

5 Cooperative Rural Bank of Bulacan

Branch

10/17/07

Angat, Bulacan

Branch

10/17/07

Bulacan, Bulacan

Branch

10/17/07

Calumpit, Bulacan

Branch

10/17/07

Meycauayan City

Branch

10/17/07

Paombong, Bulacan

6 Rural Bank of Talisay (Batangas)

Branch

11/15/07

Tanauan City

7 Rural Bank of Dipolog

Branch

11/07/07

Pagadian City

8 Bank of Florida (A Rural Bank)

Branch

11/07/07

Taguig City

9 Rural Bank of Cauayan (Isabela) Solana, Cagayan

Branch

11/08/07

Gattaran, Cagayan

10 Rural Bank of Digos

Branch

12/05/07

Carmen, North Cotabato

11 Rang-ay Rural Bank, Inc.

Branch

12/31/07

Mangaldan, Pangasinan

12 CARD Bank, Inc. (A MF RB)

Microfinance Branch (MF Branch)

12/13/07

Lucena City

MF Branch

12/13/07

Gumaca, Quezon

MF Branch

12/13/07

San Jose, Antique

MF Branch

12/13/07

Iloilo City

MF Branch

12/13/07

Tacloban City

MF Branch

12/13/07

Sigma, Capiz

MF Branch

12/13/07

Ormoc City

MF Branch

12/13/07

Calbayog City

MF Branch

12/13/07

Ubay, Bohol

MF Branch

12/13/07

Salay, Misamis Oriental

II. OPENED

A. COMMERCIAL BANKS

1 Rizal Commercial Banking Corp.

Branch

11/05/07

Davao City

Branch

12/13/07

Ilagan, Isabela

Branch

12/13/07

Balanga, Bataan

Branch

12/13/07

Zamboanga City

2 Asia United Bank Corporation

Branch

12/10/07

Cebu City (Mango)

3 China Banking Corporation

Branch

12/28/07

SM City Pampanga

Branch

12/28/07

SM City Taytay

B. THRIFT BANKS

1 Equitable Savings Bank

Branch

10/30/07

Cainta, Rizal

2 Sterling Bank of Asia

Branch

11/20/07

Caloocan City

Branch

12/05/07

Bacolod City

3 Robinsons Savings Bank

Branch

12/14/07

Angeles City

4 First Consolidated Bank

Branch

11/12/07

Iloilo City

Branch

11/12/07

Legazpi City

Branch

11/12/07

San Jose, Antique

5 Queen City Development Bank

Branch

11/19/07

Bacolod City

C. RURAL BANKS

1 Rural Bank of San Vicente

Branch

10/01/07

Daet, Camarines Norte

2 Balanga Rural Bank Inc.

Branch

10/01/07

Orani, Bataan

3 Unity Bank (A RB) Inc.

Branch

10/17/07

Angeles City

4 Peninsula Rural Bank Inc.

Branch

11/24/07

Pagadian City

5 Lagawe Highlands Rural Bank Inc.

Branch

11/23/07

Solano, Nueva Vizcaya

6 Rural Bank of Sta. Ignacia

Branch

10/23/07

Capas, Tarlac

7 BHF Rural Bank Inc.

Branch

11/09/07

Tarlac City

Branch

11/20/07

Urdaneta City

Branch

12/03/07

Baguio City

8 Banco Batangan Inc. (A RB)

Branch

10/08/07

Lipa City

9 Rural Bank of Ilog Inc.

Branch

10/23/07

Sipalay, Negros Occidental

10 Second Rural Bank of Basista Inc.

Branch

12/14/07

Calasiao, Pangasinan

11 Rang-ay Rural Bank Inc.

Branch

11/28/07

Bangued, Abra

12 1st Valley Bank (A RB)

Branch

11/09/07

Zamboanga City

13 One Network Rural Bank Inc.

Branch

12/11/07

Kabasalan, Zamboanga Sibugay

14 Cantilan Bank

Branch

11/28/07

Butuan City

15 Valiant Rural Bank Inc.

Branch

10/27/07

Estancia, Iloilo

16 Producers Rural Banking Corp.

Branch

12/18/07

Mangaldan, Pangasinan

Branch

12/12/07

Alicia, Isabela

Branch

12/20/07

San Mateo, Isabela

Branch

12/10/07

Ilagan, Isabela

Branch

12/05/07

San Fernando City, La Union

17 Philippine Rural Banking (PR Bank)

Branch

12/05/07

Lucena City

Branch

12/05/07

Lipa City

Branch

12/04/07

Cavite City

18 Cooperative Bank of Cotabato

Branch

12/18/07

Antipas, North Cotabato

19 First Isabela Cooperative Bank

Branch

11/20/07

Paniqui, Tarlac

12/20/07

Concepcion, Tarlac

20 CARD Bank Inc. (A MF RB)

MF Branch

10/22/07

Davao City

21 First Mindoro Microfinance Rural Bank Inc. Head Office

Microfinance RB

11/12/07

Bongabong, Oriental Mindoro

III. RE-OPENED

A. COMMERCIAL BANKS

1 Banco de Oro-EPCI Inc.

Branch

10/09/07

Cainta, Rizal (Makro)

Branch

10/27/07

San Fernando City, Pampanga (SM)

Branch

11/08/07

Taytay, Rizal (SM City)

Branch

12/10/07

Makati City (Cash and Carry)

Branch

11/30/07

Cebu City (SM Cebu)

2 Export and Industry Bank

Branch

12/17/07

Libis, Quezon City

Branch

12/17/07

Ortigas Ave., San Juan City

3 China Banking Corporation

Branch

12/10/07

Ortigas Center, Pasig City

For information and guidance.

NESTOR A. ESPENILLA, JR. Deputy Governor

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