BSP Circular Letters BSP Circular Letter No. CL-2008-021BSP Circular Letter No. CL-2008-021 2008-04-10T00:00:00.000+08:00

Conversion of the Vizcaya Savings and Loans Association, Inc. to a Rural Bank

CIRCULAR LETTER NO. CL-2008-021

TO  : All Bank and Non-Bank Financial Institutions

Subject : Conversion of the Vizcaya Savings and Loans  Association, Inc. to a Rural Bank

The Monetary Board in its Resolution No. 741 dated 08 June 2006 approved the conversion of the Vizcaya Savings and Loans Association, Inc. to a Rural Bank. The Bank started its operations as a rural bank on 18 February 2008.

For information and guidance.

NESTOR A. ESPENILLA, JR. Deputy Governor

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