BSP Circular Letters BSP Circular Letter No. CL-2007-063BSP Circular Letter No. CL-2007-063 2007-12-18T00:00:00.000+08:00

First Mindoro Microfinance Rural Bank, Inc. - Notice of Opening

CIRCULAR NO. CL-2007-063

To:  All  Banks and Non-Bank Financial Institutions

Subject:  First Mindoro Microfinance Rural Bank, Inc. - Notice of Opening

The Monetary Board, in its Resolution No. 807 dated 22 June 2006, approved the establishment of a microfinance-oriented rural bank in Bongabong, Oriental Mindoro to be known as the First Mindoro Microfinance Rural Bank, Inc. The Certificate of Authority to Operate was granted to the Bank on 8 November 2007.  It started operations on 12 November 2007.

For your information and guidance.

NESTOR A. ESPENILLA, JR. Deputy Governor

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