Approved Applications for New Banking Offices and Opened Banking Offices During the 4th Quarter of 2020
OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR 038 CIRCULAR LETTER NO. CL-2021-__ To : All Banks Subject : Approved Applications for New Banking Offices and Opened Banking Offices During the 4th Quarter of 2020 For information, listed below are the (1) approved applications for new banking offices, and (2) opened banking offices during the 4th Quarter of 2020 . Bank Name Type of Office Date City/Municipality Approved I. APPROVED APPLICATIONS FOR NEW BANKING OFFICES A. UNIVERSAL AND COMMERCIAL BANKS 1. Security Bank Regular Branch 07-Oct-2020 Taguig City Corporation (SBC) Branch-lite Unit 07-Oct-2020 Quezon City Branch-lite Unit 07-Oct-2020 Quezon City Branch-lite Unit 07-Oct-2020 Quezon City II. OPENED BANKING OFFICES Bank Name Type of Office Date Opened City/Municipality A. UNIVERSAL AND COMMERCIAL BANKS 1. BDO Unibank, Inc. Regular Branch 20-Oct-2020 General Mariano (BDO) Alvarez, Cavite Regular Branch 12-Nov-2020 Butuan City Regular Branch 26-Nov-2020 Zamboanga City Regular Branch 19-Dec-2020 Candelaria, Quezon 2. China Banking Regular Branch 01-Dec-2020 Parañaque City Corporation (CBC) Regular Branch 29-Dec-2020 Pasig City Regular Branch 29-Dec-2020 Pasig City
Bank Name Type of Office Date Opened City/Municipality 3. East West Banking Regular Branch 16-Nov-2020 Taguig City Corporation (EWBC) 4. Land Bank of the Regular Branch 27-Nov-2020 Lamitan, Basilan Philippines (LBP) Regular Branch 28-Nov-2020 Barili, Cebu Regular Branch 18-Dec-2020 Imelda, Zamboanga Sibugay Regular Branch 28-Dec-2020 Balingasag, Misamis Oriental Branch-lite Unit 28-Oct-2020 Balanga City Branch-lite Unit 10-Nov-2020 Himamaylan City Branch-lite Unit 21-Dec-2020 Calabanga, Camarines Sur Branch-lite Unit 28-Dec-2020 Barotac Viejo, Iloilo Branch-lite Unit 29-Dec-2020 Echague, Isabela Branch-lite Unit 29-Dec-2020 Sual, Pangasinan 5. Robinsons Bank Branch-lite Unit 07-Oct-2020 San Juan City Corporation (ROBBC) 6. Security Bank Regular Branch 07-Dec-2020 Quezon City Corporation (SBC) Branch-lite Unit 16-Dec-2020 Parañaque City Branch-lite Unit 21-Dec-2020 Quezon City B. THRIFT BANKS 1. BPI Direct BanKO, Branch-lite Unit 19-Oct-2020 San Juan, Ilocos Sur Inc. A Savings Bank Branch-lite Unit 26-Oct-2020 Umingan, Pangasinan (BPIDB) Branch-lite Unit 03-Nov-2020 Gattaran, Cagayan Branch-lite Unit 09-Nov-2020 City of Tabuk 2. CARD SME Bank, Regular Branch 07-Dec-2020 General Santos City Inc. A Thrift Bank Branch-lite Unit 26-Oct-2020 Tanauan City (CSMEB) Branch-lite Unit 07-Dec-2020 Malungon, Saranggani Branch-lite Unit 07-Dec-2020 Malungon, Saranggani Branch-lite Unit 07-Dec-2020 Malungon, Saranggani 3. Enterprise Bank, Regular Branch 01-Dec-2020 Ronda, Cebu Inc. (A Thrift Bank) (EBITB) P a g e |2
Bank Name Type of Office Date Opened City/Municipality 4. Inter-Asia Regular Branch 15-Oct-2020 Cainta, Rizal Dvelopment Bank Branch-lite Unit 09-Nov-2020 Lipa City (IADB) 5. Legazpi Savings Regular Branch 20-Nov-2020 Cainta, Rizal Bank, Inc. (LGPSB) Branch-lite Unit 14-Dec-2020 Malolos City 6. Producers Savings Regular Branch 09-Nov-2020 City of Mati Bank Corporation Regular Branch 18-Nov-2020 Panabo City (PROSB) Regular Branch 24-Nov-2020 Himamaylan City Regular Branch 28-Dec-2020 Isulan, Sultan Kudarat C. RURAL AND COOPERATIVE BANKS 1. BDO Network Regular Branch 08-Oct-2020 Dinalupihan, Bataan Bank, Inc. (BDONB) Branch-lite Unit 08-Oct-2020 San Ildefonso, Bulacan Branch-lite Unit 28-Oct-2020 Balamban, Cebu Branch-lite Unit 28-Oct-2020 Santa Cruz, Zambales Branch-lite Unit 06-Nov-2020 Bauang, La Union Branch-lite Unit 23-Nov-2020 Sanchez-Mira, Cagayan Branch-lite Unit 07-Dec-2020 Solana, Cagayan Branch-lite Unit 16-Dec-2020 Sipalay City 2. BOF, Inc. (A Rural Regular Branch 10-Dec-2020 Bacolor, Pampanga Bank) (BOFRB) 3. CARD Bank, Inc. (A Microfinance- 07-Dec-2020 Milagros, Masbate Microfinance- Oriented (MF) Oriented Rural Branch Bank) (CRDMF) Branch-lite Unit 16-Oct-2020 Banate, Iloilo Branch-lite Unit 23-Dec-2020 Baguio City 4. CARD MRI Rizal MF Branch 26-Oct-2020 Buenavista, Agusan del Bank, Inc. A Norte Microfinance- MF Branch 09-Nov-2020 Trento, Agusan del Oriented Rural Norte Bank (MRIRB) Branch-lite Unit 26-Oct-2020 Quezon City Branch-lite Unit 16-Nov-2020 Butuan City Branch-lite Unit 16-Nov-2020 Butuan City Branch-lite Unit 16-Nov-2020 Butuan City Branch-lite Unit 16-Nov-2020 Butuan City P a g e |3
Bank Name Type of Office Date Opened City/Municipality Branch-lite Unit 16-Nov-2020 Kitcharao, Agusan del Norte Branch-lite Unit 19-Nov-2020 Clarin, Misamis Branch-lite Unit 23-Nov-2020 Occidental Bunawan, Agusan del Sur Branch-lite Unit 23-Nov-2020 Bunawan, Agusan del Sur Branch-lite Unit 23-Nov-2020 Las Nieves, Agusan del Norte Branch-lite Unit 23-Nov-2020 Ozamis City Branch-lite Unit 23-Nov-2020 Ozamis City Branch-lite Unit 23-Nov-2020 Rosario, Agusan del Sur Branch-lite Unit 23-Nov-2020 Rosario, Agusan del Sur Branch-lite Unit 23-Nov-2020 Santa Josefa, Agusan del Sur Branch-lite Unit 23-Nov-2020 Tudela, Misamis Occidental Branch-lite Unit 23-Nov-2020 Veruela, Agusan del Sur Branch-lite Unit 02-Dec-2020 Monkayo, Davao de Oro Branch-lite Unit 02-Dec-2020 Monkayo, Davao de Oro 5. Community Rural Branch-lite Unit 19-Oct-2020 Bogo City Bank of Catmon (CATMN) 6. Cooperative Bank Regular Branch 05-Nov-2020 Lebak, Sultan Kudarat of Cotabato (CCOT) 7. Innovative Bank, Branch-lite Unit 01-Oct-2020 Odiongan, Romblon Inc. (A Rural Bank) (INNOV) 8. Lifebank – A Rural Branch-lite Unit 01-Oct-2020 Banate, Iloilo Bank (LFEBK) Branch-lite Unit 01-Oct-2020 Ivisan, Capiz Branch-lite Unit 26-Oct-2020 Nueva Valencia, Guimaras Branch-lite Unit 26-Oct-2020 Sibalom, Antique 9. Rang-Ay Bank, Inc. Regular Branch 07-Dec-2020 Aringay, La Union (A Rural Bank) (RANBK) P a g e |4
Bank Name Type of Office Date Opened City/Municipality 10. Rural Bank of Branch-lite Unit 07-Dec-2020 Matnog, Sorsogon Donsol (Sorsogon), Inc. (DNSOL) 12. Tonik Digital Bank, Head Office 30-Nov-2020 Pasig City Inc. (TONIK) 13. Welcome Bank (A Regular Branch 01-Oct-2020 Alabang, Muntinlupa Rural Bank), Inc. (WLCM) Digitally signed by Chuchi G. Fonacier Date: 2021.05.12 10:00:45 +08'00' CHUCHI G. FONACIER Deputy Governor 12 May 2021 P a g e |5
More in BSP Circular Letters
- Effectivity of the New Manual of Regulations for Banks(BSP Circular Letter No. CL01312000)
- Revocation of License to Operate as a Non-Stock Savings and Loan Association (NSSLA) of Philtrnaco Employees Savings and Loan Association, Inc.(BSP Circular Letter No. CL-2009-061)
- Updated List of Accredited Rural Financial Institutions for the Purpose of Implementing the Agri-Agra Reform Credit Act of 2009 (RA 10000)(BSP Circular Letter No. CL-2019-056)
- Lost BSRD No. A006472 - DE(BSP Circular Letter No. CL01172006)
- Adoption of new corporate name of PNB Republic Bank(BSP Circular Letter)
- Pru Life U.K. Asset Management and Trust Corporation (PAMTC) - Establishment and Commencement of Operations(BSP Circular Letter No. CL-2019-084)
- FCDU Asset Account(BSP Circular Letter No. CL03302000)
- Amendment of the Articles of Incorporation and By-Laws of Traders Royal Bank on the deletion of the term "banks" and "banking" from its corporate name and purpose(BSP Circular Letter)
Want an analysis of this document?
Ask ASG Legal AI to summarize it, compare it with other rulings, or explain how it applies to your situation — it researches from this same library.