Approved applications for new banking offices and new banking offices opened during the 2nd Quarter of 2004

CIRCULAR LETTER Series of 2004

TO :All Banks

For information, listed below are the (1) approved applications for new banking offices; and (2) new banking offices opened during the 2nd Quarter of 2004:

I. APPROVED APPLICATIONS

A. COMMERCIAL BANK Type of Office Date Approved City/ Municipality

1. International Exchange Bank Branch 05/13/04 Carmona, Cavite

Branch 05/13/04 Tanza, Cavite

Branch 05/13/04 San Jose, Batangas

Branch 05/13/04 Tanauan, Batangas

B. THRIFT BANK

None

C. RURAL BANKS

1. Rural Bank of Pilar (Sprsogon), Inc. Branch 04/05/04 Bacacay, Albay

2. Agri-business Rural Bank Branch 04/15/04 Kasibu, Nueva Vizcaya

3. Cooperative Bank of Cagayan Branch 04/16/04 Lal-lo. Cagayan

4. Summit Bank (Rural Bank of Tublay) Branch Branch 04/20/04 04/20/04 Atok, Benguet Bantay, Ilocos Sur

5. Surigaonon Rural Banking Corp. Branch Branch 04/26/04 04/26/04 Kitcharai, Agusan Libjo, Surigao del Norte

6. Rural Bank of Cauayan (Isabela) Branch 04/26/04 San Mariano, Isabela

7. Mallig Plains Rural Bank (Isabela) Branch 05/14/04 Sto. Tomas, Isabela

8. Rural Bank of Cantilan (Surigao del Norte) Branch 06/02/04 Socorro, Surigao del Norte

9. Rural Greenbank of Carraga, Inc. MF Branch 06/03/04 Ampayon, Butuan City

MF Branch 06/03/04 Trento, Agusan del Sur

MF Branch 06/03/04 Dapa, Surigao del Norte

MF Branch 06/03/04 Cabadbaran, Agusan del Sur

MF Branch 06/03/04 Bislig, Surigao del Sur

10. Rural Bank of Sto. Tomas Branch 06/29/04 Kapalong, Davao del Norte

(Davao del Norte) Branch 06/24/04 Asuncion, Davao del Norte

I. OPENED/RE-OPENED

Re-Opened

A. COMMERCIAL BANKS

1. Banco de Oro Branch 04/02/04 Lipa City

Branch 05/20/04 Dasmarinas, Cavite

Branch 06/03/04 Makati City

Branch 06/10/04 Naga City

2. East West Bank Branch 04/14/04 Pasig City

Branch 04/14/04 Muntinlupa City

Branch 05/05/04 Tarlac City

3. Bank of Commerce Branch 05/17/04 Quezon City

Branch 05/31/04 Baguio City

4. Maybank Phils., Inc. Branch 05/24/04 Baguio City

5. Asia United Bank Branch 06/28/04 Caloocan City

6. Metrobank Branch 06/03/04 Manila

Branch 06/03/04 Manila

Branch 06/03/04 Makati City

Branch 06/03/04 Makati City

Branch 06/03/04 Makati City

Branch 06/03/04 Las Pinas City

Branch 06/03/04 Malolos, Bulacan

Branch 06/03/04 Dasmarinas, Cavite

Branch 06/03/04 Sta. Rosa, Laguna

Branch 06/03/04 Canlubang, Laguna

Branch 06/03/04 Ceby City

Branch 06/03/04 Boracay Island, Aklan

Branch 06/03/04 Lapu-Lapu City

Branch 06/03/04 Dipolog City

Branch 06/03/04 Ozamis City

B. THRIFT BANKS

SAVINGS AND MORTGAGE BANK

1. Robinsons Savings Bank Branch 05/06/04 Sta. Rosa, Laguna

Branch 05/17/04 Dasmarinas, Cavite

Branch 05/17/04 Lipa City

2. Philippine Business Bank Branch 05/24/04 Quezon City

3. Keppel Bank Phils. Inc. Branch 06/18/04 Marilao, Bulacan

PRIVATE DEVELOPMENT BANK

1. Planters Development Bank Branch 04/27/04 Quezon City

Branch 04/27/04 Calapan, Oriental Mindoro

Branch 06/29/04 Paranaque City

STOCK SAVINGS AND LOAN ASSN.

1. Merchants SLA, Inc. Branch 04/19/04 Cebu City

C. RURAL BANKS

Opened

1. Rural Bank of Santiago de Libon Branch 04/18/04 Pio Duran, Albay

2. Rural Bank of Sto. Domingo (Nueva Ecija) Branch 04/19/04 San Miguel, Pangasinan

3. Rang-ay Rural Bank MF Branch 04/26/04 Vigan City, Ilocos Sur

4. Bangko Nuestra Senora del Pilar Inc. (A RB) H.O. 06/08/04 San Simon, Pampanga

5. Cooperative Bank of Cagayan Branch 05/28/04 Lal-lo, Cagayan

6. Producers Rural Banking Corp. Branch 04/28/04 Plaridel, Bulacan

Branch 05/25/04 Bambang, Nueva Vizcaya

7. RB of Kapatagan Valley MF Branch 05/18/04 Ipil, Zamboanga Sibugay

8. Rural Greeenbank of Caraga Branch 06/01/04 Ormoc City, Leyte

Branch 06/01/04 Nabunturan, Compostela Valley

Branch 06/01/04 Tagum City, Davao del Norte

Branch 06/01/04 Valencia City, Bukidnon

Branch 06/21/04 Gingoog City, Misamis Oriental

MF Branch 06/14/04 Ampayon, Butuan City

MF Branch 06/15/04 Trento, Agusan del Norte

MF Branch 06/16/04 Dapa, Surigao del Norte

MF Branch 06/17/04 Cabadbaran, Agusan del Norte

MF Branch 06/18/04 Mangagoy, Bislig City, Surigao del Sur

9. RB of Barotac Viejo (Iloilo) Branch 06/18/04 Concepcion, Iloilo

10. Asian Hills Bank (Bukidnon) Branch 6/23/04 Talakag, Bukidnon

ALBERTO V. REYES Deputy Governor