Merger of Banco Dipolog, Inc. A Rural Bank, Rural Bank of Nagcarlan, Inc. and Rural Bank of Kabasalan (Zamboanga del Sur), Inc.

BANGKo SeNrReL No PII.IpINI\s OFFICE OF THE DEPUW GOVERNOR SUPERVISION AND EXAMINATION SECTOR CIRCULAR LETTER NO. Ct -2OL8- OO1 To : ALL BANKS AND NON-BANK FINANCIAI INSTITUTIONS Subject : Merger of Banco Dipolog, Inc. A Rural Bank, Rural Bank of Nagcarlan, tnc. and Rural Bank of Kabasalan (Zamboanga del Sur), Inc. The Securities and Exchange Commission approved on 11 December 2017 the Articles and Plan of Merger executed by and among Banco Dipolog, Inc. A Rural Bank (Banco Dipolog), Rural Bank of Nagcarlan, Inc. and Rural Bank of Kabasalan (Zamboanga del Sur), Inc., with Banco Dipolog as the surviving bank. The effective date of the merger was on 11 Decemb er 2017. For information and guidance. G. FONACIER ( January 2018 A. Mabini St., Malate 1004 Manila, Philippines . (63217O8-7701 . www.bsp.gov.ph . [email protected]