Celebration of Trust Consciousness Week

CIRCULAR LETTER NO. CL-2008-___

TO :   ALL BANKS AND NON-BANK FINANCIAL INSTITUTIONS WITH TRUST FUNCTIONS

Subject :  Celebration of Trust Consciousness Week The Bangko Sentral ng Pilipinas supports the Trust Officers Association of the Philippines in cooperation with its educational arm, the Trust Institute Foundation of the Philippines, in the celebration of “Trust Consciousness Week” from 10 to 14 March 2008.

The main objective of the annual celebration is to raise the level of public awareness and understanding of the concepts, basics and products of trust, other fiduciary and investment management services, as well as to highlight the important role of the trust industry in the capital market and the overall development of the Philippine economy.

All banks and non-bank financial institutions performing trust functions are enjoined to ensure the successful national observance of this week, with the theme “Widening Investors’ Options through Trust”.

For information and guidance.

NESTOR A. ESPENILLA, JR. Deputy Governor