BSP Circular Letters BSP Circular Letter No. CL03252002BSP Circular Letter No. CL03252002 2002-03-25T00:00:00.000+08:00

Operation of Bank of China in the Philippines

CIRCULAR LETTER Series of 2002

TO        :   All Banks and Non-Bank Financial Intermediaries with Quasi Banking Functions

The Monetary Board, in its Resolution No. 631 dated April 18, 2000 approved-in-principle the application of Bank of China to establish a branch in the Philippines.

The Certificate of Authority to Operate was signed by the Officer-In-Charge on November 21, 2001.

The Bank started operations on January 28, 2002.

RAFAEL B. BUENAVENTURA Governor

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