BSP Circular Letters BSP Circular LetterBSP Circular Letter 2002-08-19T00:00:00.000+08:00

Conversion of Guaga Savings Bank, Inc. from a thrift bank to a rural bank

CIRCULAR LETTER Series of 2002

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

The Monetary Board, in its Resolution No. 320 dated February 22, 2001, approved the conversion of the Guaga Savings BAnk, Inc. from a thrift bank into a rural bank, to be known as the "Guagua Savers Bank, A Rural Bank, Inc."

The Certificate of Authority to operate as a rural bank was signed and issued by the Governor on August 8, 2002.

For information and guidance.

ALBERTO V. REYES Deputy Governor

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