BSP Circular Letters BSP Circular Letter No. CL06271996BSP Circular Letter No. CL06271996 1996-06-27T00:00:00.000+08:00

Authorized the establishment and operation of AMBER DEVELOPMENT BANK as a Thrift Bank

CIRCULAR LETTER Series of 1996

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

The Monetary Board, in its Resolution No. 1192 dated December 1, 1994, authorized the establishment and operation of AMBER DEVELOPMENT BANK as a Thrift Bank.

The Certificate of Authority to operate was signed/issued by the Governor on May 13, 1996.

The bank started operations on June 3, 1996.

ALBERTO V. REYES Deputy Governor

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