Meycauayan Second Rural Bank, Inc. – Voluntary Surrender of Banking License

OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR 001 CIRCULAR LETTER NO. CL – 2021 – ____ To : ALL BANKS AND NON-BANK FINANCIAL INSTITUTIONS Subject : Meycauayan Second Rural Bank, Inc. – Voluntary Surrender of Banking License The Monetary Board, in its Resolution No. 1707 dated 28 December 2020, approved the voluntary surrender by Meycauayan Second Rural Bank, Inc. (SCMEY) of its banking license to the Bangko Sentral ng Pilipinas. Effective 4 January 2021, SCMEY ceased to operate as a bank. For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2021.01.06 19:09:27 +08'00' CHUCHI G. FONACIER Deputy Governor 06 January 2021 A. Mabini St., Malate 1004 Manila, Philippines • (632) 8708-7701 • www.bsp.gov.ph • [email protected]