List of approved applications for new banking offices and new banking offices opened during the 2nd Quarter of 2003

CIRCULAR LETTER Series of 2003

TO    :    All Banks

For information, listed below are: (1) the approved applications for new banking offices; and (2) the new banking offices opened during the 2nd Quarter of 2003:

Type of Office Date Approved City/ Municipality

I.  APPROVED APPLICATIONS

A.  COMMERCIAL BANK

1.  Rizal Commercial Banking Corp. Branch 05/05/03 Calamba, Laguna

B.  THRIFT BANK

1.  Philippine Postal Bank Branch 05/05/03 Bula, Camarines Sur

Branch 05/05/03 Tigaon, Camarines Sur

C.  RURAL BANKS

1.  Rural Bank of Benito Soliven Branch 04/14/03 Diadi, Nueva Vizcaya

Branch 04/14/03 Ballesteros, Cagayan

2.  RB of Sto. Domingo Branch 04/28/03 Anao, Tarlac

Branch 04/28/03 San Manuel, Pangasinan

3.  Rang-ay Rural Bank (La Union) Branch 04/30/03 Vigan City, Ilocos Sur

4.  PR Rural Banking Corp. Branch 05/12/03 Buruanga, Aklan

Branch 05/12/03 Echague, Isabela

5.  RB of Rosario (La Union) Branch 06/02/03 Sison, Pangasinan

6.  Rural Bank of Agoo Branch 06/02/03 Pugo, La Unuion

7.  Quezon Capital RB (Lucena City) Branch 06/11/03 Guinayangan, Quezon

Branch 06/11/03 San Narciso, Quezon

8.  RB of Polomolok (So. Cotabato) Branch 06/17/03 Maasim, Saranggani

9.  RB of Camalig (Albay) Branch 06/27/03 San Andres, Catanduanes

II.  OPENED

A.  COMMERCIAL BANK

1.  Philippine National Bank Sub-Branch 05/19/03 Nagoya, Japan

B.  RURAL BANKS

1.  Network RB, Inc. Branch 05/23/03 Padala, Davao del Sur

Branch 05/23/03 Malungon, Sarangani

2.  RB of Calbayog City (Western Samar) Branch 04/14/03 Sta. Margarita, Western Samar

3.  RB of Cantilan Branch 05/19/03 San Miguel, Surigao del Sur

4.  RB of Dulag Microfinance Branch 06/27/03 Tacloban City

5.  RB of Oslob, Inc. Branch 06/16/03 Samboan, Cebu

ALBERTO V. REYES Deputy Governor