Approved Applications for New Banking Offices and Banking Offices which Opened/Re-Opened

CIRCULAR LETTER Series of 2006

TO         :       All Banks

Subject  :      Approved Applications for New Banking Offices and Banking Offices which Opened/Re-Opened

For information, listed below are the: (1) approved applications for new banking offices; and (2) banking offices which opened/re-opened during the 4th Quarter of 2005:

I. APPROVED APPLICATIONS

Type of Office

Date Approved

City/ Municipality

A.  COMMERCIAL BANK

1.

Philippine Rural Banking (PR Bank)

Branch

10/03/05

Sual, Pangasinan

B.  RURAL BANK

1.

Philippine Rural Banking (PR Bank)

Branch

10/04/05

Enrile, Cagayan

2.

RB of Luna (Isabela)

Branch

10/06/05

Sta. Maria, Isabela

3.

RB of Guinobatan (Albay)

Branch

10/10/05

Casiguran, Sorsogon

Branch

10/10/05

Gubat, Sorsogon

4.

RB of Dipolog (Zamboanga del Norte)

Microfinance Branch (MF Branch)

10/18/05

Ipil, Zamboanga Sibugay

5.

Limcoma Rural Bank

MF Branch

10/24/05

Bauan, Batangas

MF Branch

10/24/05

Lipa City, Batangas

6.

Bangko Kabayan (Ibaan Rural Bank)

Loan Collection & Disbursement Point (LCDP) LCDP

11/03/05

Batangas City, Batangas

7.

First-Agro Industrial RB

MF Branch

12/09/05

Danao City, Cebu

MF Branch

1209/05

Balamban, Cebu

II. OPENED

A.  COMMERCIAL BANK

1.

International Exchange Bank

Branch

12/27/05

Carmona, Cavite

B.  THRIFT BANKS

a.  Savings and Mortgage Bank

1.

World Partners Bank

Branch

10/25/05

Tanauan City, Batangas

b.  Private Development Bank

1.

Luzon Development Bank

Branch

12/19/05

San Pedro, Laguna

c.  Microfinance Thrift Bank

1.

Kauswagan Bank (A MF-Oriented TB)

Branch

10/17/05

Tagbilaran City, Bohol

C.  RURAL BANKS

1.

Rural Greenbank of Caraga

MF Branch

10/18/05

Madrid, Surigao del Sur

MF Branch

10/18/05

Tagoloan, Misamis Oriental

2.

RB of Santiago de Libon

Branch

11/02/05

Sto. Domingo, Albay

3.

RB of Marayo (Negros Occ.)

Branch

10/14/05

Magalona, Negros Occidental

4.

One Network Rural Bank

Branch

11/24/05

Sta. Maria, Davao del Sur

Branch

12/12/05

Zamboanga City, Zamboanga del Sur

5.

Agri Business Rural Bank (Nueva Vizcaya)

Branch

10/10/05

San Guillermo, Isabela

Branch

11/11/05

Peñablanca, Cagayan

6.

RB of Benito Soliven

Branch

12/20/05

Iguig, Cagayan

III. RE-OPENED

A.  THRIFT BANKS

a.  Savings and Mortgage Bank

1.

Equitable Savings Bank

Branch

10/26/05

Antipolo City, Rizal

10/26/05

Batangas City, Batangas

10/26/05

Angeles City, Pampanga

10/26/05

Dagupan City, Pangasinan

10/26/05

Makati City

10/26/05

Iloilo City, Iloilo

10/26/05

Dumaguete City, Negros Oriental

10/26/05

Cebu City, Cebu

10/26/05

Davao City, Davao del Sur

10/26/05

Lucena City, Quezon

2.

The Manila Banking Corp.

Branch

12/12/05

Quezon City

B.  RURAL BANKS

1.

Rural Bank of Makati

Branch

10/18/05

San Pablo City, Laguna

2.

Rural Greenbank of Caraga

Branch

10/28/05

Bacolod City, Negros Occidental

Branch

11/08/05

Iloilo City, Iloilo

3.

Peninsula Rural Bank

Branch

10/08/05

Davao City, Davao del Sur

4.

Philippine Farmers' Bank

Branch

11/15/05

Tacloban City, Leyte

For information and guidance.

NESTOR A. ESPENILLA, JR. Deputy Governor