BSP Circular Letters BSP Circular LetterBSP Circular Letter 1997-11-12T00:00:00.000+08:00
Establishment and operations of Orion Savings Bank, Inc.
CIRCULAR LETTER Series of 1997
TO : All Banks and Non-Bank Financial Intermediaries with Quasi-Banking Functions
The Monetary Board, in its Resolution No. 503 dated April 30, 1997 authorized the establishment and operations of ORION SAVINGS BANK, INC. as a thrift bank.
The Certificate of Authority to Operate was signed by the Governor on October 24, 1997.
The bank started operations on November 5, 1997.
R. P. LIRIO Managing Director Supervision and Examination II
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