BSP Circular Letters BSP Circular Letter No. CL-2016-091BSP Circular Letter No. CL-2016-091 2016-11-10T00:00:00.000+08:00

Conversion of Opportunity Kauswagan Bank, Inc (A Microfinance Thrift Bank) from a Microfinance-Oriented Thrift Bank into a Microfinance-Oriented Rural Bank to be know as Opportunity Kauswagan Bank, Inc. (A Microfinance Rural Bank)

BANOKo SeNrnIL NO PTLIPINAS OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR CIRCUTAR LETTER NO. CL -2OL6. 091 To All BSP Supervised Financial lnstitutions and BSP Supervised Non- Bank Financial lnstitutions Subject Conversion of Opportunity Kauswagan Bank, Inc. (A Microfinance Thrift Bank| from a Microfinance-Oriented Thrift Bank into a Microfinance-Oriented Rural Bank to be known as Opportunity Kauswagan Bank, Inc. (A Microfinance Rural Bank) The Securities and Exchange Commission regi.stered on 30 August 2016 the conversion of Opportunity Kauswagan Bank, Inc. (A Microfinance Thrift Bank) into a microfinance-oriented rural bank to be known as Opportunity Kauswagan Bank, Inc. (A Microfinance Rural Bank) operating under the business name/style of OK BANK (A Microfinance Rural Bank). The corresponding Certificate of Authority to Operate as a rural bank was issued by the Bangko Sentral ng Pilipinas on 25 September 2OL6. The Bank started to operate as a rural bank on 17 October 20L6. For information and guidance. il*'h#f Deputy Governor l0 November 2015

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