BSP Circular Letters BSP Circular LetterBSP Circular Letter 1997-08-14T00:00:00.000+08:00

To authorize the establishment and operation of Citystate Savings Bank, Inc.

CIRCULAR LETTER Series of 1997

TO : All Banks and Non-Bank Financial Institutions With Quasi-Banking Functions

The Monetary Board, in its Resolution No. 196 dated February 26, .1997, authorized the establishment and operation of CITYSTATE SAVINGS BANK, INC. as a thrift bank.

The Certificate of Authority to operate was signed/issued by the Governor on August 7, 1997.

The bank started operations on August 8, 1997.

ALBERTO V. REYES Deputy Governor

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