BSP Circular Letters BSP Circular Letter No. CL01091997BSP Circular Letter No. CL01091997 1997-01-09T00:00:00.000+08:00

To authorize the establishment and operation of BSA SAVINGS BANK, INC. as a thrift bank

CIRCULAR LETTER Series of 1997

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

The Monetary Board, in its Resolution No. 797 dated 7 August 1996, authorized the establishment and operation of BSA SAVINGS BANK, INC. as a thrift bank.

The Certificate of Authority to operate was signed/issued by the Governor on 26 December 1996. The bank started operations on 6 January 1997.

ALBERTO V. REYES Deputy Governor

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