BSP Circular Letters BSP Circular LetterBSP Circular Letter 1999-09-28T00:00:00.000+08:00

Merger by and between Equitable Banking Corporation and Philippine Commercial International Bank

NQ

(+ Maynila. Pilipinas

SUPERVISION AND EXAMINATION SECTOR

Office of the Deputy Governor

CIRCULAR LETTER September 28, 1999

TO: FINANCIAL INTERMEDIARIES ALL BANKS AND NON-BANK

(PCiBank - Absorbed Corporation), whereby the entire assets and liabilities of PCiBank Plan of Merger and Articles of Merger executed on July 15, 1999 and July 22, 1999, respectively, by and between the EQU!TABLE BANKiNG CORPORATiON (EBC will be transferred to and absorbed by EBC. Surviving Corporation) and PHILiPP{NE COMMERCIAL INTERNATIONAL BANK The Securities and Exchange Commission approved on September 2, 1999 the

took effect on September 26, 1999. The merger of the two banks which will be known as "EQUITABLE PCI Bank"

For your information and guidance.

ALBERTO V. REYES Deputy Governor

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