BSP Circular Letters BSP Circular Letter No. CL12021994BSP Circular Letter No. CL12021994 1994-12-02T00:00:00.000+08:00
Conversion and operation of AIR Finance Company (Philippines), Inc.
CIRCULAR LETTER Series of 1994
The Monetary Board, in its Resolution No. 502 dated 24 November 1993, authorized the conversion and operation of AIR Finance Company (Philippines), Inc. as a thrift bank to be known as PHILAM SAVINGS BANK, INC. (PHILAMBANK).
The Certificate of Authority to Operate was signed/issued by the Governor on 30 November 1994.
R. P. LIRIO Managing Director
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