BSP Circular Letters BSP Circular Letter No. CL-2018-054BSP Circular Letter No. CL-2018-054 2018-07-17T00:00:00.000+08:00

Chang Hwa Commercial Bank, Ltd. - Manila Branch - Establishment and Commencement of Operation

BANGKo SenrReL NG PITIpINAS OFFICE OF THE DEPUW GOVERNOR FI NANCIAL SUPERVISION SECTOR CIRCUIAR LETTER NO. CL - 2018{54 To : All BSP-Supervised Financial lnstitutions Subject : Chang Hwa Commercial Bank, Ltd. - Manila Branch - Establishment and Commencement of Operations The Monetary Board, in its Resolution No. LL87 dated 13 July 2OL7, granted authority to the Chang Hwa Commercial Bank, Ltd., a Taiwan-based bank, to establish a branch in the Philippines with commercial banking license. The Chang Hwa Commercial Bank, Ltd. - Manila Branch wa5 registered with the Securities and Exchange Commission on 31 January 20L8. The corresponding Certificate of Authority to Operate as a commercial bank was issued by the Bangko Sentral ng Pilipinas on L3 June 201.8. The Bank started its operations on 9 July 2018. For information and guidance. fa?-'>+-AF ' CHIG. FONACIER eputy Governor 17 nry zol: A. Mabini St., Malate 1004 Manila, Philippines o (632) 7O8-77OL o www.bsp.gov.ph r [email protected]

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