BSP Circular Letters BSP Circular Letter No. CL-2024-009BSP Circular Letter No. CL-2024-009 2024-02-22T00:00:00.000+08:00

CDCP Employees’ Savings and Loan Association, Inc. – Surrender of License to Operate as an NSSLA

OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL-2024-__ 009 To : All Banks and Non-Bank Financial Institutions Subject : CDCP Employees’ Savings and Loan Association, Inc. - Surrender of License to Operate as an NSSLA The Monetary Board, in its Resolution No. 168 dated 08 February 2024, approved the voluntary surrender of license of the CDCP EMPLOYEES’ SAVINGS AND LOAN ASSOCIATION, INC. to operate as a non-stock savings and loan association, with the end-view to proceed with voluntary dissolution and liquidation. For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2024.02.22 08:42:03 +08'00' CHUCHI G. FONACIER Deputy Governor 22 February 2024 Classification: GENERAL

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