BSP Circular Letters BSP Circular Letter No. CL-2009-057BSP Circular Letter No. CL-2009-057 2009-07-30T00:00:00.000+08:00

New Covenant Bank, Inc. (A Rural Bank) - Establishment and Commencement of its Operations

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SUPERVISION AND EXAMINAtION SECTOr OFFICE OF tHE dEPUtY GOVERNOR

CIRCULAR LETTER NO. CL- 2009-..057

To ALL BANKS AND NON-BANK FINANCIAL INStItUtiONS

Subiect: New Covenant Bank, Inc. (A Rural Bank):- Establishment and Commencement of its Operation

The Monetary Board, in its Resolution No. 1180 dated

Aurora, to be known as "New Covenant Bank, Inc. (A Rural Bank)". 11 September 2008, approved the establishment of a rural bank in Dingalan,

the Securities and Exchange Commission on 9 February 2009 and its Certificate of Authority to Operate was issued on 10 June 2009. It started its banking operation on 11 June 2009 The Bank's Articles of Incorporation and By-Laws were registered with

For information/guidance.

1 LENY `SILVESTRE

Ju\w 2009 Sector-In-Charge

PananaLaPIng Matatag, BanSang Panatag

A. Mabini St., Malate 1004, Manila, Philippines Trunkline (632) 524-70-11 URL:www.bsp.gov.ph c e-mail: [email protected]

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