BSP Memoranda BSP Memoranda No. M-2007-035BSP Memoranda No. M-2007-035 2007-11-16T00:00:00.000+08:00

MB Resolution No. 1057 dated 20 September 2007, Revocation of License of TEAMSLAI

MEMORANDUM NO. M-2007-035

To:  All Banks and Non-Bank Financial Institutions

Subject : MB Resolution No. 1057 dated 20 September 2007, Revocation of License of TEAMSLAI

Notice is hereby given that the Monetary Board, in its Resolution No. 1057 dated 20 September approved the revocation of  the license of the Textiles and Apparels Management Resources Employees Savings and Loan Association, Inc. (TEAMSLAI) to operate as non-stock savings and loan association.

For information and guidance.

MA. DOLORES B. YUVIENCO Sector-in-Charge

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