BSP Circular Letters BSP Circular Letter No. CL-2012-063BSP Circular Letter No. CL-2012-063 2012-08-17T00:00:00.000+08:00

East-West Banking Corporation - Conversion to a Universal Bank

CIRCULAR LETTER NO. CL-2012-063

To:  All Banks and Non-Bank Financial Institutions

Subject: East-West Banking Corporation - Conversion to a Universal Bank

The Monetary Board, in its Resolution No. 1696 dated 25 November 2010, approved the upgrading of East West Banking Corporation to a universal bank.  The Bank started its operations as a universal bank on 1 August 2012.

For information and guidance.

NESTOR A. ESPENILLA, JR. Deputy Governor

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