BSP Circular Letters BSP Circular Letter No. CL02201997BSP Circular Letter No. CL02201997 1997-02-20T00:00:00.000+08:00

Certificate of Fixed Time Deposit and Standby L/C Purportedly Issued by PT Bank Dagang Negara (PERSERO)

CIRCULAR LETTER Series of 1997

TO : All Banks and Non-Bank Financial Institutions

SUBJECT : Certificate of Fixed Time Deposit and Standby L/C Purportedly Issued by PT Bank Dagang Negara (PERSERO)

Attached, for your information and guidance, is a copy of the letter dated January 30, 1997 from PT Bank Dagang Negara (PERSERO), informing the Bangko Sentral ng Pilipinas that they have never issued and confirmed Certificate of Time Deposit No. 2230777 and Standby L/C No. LC9701KP108 purportedly endorsed or signed by Mr. Subagyo Karsono, President/Director of said bank.

ALBERTO V. REYES Deputy Governor

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