BSP Circular Letters BSP Circular Letter No. CL11052001ABSP Circular Letter No. CL11052001A 2001-11-05T00:00:00.000+08:00
Conversion of the Kaunlaran Savings and Loan Association, Inc. from a thrift bank into a rural bank
CIRCULAR LETTER Series of 2001
TO: All Banks and Non-Bank Financial Institutions with Quasi-Banking Functions
The Monetary Board in its Resolution No. 761 dated May 17, 2001, approved the conversion of the Kaunlaran Savings and Loan Association, Inc. from a thrift bank into a rural bank, to be known as the "Kaunlaran Rural Bank, Inc."
The Certificate of Authority to operate as a rural bank was signed and issued by the Governor on October 17, 2001.
For information and guidance.
ALBERTO V. REYES Deputy Governor
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