BSP Circular Letters BSP Circular LetterBSP Circular Letter 2002-09-09T00:00:00.000+08:00

Amendment of the Articles of Incorporation and By-Laws of Traders Royal Bank on the deletion of the term "banks" and "banking" from its corporate name and purpose

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MayniLa Filipinas

SUPERVISION AND EXAMINATION SECTOR Office of the: Deputy Governor

CIRCULAR LETTER (Series of 2002)

To: all BaNKs and noN-BanK FINANCIAL INTERMEDIARIES

Royal Bank on the deletion of the term "banks" and "banking" from its Accordingly, the bank franchise of Traders Royal Bank has been automatically 2002 the Amendment of the Articies of Incorporation and By-Laws of Traders corporate name and purpose, pursuant to the purchase of assets and assumption of liabilities of Traders Royai Bank by Bank of Commerce revoked and Traders Royal Bank has ceased to operate as a banking entity. The Securities and Exchange Commission approved on August 15,

of Commerce and Traders Royal Bank have been consolidated and the former has carried their operations since then. Effective July 3, 2002, the banking activities and transactions of Bank

For your information and guidance.

AlBerto V. Re

Deputy Governbr

September 9, 2002

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