BSP Circular Letters BSP Circular LetterBSP Circular Letter 2005-03-03T00:00:00.000+08:00

To prohibit the Rural Bank of Rizal (Occidental Mindoro), Inc. from doing business in the Philippines and to place its assets and affairs under receivership

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SUPERVISiON AND EXAMInATION SECTOR OFFICE OF THE DEPUTY GOVERNOR

CIRCULAR-LETTER

TO: ALL BANKS

256 dated 24 February 2005, approved and confirmed to prohibit the RURAL accordance with Section 30 of R. A. No. 7653 Philippines and to place its assets and affairs under receivership in BANK OF RIZAL (OCCIDENTAL MINDORO),INC. from doing business in the Notice is hereby given that the Monetary Board, in its Resolution No.

Receiver of the aforementioned rural bank. The Philippine Deposit Insurance Corporation has been designated as

For information and guidance

ALBertO V. REyeS

Deputy Governor

March 2005

PananaLaPing MatataG, BanSang Panatag

A. Mabini St., Maiate 1004 Manila, Philippines Trunkiine (632) 524-70-11 URL:www.bsp.gov.ph e-mail: [email protected]

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