BSP Circular Letters BSP Circular Letter No. CL-2010-027BSP Circular Letter No. CL-2010-027 2010-04-19T00:00:00.000+08:00

Australia and New Zealand Banking Corporation Limited (Philippine Branch) - Conversion to a Universal Bank

CIRCULAR LETTER NO. CL-2010-027

To:  All Banks and Non-Bank Financial Institutions

Subject: Australia and New Zealand Banking Corporation Limited (Philippine Branch) - Conversion to a Universal Bank

The Monetary Board, in its Resolution No. 111 dated 29 January 2010, approved the upgrading of the Australia and New Zealand Banking Group Limited to a universal bank.  The Bank started its operations as a universal bank on 19 March 2010.

For information and guidance.

NESTOR A. ESPENILLA, JR. Deputy Governor

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