State Bank of India - Manila Representative Office - Re-opening and Commencement of Operation

BANEKO SerurnaL N@ PIL!PINAS OFFICE OF THE DEPUW GOVERNOR SUPERVISION AND EXAMINATION SECTOR crRcurAR TETTER NO. CL- 2017{€5 To : All BSP-Supervised Financial Institutions Subject : State Bank of India - Manila Representative Office - Re-opening and Commencement of Operation The Monetary Board granted authority to State Bank of India to re-open its representative office in the Philippines to be known as "State Bank of India - Manila Representative Office". As a liaison office of State Bank of India which deals directly with the public, its function shall be limited to promoting and providing information about the services/products offered by State Bank of India and shall not include those of its affiliates. The State Bank of India - Manila Representative Office was registered with the Securities and Exchange Commission on 19 June 20L7. The corresponding Certificate of Authority to Operate as a representative office was issued by the Bangko Sentral ng Pif ipinas on 05 luly 2OL7 and its operations started on 01 October 20L7. For information and guidance. 4M' HI G. FONACIER eputy Governor 2o october 2or7 A. Mabini St., Malate 1004 Manila, Philippines o (532) 708-770L o www.bsp.gov.ph o [email protected]