HSBC Private Bank (Suisse) SA (HSBC PB) Establishment of a Representative Office in the Philippines
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SUPERVISION AND EXAMINATION SECTOR OFFICE OF THE DEPUTY GOVERNOR
CIRCULAR LETTER NO. CL -- 2009 - _ 010
To All Banks and Non-Bank Financial Institutions
Subject HSBCPrivate Establishment of a Representative Office in the Philippines Bank (Suisse) SA (HSBC PB)
The Monetary Board, in its Resoiution No. 513 dated 03 May 2007
tiaison office which will directly deal with the public by promoting and giving information about the Bank's services and products offered. approved the application of HSBC PB, a bank organized under the laws of Switzerland, to establish a representative office in the Philippines to act as its
signed by the Governor on 31 July 2007 and its representative office The corresponding Certificate of Authority issued to HSBC PB was
commenced operations effective 01 December 2008.
Nestor a. PENIL JR
Deputy Goverrlor
{ February 2009
PananaLaping Matatag, BanSang Panatag
A. Mabini St., Matate 1004, Manila, Phitippines Trunkline (632) 524-70-11 URL:www.bsp.goy.ph e-mail: [email protected]
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