BSP Circular Letters BSP Circular Letter No. CL06202002BSP Circular Letter No. CL06202002 2002-06-20T00:00:00.000+08:00

Conversion of Cavite Development Bank, Inc. from a thrift bank into a rural bank

CIRCULAR LETTER Series of 2002

TO         :    All Banks and Non-Bank Financial Institutions with Quasi-Banking Functions

The Monetary Board, in its Resolution No. 0097 dated January 18, 2001, approved the conversion of the Cavite Development Bank, Inc. from a thrift bank into a rural bank, to be known as the "Cavite Rural Banking Corporation".

The Certificate of Authority to operate as a rural bank was signed and issued by the Governor on May 30, 2002.

For information and guidance.

ALBERTO V. REYES Deputy Governor

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