BSP Circular Letters BSP Circular Letter No. CL08051996BSP Circular Letter No. CL08051996 1996-08-05T00:00:00.000+08:00

To authorize the establishment and operation of ECOLOGY SAVINGS BANK, INC. as a thrift bank

CIRCULAR LETTER Series of 1996

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

The Monetary Board, in its Resolution No. 166 dated February 14, 1996 authorized the establishment and operation of ECOLOGY SAVINGS BANK, INC. as a thrift bank.

The Certificate of Authority to operate was signed/issued by the Governor on June 11, 1996.

The bank started operations on July 3, 1996.

ALBERTO V. REYES Deputy Governor

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