BSP Circular Letters BSP Circular Letter No. CL08291996BSP Circular Letter No. CL08291996 1996-08-29T00:00:00.000+08:00
To authorize the establishment and operation of EQUITABLE 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. 89 dated January 24, 1996, authorized the establishment and operation of EQUITABLE SAVINGS BANK, INC. as a thrift bank.
The Certificate of Authority to operate was signed/issued by the Governor on May 24, 1996.
The bank started operations on July 17, 1996.
ALBERTO V. REYES Deputy Governor
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