BSP Circular Letters BSP Circular Letter No. CL02282002BSP Circular Letter No. CL02282002 2002-02-28T00:00:00.000+08:00

Conversion of Pangasinan Development Bank, Inc. from a thrift bank into a rural bank, to be known as the "Bangko Pangasinan - A Rural Bank, Inc."

CIRCULAR LETTER Series of 2002

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

The Monetary Board, in its Resolution No. 791 dated May 24, 2001, approved the conversion of the Pangasinan Development Bank, Inc. from a thrift bank into a rural bank, to be known as the “Bangko Pangasinan - A Rural Bank, Inc.”

The Certificate of Authority to operate as a rural bank was signed and issued by the Officer-in-Charge on February 6, 2002.

For information and guidance.

ALBERTO V. REYES Deputy Governor

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