BSP Circular Letters BSP Circular Letter No. CL07231996BSP Circular Letter No. CL07231996 1996-07-23T00:00:00.000+08:00
Establishment and operation of RICHMOND SAVINGS BANK 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. 1387 dated December 6, 1995, authorized the establishment and operation of RICHMOND SAVINGS BANK as a Thrift Bank.
The Certificate of Authority to operate was signed/issued by the Governor on July 3, 1996.
The bank started operations on July 15, 1996.
ALBERTO V. REYES Deputy Governor
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