Merger of International Exchange Bank with Union Bank of the Philippines
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SUPERVISION AND EXAMINATION SECTOR OFFICE OF THE DEPUTY GOVERNOR
CIRCULAR-LETTER NO. CL - 2006 - 032
TO ALL BANKS AND NON-BANK FINANCIAL INTERMEDIARIES
Subject Merger of International Exchange Bank with Union Bank of the Philippines
28 August 2006 the Plan of Merger and Articles of Merger executed on (UBP"- Surviving Corporation) and INTERNATIONAL EXCHANGE BANK (iBank -- Absorbed Corporation), whereby the entire' assets and tiabitities of 3 August 2006, by and between the UNION BANK OF THE PHILIPPINES iBank will be transferred to and absorbed by UBP The Securities and Exchange Commission (SEC) approved on
The merger took effect on 28 August 2006
For your information and guidance
MA. CorAZOn J.GuerrerC S&ctor-in-Charge
October 2006
PANANALAPING MATATAG, BANSANG PANATAG
A. Mabini St., Malate 1004 Mani!a, Philippines Trunkline (632) 524-70-11 URL:www.bsp.gov.ph e-mail: [email protected]
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