Consolidation of Insular Rural Bank, Inc. and Filipino Savers Bank, Inc. (A Rural Bank), to be known as Insular Savers Bank, Inc. (A Rural Bank)

E|ANGKo Serurnal NG PILIPINAs OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR crRcutAR TETTER NO. Ct- 2015 - 038 To : All Banks and Non-Bank Financial Institutions Subject : consolidation of lnsular Rural Bank, Inc. and Filipino savers Bank, Inc. (A Rural Bankl, to be known as Insular savers Bank, Inc. (A Rural Bank) The Securities and Exchange Commission (SEC) approved on 22January 2015 the Articles and Plan of Consolidation of Insular Rural Bank, Inc. and Filipino Savers Bank, Inc. (A Rural Bank) and registered on the same date the Articles of Incorporation and By-Laws of the consolidated bank, to be known as Insular Savers Bank, Inc. (A Rural Bank). The Bank started to operate as a consolidated rural bank on l June 2015. For information and guidance. ?) June 2015 A. Mabini St., Malate 1004 Manila, Philippines o (6321708-7701 . www.bsp.gov.ph . [email protected]