First Commercial Bank - Manila Branch - Establishment and Commencement of Operation
Banexo SerurnaL Ne PtulPtNAs OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR CIRCULAR LETTER NO. CL _20T6.TA7 To : All Banks and Non-Bank Financial Institutions Subject : First Commercial Bank - Manila Branch - Establishment and Commencement of Operation The Monetary Board, in its Resolution No. 1,L32 dated 22 June 2076, approved the application of First Commercial Bank (FCB), a Taiwan-based bank, for authority to establish a branch with commercial banking license in the Philippines. First Commercial Bank - Manila Branch was registered with the Securities and Exchange Commission on 9 August 20t6. The corresponding Certificate of Authority to Operate as a commercial bank was issued by the Bangko Sentral ng Pilipinas on L2 December 201.6 and its operations started on 16 December 201'6. For information and guidance. H*ft#Y 2.d.9"."rber 2016 A. Mabini St., Malate 1004 Manila, Philippines o (6321 708-7701 o www.bsp.gov.ph o [email protected]
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