BSP Circular Letters BSP Circular Letter No. CL11052001BSP Circular Letter No. CL11052001 2001-11-05T00:00:00.000+08:00

Conversion of the Pangasinan Savings and Loan Bank, Inc. from a thrift bank into a rural bank

CIRCULAR LETTER Series of 2001

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

The Monetary Board in its Resolution No. 2188 dated December 21, 2000, approved the conversion of the Pangasinan Savings and Loan Bank, Inc. from a thrift bank into a rural bank, to be known as the "Pangasinan Bank (A Rural Bank), Inc."

The Certificate of Authority to operate as a rural bank was signed and issued by the Governor on October 17, 2001.

For information and guidance.

ALBERTO V. REYES Deputy Governor

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