BSP Circular Letters BSP Circular Letter No. CL03311997BSP Circular Letter No. CL03311997 1997-03-31T00:00:00.000+08:00
To approve the establishment and operation of TOTAL SAVINGS BANK, INC. as a thrift bank
CIRCULAR LETTER Series of 1997
TO : All Banks and Non-Bank Financial Intermediaries with Quasi-Banking Functions
The Monetary Board, in its Resolution No. 29 dated January 8, 1997, authorized the establishment and operation of TOTAL SAVINGS BANK, INC. as a thrift bank.
The Certificate of Authority to operate was signed and issued by the Governor on February 6, 1997. aisadc The bank started operation on February 12, 1997.
ALBERTO V. REYES Deputy Governor
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