BSP Circular Letters BSP Circular Letter No. CL-2023-047BSP Circular Letter No. CL-2023-047 2023-09-11T00:00:00.000+08:00

Merger of Bayanihan Bank, Inc. Doing business under the name and style of Bayanihan Bank (A Rural Bank) (BYNHN) and Rural Bank of Pozorrubio, Inc., with BYNHN as the Surviving Bank

File/Ref. No. FSDIV-2023-09-0002b-FSD4-CL-BYNHN OFFICE OF THE DEPUTY GOVERNOR I FINANCIAL SUPERVISION SECTOR 047 CIRCULAR LETTER NO. CL-2023-____ To : All BSP-Supervised Financial Institutions Subject : Merger of Bayanihan Bank, Inc. Doing business under the name and style of Bayanihan Bank (A Rural Bank) (BYNHN) and Rural Bank of Pozorrubio, Inc., with BYNHN as the Surviving Bank The Securities and Exchange Commission approved on 16 August 2023 the Articles and Plan of Merger executed on 3 February 2023 by and between BYNHN, the surviving corporation, and Rural Bank of Pozorrubio, Inc. (PZBIO), the absorbed corporation, whereby the entire assets and liabilities of PZBIO will be transferred to and absorbed by BYNHN. The merger took effect on 1 September 2023. For information and guidance. Digitally signed by Chuchi G. Fonacier Date: 2023.09.11 15:09:37 +08'00' CHUCHI G. FONACIER Deputy Governor 11 September 2023 FSS Licensing Form No. 02-019 * Version 0 * Updated 10 June 2022

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