Conversion of Nation Bank (A Private Development Bank) from a thrift bank into a rural bank
ana Ro Entra nas
MEMORANDUM
SUPERViSIOn AND eXAMINAtiOn SECtOr OFFiCe OF tHe dePutY GoVernor
CircuLAr-Letter Series of 2004
TO: ALl BANKS and noN-BANk FinANciAL inStitutioNS WITH QUASI-BANKING FUNCTIONS
The Monetary Board, in its Resolution No. 1120 dated 7 August 2003.
approved the conversion of the Nation Bank (A Private Development Bank)
from a thrift bank into a rural bank, to be known as the "Nation Bank
Incorporated, (A Rural Bank)
The Certificate of Authority to operate as a rurai bank was
signed/issued by the Governor on 8 November 2004
For information and guidance.
ALBERTO V.REYES
Deputy Governor
22 November 2004
DAMS
MAG-IMPOK SA BANGKO
MAYNILA, PILIPINAS 1004 - Tel No. 524-70-11 trunkline - URL: www.bsp.gov.ph - e-mail: [email protected]
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