Cessation of Operations of State Bank of India — Manila Representative Office

Bangko Sentral ng Pilipinas

BSP Circular Letters

BSP Circular Letter No. CL-2015-049

August 7, 2015

BSP CIRCULAR LETTER NO. CL-2015-049

TO:All Banks and BSP Supervised Non-Bank Financial Institutions
SUBJECT:Cessation of Operations of State Bank of India — Manila Representative Office

The Monetary Board, in its Resolution No. 1209 dated 30 July 2015, noted the cessation of operations of State Bank of India — Manila Representative Office in the Philippines. CAIHTE

For information and guidance.

(SGD.) NESTOR A. ESPENILLA, JR.
Deputy Governor

AIC Grande Tower Garnet Road
Ortigas Center, Pasig City
Metro Manila Philippines

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