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