May 6, 2015
BSP CIRCULAR LETTER NO. CL-2015-030
TO | : | All BSP Supervised Financial Institutions and BSP Supervised Non-Bank Financial Institutions |
SUBJECT | : | Consolidation between the Rural Bank of Tanza (Cavite), Inc. "Bangko Mabuhay" and the Rural Bank of Teresa (Rizal), Inc. into a New Rural Bank to be Known as "Bangko Mabuhay (A Rural Bank), Inc." |
The Securities and Exchange Commission registered on 21 January 2015 the consolidation between the Rural Bank of Tanza (Cavite), Inc. "Bangko Mabuhay" and the Rural Bank of Teresa (Rizal), Inc. into a new rural bank to be known as "Bangko Mabuhay (A Rural Bank), Inc."
The corresponding Certificate of Authority to Operate as a rural bank was issued by the Bangko Sentral ng Pilipinas on 23 March 2015. The Bank started operating as a consolidated rural bank on 01 April 2015.
For information and guidance.
(SGD.) NESTOR A. ESPENILLA, JR.
Deputy Governor