September 14, 2012
BSP CIRCULAR LETTER NO. CL-2012-067
| TO | : | All Banks and Non-Bank Financial Institutions |
| SUBJECT | : | Conversion/Upgrading of Enterprise Bank, Inc. (A Rural Bank) into a Thrift Bank Under its New Corporate Name "Enterprise Bank, Inc. (A Thrift Bank)" |
The Securities and Exchange Commission (SEC) registered on 28 June 2012 the conversion/upgrading of Enterprise Bank, Inc. (A Rural Bank) into a thrift bank under its new SEC-approved corporate name, Enterprise Bank, Inc. (A Thrift Bank). The Bank will start its operation as a thrift bank on 1 October 2012.
For information and guidance.
(SGD.) CHUCHI G. FONACIER
Sector-in-Charge
