October 1, 2010
BSP CIRCULAR LETTER NO. CL-2010-061
TO | : | All Banks and Non-Bank Financial Institutions |
SUBJECT | : | Conversion/Upgrading of Producers Rural Banking Corporation into a Thrift Bank under a New Name "Producers Savings Bank Corporation" |
The Securities and Exchange Commission registered on 8 July 2010 the conversion/upgrading of Producers Rural Banking Corporation into a thrift bank under a new name Producers Savings Bank Corporation. The Bank started operating as a thrift bank on 27 September 2010. DEIHSa
For information and guidance.
(SGD.) NESTOR A. ESPENILLA, JR.
Deputy Governor