February 12, 2019
BSP CIRCULAR LETTER NO. CL-2019-013
| TO | : | All BSP-Supervised Financial Institutions |
| SUBJECT | : | Merger between AllBank (A Thrift Bank), Inc. and Rural Bank of Plaridel, Inc. |
The Securities and Exchange Commission approved on 28 December 2018 the Articles and Plan of Merger executed by and between AllBank (A Thrift Bank), Inc. (ALLBK), the surviving corporation, and Rural Bank of Plaridel, Inc. (PLRBU), the absorbed corporation, whereby the entire assets and liabilities of PLRBU will be absorbed by ALLBK.
The effective date of the merger was on 28 December 2018. cTDaEH
For information and guidance.
(SGD.) ARIFA A. ALA
Sector-in-Charge
