Community Rural Bank of Dingras (Ilocos Norte), Inc.

November 15, 2016BANK BULLETIN NO. 32-16TO:All BIR Authorized Agent Banks   SUBJECT:Community Rural Bank of Dingras (Ilocos Norte), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept COMMUNITY RURAL BANK OF DINGRAS (ILOCOS NORTE), INC. checks, as well as taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes. This advisory is in view of the letter of the Philippine Deposit Insurance Corporation (PDIC) dated November 4, 2016 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 1956.A dated November 3, 2016 which prohibited COMMUNITY RURAL BANK OF DINGRAS (ILOCOS NORTE), INC. with Office address at Medina St., cor. Puruganan St., Brgy. Madamba (Poblacion), Dingras, Ilocos Norte from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. SDHTECThe Bank has two (2) branches located at the following addresses:BranchesAddress  PaoayPoblacion, Paoay, Ilocos NorteBatacDelicia Center, Nalupta, City of BatacFor your guidance and strict compliance. (SGD.) CAESAR R. DULAYCommissioner of Internal Revenue