Eastern Rizal (Jalajala) Rural Bank, Inc.

January 25, 2017BANK BULLETIN NO. 02-17TO:All BIR Authorized Agent Banks   SUBJECT:Eastern Rizal (Jalajala) Rural Bank, Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept checks, as well as taxpayers' checks drawn from EASTERN RIZAL (JALAJALA) RURAL BANK, INC. with Head Office address at C. Villaran St., Jalajala, Rizal, in payment of internal revenue taxes. This is in conformity with the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 2180.A dated December 8, 2016 prohibiting the subject bank from doing business in the Philippines and placing it under receivership with the Philippine Deposit Insurance Corporation (PDIC) as the designated receiver, as stated in the letter dated December 9, 2016 of the Vice-President, Receivership and Bank Management Group of PDIC.The Bank has two (2) branches located at the following addresses:  BranchesAddressCaintaE. Rodriguez Ave., Cainta RizalMarikina#336 J.P. Rizal St., Brgy. Sta. Elena (Pob.), City of Marikina For your guidance and strict compliance. AaCTcI(SGD.) CAESAR R. DULAYCommissioner of Internal Revenue