Rural Bank of Maigo (Lanao del Norte), Inc.

October 8, 2018BANK BULLETIN NO. 23-A-18TO:All BIR Authorized Agent Banks   SUBJECT:Rural Bank of Maigo (Lanao del Norte), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept checks, as well as taxpayers' checks drawn from RURAL BANK OF MAIGO (LANAO DEL NORTE), INC. with Head office address at Poblacion, Maigo, Lanao del Norte, in payment of internal revenue taxes. This is in conformity with the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 1484.A dated September 13, 2018 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 September 14, 2018 of Atty. Nilo Aldrin M. Lucinario, Vice-President, Receivership and Bank Management Group of PDIC. cSEDTCFor your guidance and strict compliance.(SGD.) CAESAR R. DULAYCommissioner of Internal Revenue