Valiant Bank, Inc. (A Rural Bank)

May 31, 2019BANK BULLETIN NO. 11-19TO:All BIR Authorized Agent Banks   SUBJECT:Valiant Bank, Inc. (A Rural Bank) Effective immediately, all Authorized Agent Banks are hereby advised not to accept checks, as well as taxpayers' checks drawn from VALIANT BANK, INC. (A RURAL BANK) with Head Office address at 41 Valiant Bldg., Mabini St., Iloilo City, in payment of internal revenue taxes. This is in conformity with the Bangko Sentral ng Pilipinas (BSP) Monetary Board Resolution No. 725.A dated May 16, 2019 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 May 17, 2019 of Imelda R. Salgado, Officer-In-Charge, Receivership and Bank Management Group of PDIC. EcTCADThe Bank has eight (8) branches located at the following addresses: BranchAddressBacolod City6th St., Brgy. 17 (Pob.), Bacolod CityBanateGM Bldg., Bularan, Banate, IloiloDueñasBrgy. Capuling, Dueñas, IloiloEstanciaE. Reyes Ave., Brgy. Poblacion Zone 2, Estancia, IloiloRoxas CityBurgos St. corner Jovita St., Brgy. Inzo Arnaldo Village, Roxas City, CapizSan JoseMaria Gracia...