BSP Circular Letters BSP Circular Letter No. CL-2020-019BSP Circular Letter No. CL-2020-019 2020-04-14T00:00:00.000+08:00

First Naga Rural Bank, Inc. - Voluntary Surrender of Banking License

OFFICE OF THE DEPUTY GOVERNOR FINANCIAL SUPERVISION SECTOR CIRCULAR LETTER NO. CL – 2020 – 019 To : All BSP-Supervised Financial Institutions (BSFIs) Subject : First Naga Rural Bank, Inc. –Voluntary Surrender of Banking License The Monetary Board, in its Resolution No. 482 dated 01 April 2020, approved the voluntary surrender by First Naga Rural Bank, Inc. of its banking license to the Bangko Sentral ng Pilipinas. For information and guidance. CHUCHI G. FONACIER Deputy Governor 14 April 2020 A. Mabini St., Malate 1004 Manila, Philippines ⚫ (632) 8708-7701 ⚫ www.bsp.gov.ph ⚫ [email protected]

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