BSP Circular Letters BSP Circular LetterBSP Circular Letter 2005-02-04T00:00:00.000+08:00
To approve the conversion of the Secured Savings and Loan Association, inc. from a thrift bank into a rural bank
CIRCULAR LETTER Series of 2005
TO: All Banks and Non-Bank Financial Institutions with Quasi-Banking Functions
The Monetary Board, in its Resolution No. 1407 dated 26 September 2002 approved the conversion of the Secured Savings and Loan Association, inc. from a thrift bank into a rural bank, to be known as the "Secured Bank, Inc., A Rural Bank”.
The Certificate of Authority to operate as a rural bank was signed/issued by the Governor on 14 January 2005
ALBERT0 V: REYES Deputy Governor
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