BSP Circular Letters BSP Circular Letter No. CL06131996BSP Circular Letter No. CL06131996 1996-06-13T00:00:00.000+08:00

Establishment and operation of INTER-ASIA DEVELOPMENT BANK as a thrift bank

CIRCULAR LETTER Series of 1996

TO : All Banks and Non-Bank Financial Institutions with Quasi-Banking Functions

The Monetary Board, in its Resolution No. 503 dated May 17, 1995, authorized the establishment and operation of INTER-ASIA DEVELOPMENT BANK as a thrift bank.

The Certificate of Authority to operate was signed/issued by the Governor on May 21, 1996.

The bank started operations on May 24, 1996.

R. P. LIRIO Managing Director

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