Banco de Arevalo, Inc. (A Rural Bank) - Establishment and Commencement of its Operation
Bangiko Sentnal ng Pi[ipinas
OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR
CIRCULAR LETTER NO. CL- 2009- 022
TO ALL BANKS AND NON-BANK FINANCIAL INSTITUTIONS
Subject: Banco de Arevalo, Inc. (A Rural Bank) - Establishment and Commencement of its Operation
approved the establishment of a rural bank in Sibunag, Guimaras, to be The Monetary Board, in its Resolution No. 286 dated 6 March 2008
known as "Banco de Arevalo, Inc. (A Rural Bank)". The Bank was registered with the Securities and Exchange Commission on 23 October 2008. Its Certificate of Authority to Operate was issued on 26 January 2009 and it started operations on 28 January 2009.
For information/guidance
HESTOR A ESPENILIA JR
Deputy'Governo
23 March 2009
PananaLapIng Matatag, BanSang Panatag
A. Mabini St., Malate 1004, Manila, Philippines Trunkline (632) 524-70-11 URL:ww.bsp.gov.ph e-mail: [email protected]
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