Approved Applications for New Banking Offices and Banking Offices which Opened/Re-opened

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SUPERVISION AND EXAMINATION SECTOR OFFICE OF THE DEPUTY GOVERNOR

CIRCULAR LETTER NO. CL-2008-055

To ALL BANKS

Subjec and Banking Offices which Opened/Re-opened Approved Applications for New Banking Offices

and (2) banking offices which opened/re-opened during the 2nd Quarter of 2008: For information, listed below are the: (1) approved applications for new banking offices:

L. APPROVED APPLICATIONS A. COMMERCIAL BANKS 1 Rizat Commercial Banking Corporation Ivpe of Office Branch Branch Branch Approved 04/15/08 Matina, Davao City 04/15/08 Alabang, Muntinlupa City 04/15/08 Date Ioilo City City/Municipality

2 Metropolitan Bank & TCO Sub-Branch Branch Branch Branch Branch 04/21/08 Batangas City 04/21/08 Mandaue City 04/21/08 Zamboanga City 04/21/08 06/06/08 Puxi, China Urdaneta City

3 Bank of Commerce Branch Branch Branch Branch Branch 06/21/08 Valenzuela City 06/21/08 Subic, Olongapo City 06/21/08 06/21/08 Cainta 06/21/08 Cebu City Cabanatuan City

4 East West Banking Corporation Branch Branch Branch Branch Branch 06/19/08 06/19/08 06/19/08 06/19/08 06/19/08 Valenzuela City Baliwag, Bulacan Matina, Davao City Lipa City Taguig City

B. THRiFT BANKS 1 RCBC Savings Bank Inc. Branch Branch Branch Branch Branch 04/03/08 San Mateo, Rizal 06/27/08 06/27/08 06/27/08 06/27/08 San Jose, Batangas Tagbilaran City Zamboanga City Lingayen, Pangasinan

2 Philippine Savings Bank Branch 04/25/08 Bacotod City

3 Robinsons Savings Bank Branch Branch 05/19/08 Urdaneta City 05/19/08 Meycauayan City

PANANALAPING MATATAG, BANSANG PANATAG

A. Mabini St., Malate 1004 Manila, Philippines Trunkline (632) 524-70-11 URL:www.bsp.goy.ph e-maif: [email protected]

4 Sterling Bank of Asia inc. (A Savings Bank) Type of Office Branch Branch Branch Branch Branch Approved 05/19/08 05/19/08 05/19/08 05/19/08 Marikina City 05/19/08 Date Las Pinas City Malabon City Alabang, Muntinlupa City Taguig City City/Municipality

5 Equicom Savings Bank Inc. Branch Branch Branch 05/26/08 05/26/08 05/26/08 Alabang, Muntinlupa City Cubao, Quezon City Valenzuela City

6 Planters Development Bank Branch 06/12/08 Tagum City

7 Kauswagan Bank (A Microfinance Thrift Bank) Branch Branch Branch Branch Branch 04/30/08 Kalibon, Aklan 04/30/08 04/30/08 04/30/08 04/30/08 Ubay, Boho! Calbayog City Sigma, Capiz Ormoc City

C. RURAL BANKS 1 Peninsula Rural Bank Inc. Branch Branch Branch Branch 04/16/08 04/16/08 04/16/08 04/{6/08 Ipii, Zamboanga Sibugay Cebu City Cebu City Ozamiz City

2 Malarayat Rural Bank inc. Branch 04/22/08 Calamba City

3 Gateway Rural Bank Inc. Branch 04/25/08 Pulilan, Bulacan

4 Rang-ay Rural Bank Inc. Branch Branch Branch Branch Branch 04/25/08 04/25/08 04/25/08 04/25/08 04/25/08 Rosales, Pangasinan Magsingal, Ilocos Sur Narvacan, Ilocos Sur Rosario, La Union Tagudin, llocos Sur

5 Rural Bank of Sta. Ignacia Inc. (Signa Bank) Branch 05/13/08 Gerona, Tarlac

6 St. Michael Rural Bank Branch 05/16/08 Tariac City

7 Rurai Bank of Mangaldan tnc. Branch 06/19/08 Binalonan, Pangasinan

8 One Network Rurai Bank Inc. Branch Branch Branch Branch Branch 06/19/08 06/19/08 06/19/08 06/19/08 06/19/08 Dipolog City Sindangan, Zamboanga del Norte Gingoog City Ozamiz City Surigao City

9 Producers Rural Banking Corporation Branch Branch Branch Branch Branch 06/19/08 06/19/08 06/19/08 06/19/08 06/19/08 Olongapo City Aparri, Cagayan Cabarroguis, Quirino Camiling, Tarlac Sorsogon City

Type of Office Approved Date City/Municipality

II. OPENED A. COMMERCIAL BANKS 1 Security Bank Corporation Branch Branch Branch Branch Branch 05/02/08 Urdaneta City 05/09/08 06/16/08 Banilad-Cebu City 06/16/08 05/09/08 Laoag City Velez-Cagayan de Oro City North Road-Mandaue City

2 China Banking Corporation Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch Branch 05/02/08 05/02/08 04/14/08 04/14/08 04/14/08 05/02/08 05/02/08 05/02/08 05/12/08 04/25/08 06/27/08 06/27/08 Legaspi Village-Makati City Banawe-Quezon City SM Supercenter-Pasig City Valenzuela City Gapan City Lanang-Davao City Catarman, Northern Samar La Trinidad, Benguet Bonny Serrano-Quezon City Calapan City Carcar City Ermita-Manila

3 Union Bank of the Philippines Branch Branch 04/10/08 Subic,Zambales 04/10/08 Magsays ay-Davao City

4 Rizal Commerciai Banking Corporation Branch Branch 04/29/08 06/19/08 Sta. Maria, Bulacan Cebu Business Park-Cebu City

5 Metropolitan Bank & TCO Branch 06/16/08 San Nicoias, Ilocos Norte

6 Asia United Bank Corporation Branch 06/11/08 Dagupan City

B. THRIFT BANKS 1 Tong Yang Savings Bank inc. Branch 05/09/08 Alabang, Muntinlupa City

2 Sterling Bank of Asia Branch 05/02/08 Magallanes-Cebu City

3 RCBC Savings Bank Inc. Branch 05/05/08 Angeles City

4 Philippine Business Bank Branch 06/27/08 Angeles City

5 Queen City Development Bank Branch 04/02/08 Urdaneta City

6 City Savings Bank Branch 04/01/08 Tagum City

C. RURAL BANKS 1 Peninsula Rural Bank Inc Branch 04/25/08 Buhangin-Davao City

2 Katipunan Bank inc. "A Rura! Bank" Branch Branch 06/20/08 Compostela, Cebu 05/01/08 Liloan, Cebu

3 BHF Rural Bank Inc. Branch 05/22/08 Alaminos City, Pangasinan

4 Rural Bank of Tatisay (Batangas) Inc Type of Office Branch Approved 05/15/08 Date Tanauan City City/Municipality

5 Cooperative Bank of Nueva Vizcaya Branch 06/18/08 Barmbang, Nueva Vizcaya

6 Bangko Kabayan (A Rural Bank} Bran ch 05/16/08 Tanauan City

7 Rural Bank of Barotac Viejo (1loilo) inc. Branch 05/19/08 Estancia, Iloiio

8 1st Valley Bank (A Rural Bank) Branch 06/27/08 Malaybaiay City

9 Zambales Rurai Bank inc. Branch 06/02/08 Mabalacat, Pampanga

10 Cooperative Bank of Benguet Branch 06/05/08 Rosario, La Union

11 CARD Bank Inc. (A Mcrofinance Rural Bank) Branch Branch 04/21/08 Tacloban City 05/05/08 San Jose, Antique

II1. RE-OPENED A. COMMERCIAL BANKS 1 Banco de Oro Unibank Inc. Branch Branch Branch Branch Branch Branch Branch Branch 04/04/08 Mall of Asia Complex-Pasay City 05/21/08 Pascor Drive-Paranaque City 06/24/08 Fitinvest Alabang-Murtinlupa City 04/04/08 San Fernando City, Pampanga 05/15/08 North EDSA-Quezon City 05/21/08 Cainta, Riza! 05/26/08 Legaspi Village-Makati City 05/26/08 East Greenhills-San Juan City

For information and guidance.

Y

NESTOR A. #SPENILM XJR

Deputy Governor

03 September 2008