BSP Circular Letters BSP Circular Letter No. CL-2008-059BSP Circular Letter No. CL-2008-059 2008-09-18T00:00:00.000+08:00

GM Bank, Inc. (A Rural Bank) - Merger with the SME (Small and Medium Enterprise) Bank, Inc. (A Rural Bank)

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SUPERVISION AND EXAMINATION SECTOR OFFICE OF tHE dEPutY GOVErNOr

CIRCULAR LETTER NO. CL - 2008 - 059

TO All Banks and Non-Bank Financial Institutions

Subject (Small and (A Rural Bank) GM Bank, Inc. (A Rural Bank) - Merger with the SME Medium Enterprise) Bank, Inc.

The. Securities andExchange Commission recistered o 23 July 2008 the merger of the GM Bank, Inc. (A Rural Bank) (the surviving bank) and the SME (Small and Medium Enterprise) Bank, inc. (A Rural Bank) 01 August 2008 (the absorbed bank). The Banks started operating as a merged bank on

For information and guidance.

00 HESTOR A.ESPENIL

Deputy Governor

YSeptember 2008

PananaLaPing Matatag, BanSang Panatag A. Mabini St., Malate 1004 Manila, Philippines Trunkline (632) 524-70-11 URL:www.bsp.gov.ph e-mail: [email protected]

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