Rural Bank of Buguias (Benguet), Inc.

February 9, 2016 BANK BULLETIN NO. 04-16 TO : All BIR Authorized Agent Banks SUBJECT : Rural Bank of Buguias (Benguet), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF BUGUIAS (BENGUET), INC. checks as well as taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes. This advisory is in view of the letter of the Philippine Deposit Insurance Corporation (PDIC) dated October 26, 2015 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 1704 dated October 22, 2015 which prohibited RURAL BANK OF BUGUIAS (BENGUET), INC. with Head Office address at Abatan, Buguias, Benguet from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. The Bank has Five (5) branches located in the following addresses: BANK BRANCH BANK ADDRESS Bauko Bauko, Mt. Province Tadian Tadian, Mt. Province Kabayan Kabayan, Benguet La Trinidad Pico, La Trinidad, Benguet Cervantes Brgy. Rosario, Cervantes, Ilocos Sur For your guidance and strict compliance. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue