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Rural Bank of Malinao (Aklan), Inc.

Bank Bulletin No. 11-16 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • Apr 5, 2016

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April 5, 2016 BANK BULLETIN NO. 11-16 TO : All BIR Authorized Agent Banks SUBJECT : Rural Bank of Malinao (Aklan), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF MALINAO (AKLAN), 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 March 23, 2016 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 510 dated March 22, 2016 which prohibited RURAL BANK OF MALINAO (AKLAN), INC. with office address at San Juan St., Brgy. Poblacion, Malinao, Aklan 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 at the following addresses: Branch Address Cabatuan Bermejo St., Poblacion, Cabatuan, Iloilo Kalibo-OBO 19 Martyrs St., Brgy. Poblacion, Kalibo, Aklan Madalag-OBO Madalag Public Market, Poblacion, Madalag, Aklan Malay-OBO National Road, Brgy. Caticlan, Malay, Aklan Tangalan-OBO National Highway, Poblacion, Tangalan, Aklan For your guidance and strict compliance. (SGD.) NELSON M. ASPE Deputy Commissioner-Operations Group Officer-in-Charge

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